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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: 27 28 293031 32 33 34 35 Show all

CB Says:
May 5th, 2010
Posted at: 1:55 pm
Hi sr, as of now one can enter in small quantity
LEO Says:
May 5th, 2010
Posted at: 1:55 pm
Ok cb............
What is the drama between Ambani brothers ....................
Any Correction will happens Between their companies . Provide me ur views......
amit Says:
May 5th, 2010
Posted at: 1:56 pm
is it safe to take nifty fut of june expiry
CB Says:
May 5th, 2010
Posted at: 1:56 pm
Hi LEO, if rnrl wins the case then reliance could put some pressure on the nifty
CB Says:
May 5th, 2010
Posted at: 1:57 pm
Hi amit, yes
Kb Says:
May 5th, 2010
Posted at: 1:57 pm
US Stock index futures point to mixed open
Gitanjali Says:
May 5th, 2010
Posted at: 1:57 pm
Hi CB, ... Thanks a lot.. shall hold on..
Yes ...It does move up/down along with nifty... Let's see ..If it breaks support of 128 I shall ask u again and exit..Thanks
LEO Says:
May 5th, 2010
Posted at: 1:58 pm
Ok Cb ...............
Then Holding of Anil's Stock is good rather than Mukesh's.............
CB Says:
May 5th, 2010
Posted at: 1:59 pm
Hi Hi Gitanjali, ok..
Hi LEO, no, both are risky. rnrl will also see quite a lot of selling pressure if it losses.but wont have an effect on nifty
vikas Says:
May 5th, 2010
Posted at: 2:00 pm
JP associates has been awarded high risk category, though all major funds have invested in huge amounts. Can i continue to keep adding on dips with a long horizon of five years target. Will it pay good? Last time i had invested in Bank of India as per your suggestions adn continuing to hold on that.
Kb Says:
May 5th, 2010
Posted at: 2:00 pm
BMW Swings To Profit; Expects Further Growth
" We expect that earnings will grow dynamically over the course of the year," BMW Chief Executive Norbert Reithofer said in a statement.
hilay Says:
May 5th, 2010
Posted at: 2:02 pm
Hi CB, I am not able to see the chart of FARMAX in your site... Can you please check????
vikas Says:
May 5th, 2010
Posted at: 2:02 pm
and which one is better for longer term perspective, Reliance power or Suzlon in your opinion?
LEO Says:
May 5th, 2010
Posted at: 2:02 pm
Ok Cb ...................
Thanks.......
If The Case favours One side .. the other side - Sisters concern will get affected or not....
thanks in advance
CB Says:
May 5th, 2010
Posted at: 2:02 pm
Hi vikas, yes, its a strong company fundamentally. will do well in long term
DS Says:
May 5th, 2010
Posted at: 2:03 pm
hi CB...what about zandu realty....i have 20 share @ 4500.....pls suggest...????