Intraday calls for 05-05-11

Quotes with Resistance & Support

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Intraday calls for 05-05-11

Posted on: May 5th, 2011 at 8:27 am

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Markets likely to open flat, Support for Nifty at 5490

Buy ONGC on dips

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455 Responses

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tejas gupta Says:
May 5th, 2011
Posted at: 12:07 pm
Hi rani, lets wait for some time sins market is not moving ..
Hi Vijayk, lets hold as of now keep sl. near 5500 on nifty..
Hi avis, can add up to 5-10 %
Anita Says:
May 5th, 2011
Posted at: 12:09 pm
Hi CB sold ONGC futures yesterday @302. Pls advice stoploss as it is 314 at present. Also advice if I should hold this short or exit today.
Thanks
tejas gupta Says:
May 5th, 2011
Posted at: 12:12 pm
Hi anil, Looking weak, buy on dips lets wait
Hi Anita, may bounce from hear after book profits near 5480 on nifty and keep sl. near 5557 on nifty
Hi RAMKUMAR, Lets wait don buy nifty . buy it if manage to trade 5555 for ten minits
himanshu Says:
May 5th, 2011
Posted at: 12:12 pm
Dear Sir, In Oct 2010, I bought Ortin Laboratories @ approx 39. Since then, it has been constantly falling down. I need your advise, what do you think about mid term goals for this stock ? Should I hold them, average or book loss ?
manoj Says:
May 5th, 2011
Posted at: 12:22 pm
i have short nifty @ 5526 and bought 5800 call @ 24
kindly tell me the view of the mkt and shuld i do
Kartik Says:
May 5th, 2011
Posted at: 12:24 pm
Hi lakish, can see 62.40
Hi Salman Khan, these do look weak.
Hi Anita, for now hold onto it. if possible hedge with a 320 call
Hi himanshu, yes, continue to hold it. dont avg it yet. keep it for 2-3 months.
Kartik Says:
May 5th, 2011
Posted at: 12:24 pm
Hi manoj, ok. hold these for now. below 5550 nifty can test 5450
raj gupta Says:
May 5th, 2011
Posted at: 12:25 pm
Hi Tejas Bhai , i m holding 5900 CE at 93 rs in huge quantity , now trading at 10 rs , currently in very big loss. please suggest what should i do , should i exit with this huge loss or hold ? can it see my buying price within 1 week ...
airbites Says:
May 5th, 2011
Posted at: 12:25 pm
Hi manoj,
If future crosses 5550, book loss...
NNN Says:
May 5th, 2011
Posted at: 12:26 pm
i had shorted bharat rasayan at an average of 145.60, wat to do now???
SURESH Says:
May 5th, 2011
Posted at: 12:27 pm
hi kartik,whats tgt for HFCL,SHETRON and AQUA LOGISTICS today?
tuff money Says:
May 5th, 2011
Posted at: 12:27 pm
kartik, would you not expect a rally in nifty to touch short term moving averages before another fall... Also, europe sold off hard yesterday, im sure it will give a small bounce, atleast until india goes offline!?
anil Says:
May 5th, 2011
Posted at: 12:29 pm
Thank you very much tejas
Kartik Says:
May 5th, 2011
Posted at: 12:29 pm
Hi NNN, for now hold it. can see 145.50 again
Hi SURESH, seems these may remain a bit flat from here today
Hi tuff money, yes, possible see some short covering bounce in a day or 2.
Ani Says:
May 5th, 2011
Posted at: 12:31 pm
Hi kartik
What is your opinion about Skumars . Can I enter it for BTST .
Kartik Says:
May 5th, 2011
Posted at: 12:34 pm
Hi Ani, no, dont enter it yet. has resistance at 69-70