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Intraday calls for 05-05-10

Posted on: May 5th, 2010 at 8:23 am

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Markets likely to see a gap down opening. Nifty has support near 5030 and resistance at 5160

If markets show recovery later during the day, buy: Nagarjuna Construction above 182 and Shree Renuka sugars above 56

2.56pm – btst – buy Religare enterprises at 422, target: 434. Stoploss: 411 (trade in small quantity)

3.24pm – Book profits in Shree Renuka sugars at 58.40

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711 Responses

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kumar Says:
May 5th, 2010
Posted at: 11:42 am
HI CB/Karthik,
Shall i buy hcltech @cmp.. pls advice
Kb Says:
May 5th, 2010
Posted at: 11:43 am
Cbeeeeeee... look in to BAJAJFINSV. .. now, hooo... 341 to 380 ...
Kb Says:
May 5th, 2010
Posted at: 11:45 am
Mahesh.., does "www.stock-anal.com" .. software is free???
Always Bullish Says:
May 5th, 2010
Posted at: 11:45 am
shud i buy renuka nw @ cmp?
Rahul Says:
May 5th, 2010
Posted at: 11:45 am
HI Karthik
How Tanla Solution is looking at this point it is around 52 week low.
Kartik Says:
May 5th, 2010
Posted at: 11:46 am
Hi kumar, dont enter it now, wait for some time
Hi Kb, yes, looks strong technically above 370
Hi Always Bullish, you may enter it for Short term at CMP
DS Says:
May 5th, 2010
Posted at: 11:46 am
Dear Kartik,
Is this rock bottom?Shd we start averaging our stocks?
abhijith Says:
May 5th, 2010
Posted at: 11:47 am
Hiii Karthik. Pls suggest whether Vip ind can see 255 today
Kartik Says:
May 5th, 2010
Posted at: 11:48 am
Hi DS, dont avg them yet, since Global ques look weak, wait for some positive trigger
Hi abhijith, yes, most likely, but hold it with a SL at 260 on the upside
kumar Says:
May 5th, 2010
Posted at: 11:49 am
Thanks Kartik...
Kb Says:
May 5th, 2010
Posted at: 11:49 am
Hi Kartik, good above 370... hmm thats why Cb said "not sure", in the morning. ..
why a sudden jump, any news on it ???
Chandrika Says:
May 5th, 2010
Posted at: 11:49 am
HI CB
Somebody told in CNBC exit from bankof rajasthan. Can I hold it till tomorrow or monday ?can i exit from it. Pls suggest. I have @79. Now it is 79.30 . Pls suggest me. What can I do pls
kavita Says:
May 5th, 2010
Posted at: 11:50 am
HI KARTIK,
i bought suzlon @66.75. what will be intraday target
Kb Says:
May 5th, 2010
Posted at: 11:50 am
Mahesh, stock anal.. software is free / or what ???
Kartik Says:
May 5th, 2010
Posted at: 11:51 am
Hi kumar, most welcome
Hi Kb, not sure of any news on it yet
Hi Chandrika, yes, hold it till tomorrow, its likely to see some recovery
vishnuteerth Says:
May 5th, 2010
Posted at: 11:51 am
Karthik,
I am holding Andhra Bank 500@ 118, should I book profit @CMP or hold till book closure for dividend