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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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Comment pages: 26 27 282930 31 32 33 34 Show all

Gitanjali Says:
May 5th, 2010
Posted at: 1:47 pm
Hi CB, OK.. U r right.. And how much lower can it go ... say tomorrow ..to funds handy in advance today ...sorry to bother u so ..
Anurag Says:
May 5th, 2010
Posted at: 1:47 pm
Hi CB.. How do you see NIFTY now after Europe opening? any up or down?
CB Says:
May 5th, 2010
Posted at: 1:47 pm
Hi Chandrika, most welcome. litl can see 68
Hi swamy, yes, not really sure of any news on it. book partial for now..
Hi joseph, yes. hold onto it.
Karan Says:
May 5th, 2010
Posted at: 1:47 pm
Can i buy L&T and Sterlite Industries at CMP for long term. Please tell support and resistance.
amit Says:
May 5th, 2010
Posted at: 1:48 pm
can i buy nifty future
dd Says:
May 5th, 2010
Posted at: 1:48 pm
Hi CB, It seems we may close below 5100, so is it advisable to enter in put?
Akash Says:
May 5th, 2010
Posted at: 1:49 pm
Hi CB, INDIABULLS is slightly up today. Trading at 151-152. Can we expect big jump in today's trade? Or I shud try to exit above 155?
Kb Says:
May 5th, 2010
Posted at: 1:49 pm
Greeks to ramp up protests, euro hit by contagion fear. .
Oil falls towards $82 on high US stockpiles, firm dollar ..
LEO Says:
May 5th, 2010
Posted at: 1:50 pm
Hi Cb ...........
Any Good Sign Seen on Index .............
CB Says:
May 5th, 2010
Posted at: 1:50 pm
Hi sr, can see 63
Hi indian, enter in small quantity for now
Hi Kb, great!
Hi Gitanjali, it depends. being a market mover its a volatile stock. technically has some support near 130
Hi Anurag, may recover a bit
Hi Karan, yes, they are good long term bets
Hi amit, yes
Hi dd, no, dont enter a put yet
indian Says:
May 5th, 2010
Posted at: 1:51 pm
Hi CB, i have bought Nifty 5200 CE @ 62 shall i hold or book profit today, if market recovers.
nagesh Says:
May 5th, 2010
Posted at: 1:51 pm
Hi ,
I have sree renuka @74, can i average now?
CB Says:
May 5th, 2010
Posted at: 1:53 pm
Hi Akash, yes, hold it
Hi Kb, thanks
Hi LEO, not yet. but small recovery could come in
Hi indian, hold onto it
Hi nagesh, yes, avg it.
Bhaskar Says:
May 5th, 2010
Posted at: 1:53 pm
can i buy call 5300
CB Says:
May 5th, 2010
Posted at: 1:54 pm
Hi Bhaskar, no, dont enter 5300 call yet
Hi zaheer, can see some recovery
sr Says:
May 5th, 2010
Posted at: 1:55 pm
CB, can I enter Renuka now? Is there more downside?