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Intraday calls for 04-05-11

Posted on: May 4th, 2011 at 8:24 am

Markets likely to open flat, support for Nifty is at 5530

If markets show recovery later during the day, buy Exide Industries

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495 Responses

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  1. ARAVIND Says:
    May 4th, 2011
    Posted at: 11:18 pm

    Hi Karthik,
    what is the shorterm tgt of wockpharma & lic housing finance.pls


  2. smh Says:
    May 4th, 2011
    Posted at: 11:40 pm

    hi kartik, am holding tata global in long do yu sugest me to trade in that to reduce my cost, when r the results of Q4 i have beiing trying to find out but cud not get anywhere. pls huide


  3. Kartik Says:
    May 4th, 2011
    Posted at: 11:51 pm

    Hi smh, its results date are not yet out, looks weak elbow 98-100, try to exit it on rise

    Hi ARAVIND, they can add 10-15% in 1-2 months time if markets manage to see some recovery


  4. smh Says:
    May 4th, 2011
    Posted at: 11:53 pm

    kartik, my purchase is 105 can i hedge it now with nifty short or any other option, whats yur view on nifty can we see below 5400 too in may


  5. arun bj Says:
    May 5th, 2011
    Posted at: 12:11 am

    cb can i enter andhra bank at cmp .


  6. cvrprakash Says:
    May 5th, 2011
    Posted at: 12:17 am

    HI Kartik,

    I am holding Axis Bank already in my portfolio.
    Now willing to add more... @ what range do you suggest to enter it?


  7. CB Says:
    May 5th, 2011
    Posted at: 12:52 am

    Hi smh, for now don't hedge it. nifty is oversold and can expect a bounce anytime soon. one rise hedge it with a 95 or 100 put

    Hi arun bj, no, not yet

    Hi cvrprakash, dont add more yet. add lower near 1210


  8. cvrprakash Says:
    May 5th, 2011
    Posted at: 1:01 am

    CB,

    I wonder how you guys reply from morning to Night !!!
    When will you sleep?


  9. CB Says:
    May 5th, 2011
    Posted at: 1:41 am

    Hi cvrprakash, I usually sleep by 2... Good night..


  10. pS Says:
    May 5th, 2011
    Posted at: 2:35 am

    sunil rao:- can i have ur id pls. send a test e-mail on my email id.


  11. jit... Says:
    May 5th, 2011
    Posted at: 6:30 am

    buy 5500put @88 and 5600call @72 bith in equal amount., combined cost will come 160, and we are expecting minimum 50 point profit from this strategy.


    MAY I FOLLOW THIS AS WE WONT SEE A RANGE BOUND TRADE FROM THESE LEVELS


  12. ARAVIND Says:
    May 5th, 2011
    Posted at: 7:44 am

    Hi CB/Karthik,
    l bought confidence petro @17.50.Now it is going down.pls advice.


  13. Kartik Says:
    May 5th, 2011
    Posted at: 8:31 am

    Hi ARAVIND, its more of a investment bet, hold it for Long term

    Hi jit..., these work theologically, but dont work practically, the profit/loss shall be the same, you may track it for a while


  14. ARAVIND Says:
    May 5th, 2011
    Posted at: 9:34 am

    Thanks ,goodmorning


  15. Kartik Says:
    May 5th, 2011
    Posted at: 9:35 am

    Hi ARAVIND, most welcome, GM

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