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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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CB Says:
May 5th, 2010
Posted at: 2:20 pm
Hi Jv, around 690
Hi cool duchess, in small quantity
Hi Akash, can see 179
Hi Alps, they are a hold. keep them for couple of weeks.
khan Says:
May 5th, 2010
Posted at: 2:22 pm
Hi CB,
Can i buy DCB in thi lavel?
CB Says:
May 5th, 2010
Posted at: 2:22 pm
Hi khan, no, wait for some dip
KK Says:
May 5th, 2010
Posted at: 2:23 pm
hi...CB/Kartik....seems my query is lost in between.....how does Birla power solutions looks as a long term investment, and what would be your call on anik industries
LEO Says:
May 5th, 2010
Posted at: 2:23 pm
Welcome Cb ..........
Akash Says:
May 5th, 2010
Posted at: 2:23 pm
Hi CB, MSK Project, Bombay Dyeing oth are down. Can we buy any of them for 1 week hold after selling Indiabulls (if it crosses 156 again).
raj Says:
May 5th, 2010
Posted at: 2:24 pm
short ihave sold bajaj auto @ 2055 1 lot pl advise
Chandrika Says:
May 5th, 2010
Posted at: 2:24 pm
HI CB
LITL is not moving. It is @59.55. Is there any weak ness in this script. Beacuse iam holding 5000 shares @62. Pls suggest
rsk Says:
May 5th, 2010
Posted at: 2:24 pm
hi cb.. bought JSW STEEL 120 @ 1142 in intraday.. whats target and stoploss? can i hold?
sr Says:
May 5th, 2010
Posted at: 2:25 pm
CB, I hv LnT n Union Bank shorts. Shall I carry them for tomorrow or book today?
CB Says:
May 5th, 2010
Posted at: 2:25 pm
Hi KK, birla is a good bet for long term.can see 7-8.. anik is seeing some buying interest lately. can head upto 88
Hi Akash, no, dont enter them yet
Hi raj, hold it for now. can see 2030
Janvi Says:
May 5th, 2010
Posted at: 2:25 pm
Hello .....sir wht market seems to be 2mrw...safe to buy jp asso @ cmp.?
Akash Says:
May 5th, 2010
Posted at: 2:25 pm
Hi CB, Kemrock Ind is 75 Rs. down. Is it good to buy at this level for target 750+ in a week?
CB Says:
May 5th, 2010
Posted at: 2:26 pm
Hi Chandrika, hold it for some time. will recover
Hi rsk, can see 1164.sl 1148
Hi sr, book profits today
Hi Janvi, yes, enter in small quantity.may open flat.
CB Says:
May 5th, 2010
Posted at: 2:26 pm
Hi Akash, no, not yet
CB Says:
May 5th, 2010
Posted at: 2:26 pm
ill be back in some time