Intraday calls for 07-05-10
Markets likely to see a gap down opening. Support for nifty is at 5025.
If markets show recovery later during the day, buy: Varun Shipping Company Ltd above 48 & Tata steel above 560
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CB Says:
May 9th, 2010
Posted at: 11:06 pm
Hi suzane, there was bailout news yesterday. hopefully should see some respite for now.. lets see how asian markets open tomorrow. nifty has good support near 4950
Shads Says:
May 9th, 2010
Posted at: 11:26 pm
Hi CB,
Whats tomorrow's target for Sesagoa and RIL?
By the expiry, where do you think NIFTY would close?
CB Says:
May 10th, 2010
Posted at: 12:00 am
Hi suzane, thats short term. hold it for med/long term. will see 150+
Hi Shads, not sure of nifty yet. has good support at 4950. could find some support there. sesa and ril may open flat tomorrow.
Shads Says:
May 10th, 2010
Posted at: 12:19 am
Hi CB,
one last question pls. Would you advise one to do arbitrage trading? Do you think one can make easy money by doing so?
CB Says:
May 10th, 2010
Posted at: 12:25 am
Hi Shads, yes, but not sure of any brokerage house which allows this type of trading.. Good night..
Anurag Says:
May 10th, 2010
Posted at: 12:31 am
HI CB... I heard that now Bank Nifty is also available in MINI format.. any idea?
hari Says:
May 10th, 2010
Posted at: 6:02 am
Hi CB,
I heard that if a stock hits triple top it will rise well. Similarly if a stock hits triple bottom what may be the case. Will it decrease steeply? Can u tell me whether i can enter varun shipping at cmp? Thanks
ARUP Says:
May 10th, 2010
Posted at: 7:38 am
good morning all.
CB Says:
May 10th, 2010
Posted at: 7:50 am
Hi Anurag, no, not sure of it yet
Hi hari, yes, it a stock breaks the tripe bottom support then it will see good downside. but if holds on the level then can see a good upmove
Hi ARUP, Good morning.
pankaj Says:
May 10th, 2010
Posted at: 7:51 am
hi kartik / cb, gm. what do u think nifty has made its low for the time being n gonna move up now for short term?? thanx.
CB Says:
May 10th, 2010
Posted at: 7:58 am
Hi pankaj, Good morning. yes, seems some upmove is likely in near term
jame Says:
May 10th, 2010
Posted at: 8:18 am
GM CB,
waiting for the intraday call.
rashid Says:
May 10th, 2010
Posted at: 8:20 am
if nifty opens 20-30 points up,,still can i take nifty fut
LEO Says:
May 10th, 2010
Posted at: 8:20 am
Hi Cb / Kartik.............
Good Morning .................
Any good news for RELINFRA ...............and Anil's Stocks
CB Says:
May 10th, 2010
Posted at: 8:24 am
Hi jame, Good morning. just posted them
Hi rashid, its likely to open 70-80 points higher.
Hi LEO, Good morning. they may remain a bit flat today.