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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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  1. Gitanjali Says:
    May 5th, 2010
    Posted at: 1:24 pm

    Hi S.MAHESH, Jp associat is mentioned in the bearish stock list ...can u kindly tell me how much down further can it go ...I need to adjust funds ..thanks.


  2. vasanth Says:
    May 5th, 2010
    Posted at: 1:26 pm

    Hi Cb,

    Can i enter into uttam sugars At this point...


  3. madhu Says:
    May 5th, 2010
    Posted at: 1:27 pm

    Hi S.MAHESH, Hi i bot unitech 5000@ 77.5 for intraday... target n sl plz


  4. Kb Says:
    May 5th, 2010
    Posted at: 1:28 pm

    " Oil spill seen as energy opportunity for Obama "

    http://www.latimes.com/news/science/la-na-oil-spill-obama-20100505-45,0,7749230.story


  5. Jv Says:
    May 5th, 2010
    Posted at: 1:29 pm

    HAI KARTHICK,can i enter balaji teleflims at current levels,what tgt for shortterm


  6. swamy Says:
    May 5th, 2010
    Posted at: 1:31 pm

    sorry it is veritas


  7. S.MAHESH Says:
    May 5th, 2010
    Posted at: 1:32 pm

    2 day intraday targets meaningless for i expect down trend, hope i proves wrong.
    but in big down trend stock breaks many supports. this is time to accumulate fundamentally good scrips in small qty.
    unitech if breaks 76 then next support 72,68


  8. Ankur Says:
    May 5th, 2010
    Posted at: 1:33 pm

    Hi Karthik,

    Can i short Tata Motors at current levels for intra day.

    Regards,
    Ankur


  9. S.MAHESH Says:
    May 5th, 2010
    Posted at: 1:34 pm

    Hi Gitanjali,
    R: 145.383 , 150.667 , 155.950

    S: 136.683 , 133.267 , 127.983


  10. CB Says:
    May 5th, 2010
    Posted at: 1:34 pm

    sorry, was not online before'
    ,


  11. S.MAHESH Says:
    May 5th, 2010
    Posted at: 1:36 pm

    Hi swamy,
    VERITAS (INDIA) LTD - BSE Code : 512229 ??


  12. kavita Says:
    May 5th, 2010
    Posted at: 1:36 pm

    HI KARTIK,
    NOW FROM HERE SUZLON WILL REACH TO 68 PLEASE ADVICE


  13. swamy Says:
    May 5th, 2010
    Posted at: 1:37 pm

    yes


  14. Krishna Says:
    May 5th, 2010
    Posted at: 1:37 pm

    is market going to recover?


  15. CB Says:
    May 5th, 2010
    Posted at: 1:38 pm

    Hi kavita, if markets remain remain weak, it may remain near 66-67


  16. Manoj Says:
    May 5th, 2010
    Posted at: 1:38 pm

    now we can buy the HDIL & Bajajhind at what price??

    And what is the target for short term?

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