Intraday calls for 06-05-11

Quotes with Resistance & Support

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Intraday calls for 06-05-11

Posted on: May 6th, 2011 at 8:22 am

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Markets likely to open flat, support for Nifty is at 5380-5400

Buy Patni computer on dips

3.08pm – buy hdil in small quantity at 142.20, target: 148. Stoploss: 138.50 (1-2 days hold)

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513 Responses

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Vivek Shah Says:
May 6th, 2011
Posted at: 9:51 am
Hi tejas gupta, I would better wait until 5500 or 5495 to breach
Mahender Says:
May 6th, 2011
Posted at: 9:53 am
Hello Sir,
Whats Wrong with ADSL? it is down 10% today.
Please advice
Vivek Shah Says:
May 6th, 2011
Posted at: 9:54 am
Hi Das, not right time to buy it yer....Hi tejas gupta, yes seeing market it may happen but lets see...
tejas gupta Says:
May 6th, 2011
Posted at: 9:54 am
5380 COULD BE A TREND DECIDER THIS TIME AND IF NIFTY DOSEN'T HOLD EVEN 5380 THEN THERE COULD BE SOMETHING MORE THEN CORRECTION.
OVER ALL MEDIUM TO LONG TERM TREND OF NIFTY IS BULLISH AND IT WILL REMAIN UP TILL NIFTY TRADING ABOVE 5380 AND NIFTY EVEN CAN HIT MAGICAL LEVEL OF 7000++ IN COMING MONTH, OFCOURSE ZIG-ZAG MOVE WILL BE ALWAYS THERE,
POSITIONAL TRADERS ACCUMULATE GOOD STOCKS IN DIP FOR MEDIUM TO LONG TERM. FOLLOW STRICT LEVELS AND ENJOYYY
Das Says:
May 6th, 2011
Posted at: 9:55 am
hi vivek. do you think wise to buy 5500 PE?
tejas gupta Says:
May 6th, 2011
Posted at: 9:56 am
Hi Vivek Shah, oh its your view dear .. hehehe .. POSITIONALLY BUY NIFTY AND GOOD STOCKS NEAR 5380-5400 WITH SL OF 5380 ON CLOSING BASIS FOR STRONG UPSIDE.
irshu Says:
May 6th, 2011
Posted at: 9:57 am
hi i have jyothi [email protected] down.pls advise me.today target?
tejas gupta Says:
May 6th, 2011
Posted at: 9:57 am
POSITIONALLY BUY NIFTY AND GOOD STOCKS NEAR 5380-5400 WITH SL OF 5380 ON CLOSING BASIS FOR STRONG UPSIDE.
SHORT NIFTY CMP 5505-5510 KEEP SL @ 5530 TGT of 30 points
SHORT DCHL FUT CMP 77-77.25 KEEP STRICT SL @ 78.50 TGT 72
Vivek Shah Says:
May 6th, 2011
Posted at: 9:59 am
Hi Das, I am currently not trading in new position as i am transferring my broker due to high charges adding more losses :(
Hi tejas gupta, I never said market will back to its glory soon, but looking at current style its better to watch for some time... Market always never work on technical else those supports should have sustained....:p
Ary Says:
May 6th, 2011
Posted at: 10:00 am
Hi tejas gupta, SL triggered...now what?
Vivek Shah Says:
May 6th, 2011
Posted at: 10:00 am
Hi tejas gupta, now lets see if it able to break 5550, difficult but impossible...
K K Says:
May 6th, 2011
Posted at: 10:01 am
Hi tejas gupta,
Took Nifty 5400 Put @ 50
tejas gupta Says:
May 6th, 2011
Posted at: 10:03 am
Hi K K, ok, hold it as of now
tejas gupta Says:
May 6th, 2011
Posted at: 10:05 am
Hi Ary, hold for 1-2 days
tejas gupta Says:
May 6th, 2011
Posted at: 10:06 am
Hi Vivek Shah, ya lets see , after all market behavior is very difficult .. hehe ...
Vivek Shah Says:
May 6th, 2011
Posted at: 10:10 am
5520 reversed Hi tejas gupta, Just pray market move up, atleast some loss of previous days will be recovered :)