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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. CB Says:
    May 5th, 2010
    Posted at: 8:52 am

    Hi stalin, yes, may open 2-3% lower

    Hi Thomas, no, not yet

    Hi jame, no, seems will open gap down.


  2. manmin Says:
    May 5th, 2010
    Posted at: 8:52 am

    hi cb , is the european crisis too concerning for india ?


  3. baranips Says:
    May 5th, 2010
    Posted at: 8:52 am

    thanks a lot sir


  4. CB Says:
    May 5th, 2010
    Posted at: 8:52 am

    Hi manmin, yes.. will effect global markets.

    Hi baranips, most welcome.


  5. DS Says:
    May 5th, 2010
    Posted at: 8:54 am

    Dear CB,

    Shd i sell off my entire portfolio and buy at lower levels....does it look like one of those days when markets will fall by say 500-600 pts?


  6. vimu Says:
    May 5th, 2010
    Posted at: 8:55 am

    Hi CB...nowadays why no calls are posted under investment idea tab


  7. CB Says:
    May 5th, 2010
    Posted at: 8:56 am

    Hi DS, no. for now hold onto your stocks.

    Hi vimu, yes, shall post a new one once sel man adds 50%


  8. manmin Says:
    May 5th, 2010
    Posted at: 8:56 am

    hi cb , which sector will bouce back faster after the european crisis ?


  9. MD Says:
    May 5th, 2010
    Posted at: 8:56 am

    hi cb

    i am holding herohoda fut @ 1908
    nagarjuna construction fut @ 184
    sesa goa @ 394

    pl advice


  10. Shah Viral Says:
    May 5th, 2010
    Posted at: 8:56 am

    Hello sir,
    Good Mornig...
    i baught DLF@313 RIIL @840 and aia@420
    Comment Please sir..

    Thanks,


  11. bonzer Says:
    May 5th, 2010
    Posted at: 8:56 am

    can i buy nifty at 5070


  12. CB Says:
    May 5th, 2010
    Posted at: 8:57 am

    Hi manmin, no, cannot really be sure

    Hi MD, they are a hold for now. some bounce is likely soon

    Hi Shah Viral, Good morning. hold them for a weeks time.

    Hi bonzer, yes.


  13. manmin Says:
    May 5th, 2010
    Posted at: 8:57 am

    hi cb , which sector will bouce back faster after the european crisis is over ?


  14. JASEEM Says:
    May 5th, 2010
    Posted at: 8:58 am

    HI CB HAS TORRENT POWER RESULT CAME. I AM HOLDING 100 NOS @ 300 . SHOULD I SELL ON OPENING AND AT WHAT PRICE


  15. Shanthi Says:
    May 5th, 2010
    Posted at: 8:58 am

    Hi CB, can i short MARUTI for intra day ?


  16. S.MAHESH Says:
    May 5th, 2010
    Posted at: 8:58 am

    GM
    Gap down oping expected, avoid early trades.

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