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Intraday calls for 05-05-10

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

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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Comment pages: 212223242526272829Show all

  1. nitin Says:
    May 5th, 2010
    Posted at: 12:34 pm

    kartik pls give me target for gujarat alkali 2 months from now… pls
    third time asking dude


  2. Ravi Says:
    May 5th, 2010
    Posted at: 12:34 pm

    Hi Kartik has the market started recovering? Can I buy any nifty call


  3. rsk Says:
    May 5th, 2010
    Posted at: 12:35 pm

    hi cb.. can i book profit in renuka.. bought 1500 intraday @ 56.25.. now 57.50...


  4. Ravi Says:
    May 5th, 2010
    Posted at: 12:36 pm

    I have taken Octant Interactive Technologies Ltd., at 16, can i hold for long term what is the target price can i see in 1 to 2 years


  5. KK Says:
    May 5th, 2010
    Posted at: 12:37 pm

    hi CB...bought 800 bajajhind when it was on its peak..@238, should i average, or book loss


  6. Gopal Says:
    May 5th, 2010
    Posted at: 12:38 pm

    Hi Karthik

    I bought tatasteel 657/- now 672/- can i book profit


  7. Kartik Says:
    May 5th, 2010
    Posted at: 12:39 pm

    Hi Prashanth, wait for some time

    Hi rsk, hold it for a target of 58-59

    Hi Ravi, yes, hold Octant Intera for Long term, it can do well

    Hi KK, hold it for some more time, as of now


  8. skmishra Says:
    May 5th, 2010
    Posted at: 12:40 pm

    Hi Kartik,
    I see this upmove as a bounce, which may finish at this level. Can I short nifty for a target of 5050>5000 at this point. Please correct me and guide if I should for some more time for confirmation. Thanks


  9. CHAUKHUTIA_ALMORA Says:
    May 5th, 2010
    Posted at: 12:40 pm

    Hi kartik can i buy 5500 call


  10. kavita Says:
    May 5th, 2010
    Posted at: 12:41 pm

    HI KARTIK,
    if european market opens in red can suzlon touch 68.


  11. CBT Says:
    May 5th, 2010
    Posted at: 12:41 pm

    hi cb kartik

    i have 400 ashok leyland @ 60 when should i book profits in the same


  12. Chandrika Says:
    May 5th, 2010
    Posted at: 12:42 pm

    HI CB

    What is the target of lilt today?


  13. madhu Says:
    May 5th, 2010
    Posted at: 12:42 pm

    Hi Kartik, can v buy renuka for intra in dis level?


  14. DS Says:
    May 5th, 2010
    Posted at: 12:43 pm

    Dear Kartik,

    Can one enter into any of the recommended penny stocks before the big fall in Late May--early June?


  15. Kartik Says:
    May 5th, 2010
    Posted at: 12:44 pm

    Hi madhu, you may enter it for 2-3 days time as of now

    Hi Chandrika, it can see 61, if markets see some recovery


  16. Kartik Says:
    May 5th, 2010
    Posted at: 12:45 pm

    Hi DS, you may enter them for 1-2 years time, they are likely to perform well

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