Intraday calls for 05-05-11

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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

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455 Responses

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Ani Says:
May 5th, 2011
Posted at: 3:18 pm
ok thanks kartik. What happened to Manappuram. Even though it is a bonus
candidate,stock in negative zone why?
Also pl. tell me the target for dcb 2mrw since I would book loss n invest in
some good stock.
Kartik Says:
May 5th, 2011
Posted at: 3:18 pm
Hi Vivek Shah, can give a short short covering bounce, you may keep a trailing SL at 583
Hi DM, no, wait for Markets to settle for few days
Hi sekhar, most welcome
Vivek Shah Says:
May 5th, 2011
Posted at: 3:19 pm
close below 5450 will be deadly...
ANIL Says:
May 5th, 2011
Posted at: 3:19 pm
HI KARTIK CAN I BUY NIFTY 5500 CALL AT CMP
Kartik Says:
May 5th, 2011
Posted at: 3:19 pm
Hi Kumar, they look weak, can slip another 2-3% if Markets continue to trade weak
Hi Ani, Midcaps are seeing selling pressure today, DCB can re-test 62 tomororw if we recover
Kartik Says:
May 5th, 2011
Posted at: 3:20 pm
Hi ANIL, no
jit... Says:
May 5th, 2011
Posted at: 3:20 pm
another great news will be diese hike leading to inflation
CA.Tejas Says:
May 5th, 2011
Posted at: 3:20 pm
will mkt will go further down
Kartik Says:
May 5th, 2011
Posted at: 3:21 pm
Hi CA.Tejas, below 5450 we can see some more downside
Ani Says:
May 5th, 2011
Posted at: 3:21 pm
ok thanks kartik.
Kumar Says:
May 5th, 2011
Posted at: 3:23 pm
Nifity 5450 ... Now what
Shiv Says:
May 5th, 2011
Posted at: 3:23 pm
i'm not enjoing the free fall of nifty.. :(
Vivek Shah Says:
May 5th, 2011
Posted at: 3:23 pm
Hi Kb, yes 5200 cant be ruled out with scam driven government
Vivek Shah Says:
May 5th, 2011
Posted at: 3:24 pm
Hi jit..., actually gov. is short of funds for scam so they have safe option to increase the fuel price for another RAJA in the making
Kartik Says:
May 5th, 2011
Posted at: 3:25 pm
Hi raj gupta, keep SL's in Options, hold it, we can see a bounce from 5450
Vivek Shah Says:
May 5th, 2011
Posted at: 3:27 pm
Kartik, can infy see 3000 in the current series ??