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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: 9:11 am
Hi kavita, yes, hold them for couple of weeks.
Hi Shads, no, not sure yet
Hi rsk, yes, book profit at cmp for now
Hi Geetha, no, not yet
Hi Shipra, yes. can see 58-59
Anurag Says:
May 5th, 2010
Posted at: 9:12 am
Thanks CB.. Shall I cover all my MiniNifty shorts here at CMP or wait for more downside?
shiva Says:
May 5th, 2010
Posted at: 9:13 am
what is perfect rate to buy shiva cemenT?
CB Says:
May 5th, 2010
Posted at: 9:13 am
Hi JASEEM, no, dont enter either of them yet
Hi shiva, lets wait for some time
Hi V D, hold it. will need to avg if nifty holds 5050
Hi Anurag, cover at cmp for now
CB Says:
May 5th, 2010
Posted at: 9:15 am
Hi shiva, enter above 9.50 or around 8
abhijith Says:
May 5th, 2010
Posted at: 9:15 am
Hiii CB. Pls suggest the intraday target for KEMROCK.
dd Says:
May 5th, 2010
Posted at: 9:15 am
Hi CB, Whether nifty had bottom out or we check 5050?
CB Says:
May 5th, 2010
Posted at: 9:15 am
Hi abhijith, may remain a bit weak today
Hi dd, maybe test 5050 once.
Anurag Says:
May 5th, 2010
Posted at: 9:15 am
Also shall I buy Balaji Tele at CMP for average
rsk Says:
May 5th, 2010
Posted at: 9:15 am
can i buy RENUKA or SESA GOA for intraday? i think both are oversold? right?
Vishal Sood Says:
May 5th, 2010
Posted at: 9:16 am
Hi CB
Please suggest a stock to buy for 5 days duration.
Shipra Says:
May 5th, 2010
Posted at: 9:16 am
Cb ...i have adlabs at 416...can i add few more to it at cmp or wait for more dips?
raj Says:
May 5th, 2010
Posted at: 9:16 am
Can i buy unitech one lot @ 78 for intraday??
CB Says:
May 5th, 2010
Posted at: 9:17 am
Hi Anurag, no, not yet
Hi rsk, buy renuka in small quantity
Hi Vishal Sood, as of now no new call.
Gitanjali Says:
May 5th, 2010
Posted at: 9:17 am
hi CB ,, I hold granules ,ashokley and indian hotls as well..do I add more at cmp pl?
sourabh Says:
May 5th, 2010
Posted at: 9:17 am
bought ib real 176.5 now 159...... what to do.......