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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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rsk Says:
May 5th, 2010
Posted at: 3:15 pm
hi cb.. bought 5200 2 lot @ 67.50.. now 70.. can i hold tomo or exit? whats target? is NIFTY bounce expected tomorrow?
CB Says:
May 5th, 2010
Posted at: 3:15 pm
Hi Kb, thanks
Hi rsk, yes, hold it till tomorrow.
Janvi Says:
May 5th, 2010
Posted at: 3:16 pm
wht abt Appolo tyres for BTST.?
Kb Says:
May 5th, 2010
Posted at: 3:16 pm
Hi CB, thanks Cb...
It also shows huge volume & break out of chart trend line na ???
CB Says:
May 5th, 2010
Posted at: 3:17 pm
Hi Janvi, it can be bought in small quantities.
Ram M Says:
May 5th, 2010
Posted at: 3:17 pm
Hi Cb.. Cairn india BTST for target of 310.Plz advise
CB Says:
May 5th, 2010
Posted at: 3:17 pm
Hi Kb, yes.
CB Says:
May 5th, 2010
Posted at: 3:19 pm
Hi Ram M, no, dont enter it yet
Ramesh Says:
May 5th, 2010
Posted at: 3:19 pm
hi cb, i have bought CE 5400 @ 9.50. now it is Rs.13. should i hold for next 2 days or book profit.
manmin Says:
May 5th, 2010
Posted at: 3:19 pm
hi cb is today's candlestick in 3iinfotech a short term reversal pattern ?
CB Says:
May 5th, 2010
Posted at: 3:20 pm
Hi Ramesh, hold it till tomorrow.
CB Says:
May 5th, 2010
Posted at: 3:20 pm
Hi manmin, no.. seeing selling pressure due to market weakness. will recovery back
ANIL SAH Says:
May 5th, 2010
Posted at: 3:21 pm
HI CB, CAN I BUY HINDALCO 180 CALL AT CMP
Ravi Says:
May 5th, 2010
Posted at: 3:21 pm
Hi CB, 5100 put has come to 100. Plz suggest any sl or should I average now
CB Says:
May 5th, 2010
Posted at: 3:21 pm
Hi ANIL SAH, no, not yet
Hi Ravi, for now hold it. dont avg yet
Ram M Says:
May 5th, 2010
Posted at: 3:22 pm
btst FUTURE ANY? PLZ.....