Intraday tips for 6th May Intraday calls NSE BSE

Quotes with Resistance & Support

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Intraday calls for 06-05-09

Posted on: May 6th, 2009 at 9:23 am

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Buy Reliance Power at 135.50, target: 140. Stoploss: 133
Buy Bharat Electronics above 1000, target: 1030. Stoploss: 990 (Please buy only above 1000)

If markets show weakness later during the day, short sell: Reliance Industries.

Please trade in small quantity as markets are likley to be volatile.

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314 Responses

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ASHU Says:
May 6th, 2009
Posted at: 9:47 am
hi CB..
wat do u say about Godrej for intraday??
msz Says:
May 6th, 2009
Posted at: 9:47 am
what to say about RNRL ?HOLD OR SOLD,is there tgt is 70 ?
CB Says:
May 6th, 2009
Posted at: 9:48 am
Hi vvdp, its a hold..it can touch 39
CB Says:
May 6th, 2009
Posted at: 9:48 am
Hi ASHU, not sure about it for intra
Hi msz, it has strong resistance at 65..once it crosses it, it can touch 72
kartik Says:
May 6th, 2009
Posted at: 9:49 am
cb...................goodmornin...............can we buy educomp,adsl,mercator lines,hanung toys and bartronics for short term?
manoj Says:
May 6th, 2009
Posted at: 9:49 am
should we buy reliance power immediately on opening or wait 15 minutes?
S.K. Says:
May 6th, 2009
Posted at: 9:50 am
r we in consolidating time or creating short positions, FII's continu buying wht suggests u.
Anjali Says:
May 6th, 2009
Posted at: 9:50 am
Goodmorning CB......
Srivathsan Says:
May 6th, 2009
Posted at: 9:50 am
Hi CB,
Your intraday call on RPower to buy at 135.50 and stop loss of 133. What should I do if it opens less than 133.
Thanks in advance for your advice.
CB Says:
May 6th, 2009
Posted at: 9:50 am
Hi kartik, Good morning.. Buy Mercator above 40.50.. others are not buys yet

Hi manoj, wait for couple of minutes.. if markets look good, buy it
Geetha Says:
May 6th, 2009
Posted at: 9:51 am
what about the stock ntpc and powergrid
CB Says:
May 6th, 2009
Posted at: 9:52 am
Hi S.K., We are likley to consolidate between 3550-3650 for some time before moving higher..
Hi Anjali, Good morning..
Hi Srivathsan, if opens at 133 wait for some time.if it recovers buy around 134
Rejivs Says:
May 6th, 2009
Posted at: 9:52 am
Good morning CB, Request comments on Suzlon
CB Says:
May 6th, 2009
Posted at: 9:53 am
Hi Geetha, Power grid can touch 103 in short term. NTPC is trading in a range.. 180-210.its not a buy yet
CB Says:
May 6th, 2009
Posted at: 9:53 am
Hi Rejivs, Good morning.. It did give a breakout yesterday..if markets support it, it could move higher to 80 levels.
sndpsk Says:
May 6th, 2009
Posted at: 9:55 am
Good Morning CB and all, CB, so today we can play on Reliance power. right?