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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: 5678910111213Show all

  1. CB Says:
    May 4th, 2012
    Posted at: 10:21 am

    Hi sunil, no, not yet. with markets going weak, it could see buying interest

    Hi Madhes, its near 2020

    Hi SS, yes, hold it.


  2. G Says:
    May 4th, 2012
    Posted at: 10:21 am

    cb, i m holding 2000 shares of NHPC since 36 levels. can i add another 1000 at current level? what's your advice for NHPC? i have no problem to stay invested in it if you see a bright future in 1-2 years or so.


  3. SS Says:
    May 4th, 2012
    Posted at: 10:23 am

    Hi CB,
    Thanks...One question...With gold price movement what impact shd we see on Titan ? or, any linkage between the two ?


  4. Subin Says:
    May 4th, 2012
    Posted at: 10:25 am

    Thnks CB


  5. Raj Says:
    May 4th, 2012
    Posted at: 10:26 am

    Hi CB, i made a short call on JSW @ 674, now its trading arnd 666.9 (todays lowest). Will it fall more?


  6. CB Says:
    May 4th, 2012
    Posted at: 10:26 am

    Hi G, lets wait for some more time. markets are seeing selling pressure.


  7. BDM Says:
    May 4th, 2012
    Posted at: 10:28 am

    Seems u missed my query. "CB GM. What to do with Ashok Leyland. book loss or wait till @29 in future ?" Please advice


  8. CB Says:
    May 4th, 2012
    Posted at: 10:28 am

    Hi SS, no, not likely to have any considerable impact

    Hi Subin, most welcome

    Hi Raj, likely to. book near 662-664


  9. Raj Says:
    May 4th, 2012
    Posted at: 10:29 am

    Thanks CB


  10. CB Says:
    May 4th, 2012
    Posted at: 10:29 am

    Hi BDM, its a hold. near strong support levels. can expect a bounce in 1-2 days. hedge with a 5100 pe for now.


  11. CB Says:
    May 4th, 2012
    Posted at: 10:30 am

    Hi Raj, most welcome.


  12. Karan Sharma Says:
    May 4th, 2012
    Posted at: 10:32 am

    Hi,

    Can i sell IFCI (Futures) @ CMP?


  13. BIRJU Says:
    May 4th, 2012
    Posted at: 10:32 am

    THANKS,
    but nifty still very weak today what level it will touch


  14. CB Says:
    May 4th, 2012
    Posted at: 10:33 am

    Hi Karan Sharma, can test 38.50

    Hi BIRJU, yes. can test 5130


  15. BDM Says:
    May 4th, 2012
    Posted at: 10:34 am

    ok thanx for ur advice


  16. BIRJU Says:
    May 4th, 2012
    Posted at: 10:35 am

    thanks i will wait till 5140

Comment pages:5678910111213Show all

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