Quotes with Resistance & Support
Market Information

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. nitin badola Says:
    May 5th, 2010
    Posted at: 7:20 pm

    hi s mahesh what does the company do and what is its cmp


  2. S.MAHESH Says:
    May 5th, 2010
    Posted at: 7:25 pm

    Hi Shipra,
    It has closed at 208.05 a very crucial support, nifty trend not good, if it breaks 208 then
    it will have support at 192, but i will buy at 195. One must enter a scrip with readiness
    to buy at least 4 times at further fall, hence u decide about qty. one thing I assure you
    100% that no sooner market conditions improves it will bounce back very fast.


  3. S.MAHESH Says:
    May 5th, 2010
    Posted at: 7:28 pm

    Hi nitin badola,
    visit this link -

    http://www.pcblltd.com/


  4. S.MAHESH Says:
    May 5th, 2010
    Posted at: 7:41 pm

    I am closing now. BYE


  5. vishal Says:
    May 5th, 2010
    Posted at: 7:57 pm

    i got traped in panoramic universal@ 285 500 share it hav a gud news of bonus but going down nd down.can it go to my buy price.it has announce 5 share on every 1share


  6. ASMIT Says:
    May 5th, 2010
    Posted at: 8:16 pm

    HI KARTIK
    GOOD EVENING


  7. souvik Says:
    May 5th, 2010
    Posted at: 8:22 pm

    Good Evening Sir,

    What is your views on Shivam Autotech Ltd. What may be the target for 2 months wrt CMP.

    Regards,


  8. Kartik Says:
    May 5th, 2010
    Posted at: 8:32 pm

    Hi svk, ICSA can see 155 tomorrow, Ador weld and Tube can add 2-3% tomorrow if markets see some recovery

    Hi Anurag, most likely to trade flat

    Hi chandresh, dont avg them yet, hold them for Short term, they can do well, Nifty might face some consolidation at current levels

    Hi kawal, they are not recommendations, they are just displayed for Informational purpose

    Hi swarna kamal, it had run up a lot in the past few days, and is facing some profit booking as of now

    Hi suzane, its due to the increase in dollar price, Markets are likely to face some consolidation at current levels

    Hi S.MAHESH, good evening, thanks for the updates

    Hi pyaretaj, dont enter it yet, wait for some time

    Hi vk, hold it for a weeks time, it can see 72

    Hi ramsingh, Kohinoor Broadcasting Corporation Ltd is a weak bet fundamentally, try to exit it on any rise

    Hi nitin badola, dont enter anything yet, we are likely to face some consolidation at current levels for some time

    Hi Krishna, yes, it shall do well tomorrow, hold it

    Hi vishal, its going to have a stock split in the coming days, its a strong bet for Short term investment, hold it

    Hi ASMIT, Good evening

    Hi souvik, it can see 125-130 in 2 months time, try to exit it on any rise, as its average bet fundametally


  9. souvik Says:
    May 5th, 2010
    Posted at: 8:39 pm

    Thank you sir. What can be target of ASHOKLEY tomorrow.


  10. varun soni Says:
    May 5th, 2010
    Posted at: 8:42 pm

    havbought ril futures @1030..shud i hold or exit?


  11. Shads Says:
    May 5th, 2010
    Posted at: 8:42 pm

    HI KARTIK,

    WHERE WOULD NIFTY OPEN TOMORROW?
    CAN I AVERAGE RELIANCE, SESAGOA, BHARATI SHIPYARD & TTK PRESTIGE TOMORROW?


  12. Kartik Says:
    May 5th, 2010
    Posted at: 8:44 pm

    Hi souvik, most welcome, ASHOKLEY can see 64 tomorrow

    Hi varun soni, hold it with a SL at 5080 on Nifty

    Hi Shads, Nifty is likely to trade flat tomorrow, dont avg your stocks yet, wait for some more time


  13. Shads Says:
    May 5th, 2010
    Posted at: 8:45 pm

    Kartik, Where do you see Hyd Ind tomorrow?


  14. Pradeep Says:
    May 5th, 2010
    Posted at: 8:46 pm

    Hello,

    Hope ur fine. Is Forex trading allowed in India. CAn u throw some light. Wer can I get relevant details?


  15. Sri Says:
    May 5th, 2010
    Posted at: 8:50 pm

    Hi Kartik

    India Bulls Finance showed some great upmove, wats the target of that stock tom.


  16. Shads Says:
    May 5th, 2010
    Posted at: 8:51 pm

    Kartik,

    Sesagoa rallied a bit today from its low of 368 to close at 404. Do you think it will fall again in the coming session to touch 360 level or should I average it around 400 level tomorrow?

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