Intraday calls for 05-05-11

Quotes with Resistance & Support

Market Information

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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CB Says:
May 5th, 2011
Posted at: 4:18 pm
Hi richa, yes, quite a bit of negative news flow. next strong support comes in around 5350-5400 levels. if we break this, we could enter a downtrend
gaps Says:
May 5th, 2011
Posted at: 4:24 pm
hi cb, It seems there was a rumour that one of the prominent politician is to be chargesheeted in the report by CBI.
dhiva Says:
May 5th, 2011
Posted at: 4:45 pm
hi cb,
which sector is weak? & stock for short sell? pls suggest
CB Says:
May 5th, 2011
Posted at: 4:46 pm
Hi gaps, oh ok.
CB Says:
May 5th, 2011
Posted at: 4:47 pm
Hi dhiva, as of now no short call. markets have already corrected quite a bit. need to wait for some bounce to go short again
dhiva Says:
May 5th, 2011
Posted at: 4:47 pm
hi cb, thanks a lot
suzane Says:
May 5th, 2011
Posted at: 5:04 pm
Hi CB, any symbol of recovery in sriram trans fin ?? Is it an oversold stock ?
sourabh Says:
May 5th, 2011
Posted at: 5:11 pm
sir muthoot finance kitne Percent upper khul sakta hai.......
CB Says:
May 5th, 2011
Posted at: 5:15 pm
Hi dhiva, most welcome
Hi suzane, it is oversold but if nifty continues to remain this way, it may take some time to recover. for now at least exit 50%
Hi sourabh, around 15%
sourabh Says:
May 5th, 2011
Posted at: 5:16 pm
can hold or exit...
Lalith Says:
May 5th, 2011
Posted at: 5:17 pm
what is the ex-dividend date for denora
yogesh Says:
May 5th, 2011
Posted at: 5:17 pm
Hi CB,
yogesh Says:
May 5th, 2011
Posted at: 5:20 pm
Any script for short term ??
suzane Says:
May 5th, 2011
Posted at: 5:25 pm
Hi CB, is downside risky or its limited in it ?? Am worried as huge loss in intraday with it and looking at it movement of last 5-7 days am much more worried if it continiously keep falling :((
CB Says:
May 5th, 2011
Posted at: 5:54 pm
Hi sourabh, its a hold for now
Hi Lalith, no, not sure about it
Hi yogesh, buy some of apollo tyres
Hi suzane, yes, for now exit 50% add them back in coming days if dips by another 50-60rs
Hi binga, thanks.
Rise Says:
May 5th, 2011
Posted at: 6:47 pm
sir m holding hero honda at 1745 ....is there any chance for hero honda to reach 1900 ?