Intraday calls for 04-05-11

Quotes with Resistance & Support

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Intraday calls for 04-05-11

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

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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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Giggsy Says:
May 4th, 2011
Posted at: 8:31 am
Good morning CR/Kartik. What can we expect from Timken today? Can it break 225 levels? The charts also looked strong, but there has been no upmove inspite everyone recommending to go for it. Can you please advise?
smh Says:
May 4th, 2011
Posted at: 8:31 am
cb, whats the sup & resis for tata global & pfc for tdy
irshu Says:
May 4th, 2011
Posted at: 8:33 am
hi gm.target of exide and vijaya bank?
Kartik Says:
May 4th, 2011
Posted at: 8:33 am
Hi Giggsy, GM, can see around 215 today if markets recover
Hi smh, Tata global looks weak below 100, PFC faces strong support at 220, can see 225 today
Kartik Says:
May 4th, 2011
Posted at: 8:33 am
Hi irshu, they can add 2-3%
Giggsy Says:
May 4th, 2011
Posted at: 8:35 am
Do you suggest holding on to Timken for a bit longer? Or is there a level I should exit from?
Jagdish Says:
May 4th, 2011
Posted at: 8:35 am
Hi Kartik/CB, Good Morning
What is your view on RIL Holding @1015, Jai corp @ 212, and Pipavav Shipyard @ 94
Kartik Says:
May 4th, 2011
Posted at: 8:37 am
Hi Giggsy, Midcaps have been trading weak, markets can give a bounce, hold it with a SL at 208
Hi Jagdish, GM, RIL looks weak, might take some time to recover, hold Jai and Pipav for Short term
smh Says:
May 4th, 2011
Posted at: 8:39 am
kartik, when do we get to know the price band as the FPO is openeing on 10th may, yur view if its below 220 how the stock reacts
dhiva Says:
May 4th, 2011
Posted at: 8:39 am
hi kartik,
gud morning, ur view on oriental bank? should i short intraday? pls suggest
SS Says:
May 4th, 2011
Posted at: 8:40 am
Hi Kartik,
Good Morning, Im holding BHEL long (FUT). Target/opinion, pls....thanks
Kartik Says:
May 4th, 2011
Posted at: 8:40 am
Hi SAGAR, he's been out, shall be back soon :)
Kartik Says:
May 4th, 2011
Posted at: 8:42 am
Hi smh, once the offer is opened on 10 May, the rates shall be announced
Hi SS, hold it with a SL at 2000, can add 20-25rs today
Hi dhiva, no, dont go short for Intraday
vishal Says:
May 4th, 2011
Posted at: 8:44 am
i am holding il&fs engineering, and hoping for huge returns, what are your views for the long term, what could its target be for a horizon of 1-2 years
MICKY Says:
May 4th, 2011
Posted at: 8:45 am
Kartik wat do u thnk i ve chmabal ferti @ 84.85 do see the purchase price today itself ?
Subhag Ghosh Says:
May 4th, 2011
Posted at: 8:46 am
The rally from 5348.2 to 5944.45 has retraced back to 61.8 % i.e 5575 and trading below it, only hope is gap that has been created 5529-5561, we are trading just above the gap.Market may open down and only hope is 5529 for support. If nifty breaks 5529 then 5350 is very much possible in comming days.
SG