Intraday calls for 04-05-11

Quotes with Resistance & Support

Market Information

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

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495 Responses

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Romit Says:
May 4th, 2011
Posted at: 1:43 pm
Hi CB/Sunil/KB Sir,
Wat do u suggest regarding GVK Power?
CB Says:
May 4th, 2011
Posted at: 1:43 pm
Hi Romit, fundamentally its a good bet. if possible hold for 2-3 months and few more on dips to avg it
Hi MICKY, hold it for now. dont enter central yet.
CB Says:
May 4th, 2011
Posted at: 1:44 pm
Hi MICKY, no, not sure about it
Hi Romit, it looks weak. dont enter it yet.
MICKY Says:
May 4th, 2011
Posted at: 1:46 pm
Cb wats the scene today almost gorup A stocks r positive
Romit Says:
May 4th, 2011
Posted at: 1:46 pm
CB Sir,
How bout BHEL ..
Bought @ 2536..
Wat needs to be done.
Kb Says:
May 4th, 2011
Posted at: 1:47 pm
Hi CB, nathingg :P
CB Says:
May 4th, 2011
Posted at: 1:47 pm
Hi MICKY, yes, some short covering it seems . overall seems may close a bit lower today
Hi Romit, its a hold. fundamentally a good long term bet. keep it for 3-4 months.
Sachin Says:
May 4th, 2011
Posted at: 1:47 pm
Thanku for ur response...wats the expection of nifty future for the closing week? As i ve bgt nifty may future @ 5760 yesterday.. So do u assist me to go for a stop loss or book loss?
CB Says:
May 4th, 2011
Posted at: 1:47 pm
Hi Kb, :) ok
Hi Sachin, most welcome. for now hold it. good support near 5500 levels. possible see some bounce from here.
Romit Says:
May 4th, 2011
Posted at: 1:48 pm
CB Sir,
Currently ILFLS& Trans is at 202 and i bought the same at 299..
Should i average it now or should i wait for some more dips.
setul Says:
May 4th, 2011
Posted at: 1:48 pm
what can be the target of BPCL in weeks time
CB Says:
May 4th, 2011
Posted at: 1:48 pm
Hi Romit, avg it lower near 195
Hi setul, can see 675
MICKY Says:
May 4th, 2011
Posted at: 1:48 pm
ya cb lagta toh aise he hai...jus i hope chambal goes up..hehe :)
CB Says:
May 4th, 2011
Posted at: 1:49 pm
Hi cvrprakash, yes, markets have corrected quite a bit. for now enter in small quantity
CB Says:
May 4th, 2011
Posted at: 1:49 pm
Hi MICKY, yes.. lets hope for the best.
MICKY Says:
May 4th, 2011
Posted at: 1:49 pm
cvPRAKASH its k hota hai kabhi kabhi and its coz f market