Quotes with Resistance & Support
Market Information

Intraday calls for 04-05-12

Posted on: May 4th, 2012 at 8:27 am

Markets likely to open lower. Support for nifty is at 5160.

Sell JSW Steel below 675, target: 662. Stoploss: 684 – (Book profit in JSW steel at 663)

If markets show recovery later during the day, buy: Essel Propack

12.59pm- buy 5100 pe at 102.50, target: 125. Stoploss: 5140 (spot)

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476 Responses

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Comment pages: 212223242526272829Show all

  1. wajeed Says:
    May 4th, 2012
    Posted at: 11:33 pm

    hi karthik, i buy 2 lots of nifty yesterday at 5203 in may futures im in huge loss what should i do now pls suggest any stoploss on monday is any chance of recovering nifty pls advice


  2. Kb Trader Says:
    May 4th, 2012
    Posted at: 11:34 pm

    and watch this :DDDDDDD

    http://www.youtube.com/watch?v=XQf3YP8p85I

    oops.. sorry for off topic posts :DDD


  3. sheeja Says:
    May 4th, 2012
    Posted at: 11:43 pm

    Kartik,

    Possible please check and reply back for my Question asked @ 7:54 pm
    Thanks.


  4. Gitanjali Says:
    May 4th, 2012
    Posted at: 11:45 pm

    Hi Ham, Wow...Those classics!!Takes you to another world ...That brought this peice of music to my mind .. Hope you like it.. liric's are very good...he had sung this at the white house,on invitation by Obama.. http://www.youtube.com/watch?v=xwOWHLQ46Ug Thanks ever so much .Hi SM, Sure will check now..Hi Kb Trader, looks like ,studies are out of the window ,for now!!!
    GOOD Night Karthik/CB ..Happy holidays.


  5. Ham Says:
    May 5th, 2012
    Posted at: 12:42 am

    Hi SM, GE, Most welcome :)
    Finally u r back to casino......
    WELCOME to fantasy world of Indian fraud market......
    BTW, Howz ur father's health, hope he's doing great !!!
    Best wishes.............. :)


  6. CB Says:
    May 5th, 2012
    Posted at: 12:46 am

    Hi wajeed, yes, technically nifty does look a bit weak. would advice to enter couple of 5000 pe's at opening

    Hi Kb Trader, :) thanks

    Hi sheeja, can look to short jsw steel and LT on any bounce. are looking weak

    Hi Gitanjali, Good night and have a good weekend.


  7. Ham Says:
    May 5th, 2012
    Posted at: 12:51 am

    Hi Gitanjali, Thank u
    This one is excellent song with fantastic lyrics and the meaning is wonderful !!!
    Good collection and this is my first time listening to this one and also enjoyed the music... :)


  8. Ham Says:
    May 5th, 2012
    Posted at: 12:56 am

    Hi CB, GE CB
    Hope u doing great in market :)


  9. Ham Says:
    May 5th, 2012
    Posted at: 1:04 am

    No escaping European risks

    http://www.reuters.com/article/2012/05/04/us-markets-global-weekahead-idUSBRE84317X20120504


    Wall Street faces worst week this year

    http://www.reuters.com/article/2012/05/04/us-markets-stocks-idUSBRE83T09920120504


    Gold edges into positive territory after U.S. data

    http://www.reuters.com/article/2012/05/04/us-markets-precious-idUSBRE8390RW20120504


    Dollar drops vs yen on jobs data, euro tumbles broadly

    http://www.reuters.com/article/2012/05/04/us-markets-forex-idUSBRE83Q0O120120504


    Oil dives three percent, set for biggest 3-day rout since December

    http://www.reuters.com/article/2012/05/04/us-markets-oil-idUSBRE83H17O20120504


  10. CB Says:
    May 5th, 2012
    Posted at: 1:28 am

    Hi Ham, Good evening.. seems to be going fine.. at times profits at times losses


  11. Ham Says:
    May 5th, 2012
    Posted at: 1:50 am

    Hi CB,
    But one thing CB, ur helping nature will not go in vain, seriously.....
    The people who are benefited due to NSEGUIDE will definitely pray for your organization and our prayers and best wishes are always with u any time and more importantly GOD is with those people who helps others and benefits them with their experienced skills...
    Wish u all the best forever and ever and ever and..........................
    Good Night CB :)


  12. Ham Says:
    May 5th, 2012
    Posted at: 2:10 am

    Hi all,
    I really do feel very very sorry for those who lost in market since 2-3 days....
    Plz do not hold any long positions in bear market without keeping stoploss. If the stoploss is triggered, let it go off with the minimum loss but don't make this small loss into a big one hoping markets may recover despite breaking all the support levels. Shall recover the previous loss some other time, some other day with the help of CB/Kartik's suggestions... Every day market gives chances to everyone but the important thing is "are we there in the market to utilize that chance"??? I practically experienced and suffered the stress, strain and the worst pain ever after losing lacs of rupees long time ago and I wish no one should suffer that pain due to this ugly share market and this can be achieved by being patient. I will be the first person to feel happy if someone(no matter who is he/she) earns money from this $hitty markets...
    Big fishes are doing fine with their insider's information but the more and more effecting were the small investors like us..... Don't mind otherwise, just shared my view...
    Wish u all the best !!!


  13. Ham Says:
    May 5th, 2012
    Posted at: 2:22 am

    Sorry for typo, plz do correct the following,

    "this can be achieved with patience" not by being patient...

    sorry once again for typing mistake...


  14. CB Says:
    May 5th, 2012
    Posted at: 7:58 am

    Hi Ham, Good morning. Thank you for your kind comments and God bless you too :). have a good weekend.


  15. Kb Trader Says:
    May 5th, 2012
    Posted at: 8:06 am

    Hi CB, :)

    Hi Gitanjali, nooo.. :DDD

    Hi SM, GM. ..

    Hi SAI, heyyyyyy... :)


  16. CB Says:
    May 5th, 2012
    Posted at: 8:07 am

    Hi Kb Trader, Good morning :)

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