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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. chandresh Says:
    May 5th, 2010
    Posted at: 5:44 pm

    hi sir
    i bought jp associates @161 & videocon @ 245.what to do now? should i average it? please suggst.


  2. chandresh Says:
    May 5th, 2010
    Posted at: 5:46 pm

    hi kartik what is short trm target of nifty ?


  3. kawal Says:
    May 5th, 2010
    Posted at: 5:56 pm

    sir g whare can i find stock of the monthe or stock of the week


  4. kawal Says:
    May 5th, 2010
    Posted at: 5:58 pm

    any body tell me plese


  5. ganesh Says:
    May 5th, 2010
    Posted at: 6:00 pm

    Hi CB/Karthik,

    What is the trend now. Shall we enter short tomorrow 5102.


  6. swarna kamal Says:
    May 5th, 2010
    Posted at: 6:06 pm

    can anyone tell wht's happening with Spice mobile. 2 Consecutive day it is hitting lower circuit


  7. suzane Says:
    May 5th, 2010
    Posted at: 6:12 pm

    Hi CB, Hi Kartik, the way base metal is fallinf down .. do u think it will let US market down and thus our indian market ... Whats the reason its going down and down ... I am holding Nickel since 1068 and copper since 313.5 ... But its simply moving down ...
    how much chances for US to open and trade positive ??


  8. S.MAHESH Says:
    May 5th, 2010
    Posted at: 6:18 pm

    Good Evening


  9. S.MAHESH Says:
    May 5th, 2010
    Posted at: 6:25 pm

    RSI was 89/61


  10. S.MAHESH Says:
    May 5th, 2010
    Posted at: 6:28 pm

    Hi kawal,
    buy in small qty PHILIPCARB, also be ready to buy the if it falls, company had declared very excellent result. will bounce back fast.


  11. pyaretaj Says:
    May 5th, 2010
    Posted at: 7:03 pm

    Can I invest in Crompton Greaves at CMP? Kindly advise. Thanks...Taj.


  12. Shipra Says:
    May 5th, 2010
    Posted at: 7:04 pm

    Hi S. Mahesh, good evening :)
    at what price should i enter to PHILIPCARB and what target is expected from it be next week?


  13. vk Says:
    May 5th, 2010
    Posted at: 7:08 pm

    hi cb/kartik

    i have suzlon one lot @ 68.5 wat to do?
    wat is the exit level and time please advice


  14. ramsingh Says:
    May 5th, 2010
    Posted at: 7:09 pm

    Hai Kartik!
    What is the support level for Kohinoor Broadcasting and what is the target price.Please suggest.


  15. nitin badola Says:
    May 5th, 2010
    Posted at: 7:19 pm

    hi kartik have the worst over or is it above to arrive? is there any positional stock at present that can be bought for longs to hedge the losses? pls tell what will be the market tomorrow?


  16. Krishna Says:
    May 5th, 2010
    Posted at: 7:20 pm

    thx CB for suggesting Renuka.....I am still holding it ....hope this turns positive tmrw..to exit....

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