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Intraday calls for 07-05-10

Posted on: May 7th, 2010 at 8:22 am

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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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747 Responses

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CB Says:
May 7th, 2010
Posted at: 8:36 am
Hi sk, its a hold for now
Hi vikas, no, as of now none.
ridam Says:
May 7th, 2010
Posted at: 8:37 am
ekc @ 136. what to do?
VBD Says:
May 7th, 2010
Posted at: 8:37 am
Hi CB
Shall I buy 5100/5200 nifty call option on dips, It may available at low premium and mkt may recover till expiery. at that time profits can booked. Is it worth thinking?
Shipra Says:
May 7th, 2010
Posted at: 8:38 am
Hi Cb…can i buy few bharati shipyard at cmp for 1 month..
also what target can be reached by IOC may futures plz?
sk Says:
May 7th, 2010
Posted at: 8:39 am
hi cb...wat is target for varun shipping....is it for short term investing??
CB Says:
May 7th, 2010
Posted at: 8:40 am
Hi ridam, hold it.looks strong.can see 145
Hi VBD, go with 5000 call on dips for now
hari Says:
May 7th, 2010
Posted at: 8:40 am
Hi CB,
Everywhere I hear news that global markets crashed. Even my broker has warned me on that. They advice to exit all the holdings. Is this something which has to be taken seriously?
CB Says:
May 7th, 2010
Posted at: 8:40 am
Hi sk, has good support at 48. if holds onto it, can see 54
CB Says:
May 7th, 2010
Posted at: 8:41 am
Hi hari, yes. if greece crisis spreads to other countries, then would be a concern for many economies.
vikas Says:
May 7th, 2010
Posted at: 8:41 am
How is Marico for long-term buy (at least 5 years). Can i enter it at current levels?
CB Says:
May 7th, 2010
Posted at: 8:42 am
Hi Gitanjali, ok.. add in small quantity for now.
jame Says:
May 7th, 2010
Posted at: 8:42 am
Thanks a lot CB.Looking forward for Varun Shipping.what is the intraday target for varun shipping?
CB Says:
May 7th, 2010
Posted at: 8:42 am
Hi vikas, yes, one can enter it. its a good bet
Hi jame, if holds onto 48 can see 50-50.50
sr Says:
May 7th, 2010
Posted at: 8:43 am
CB, Can I average Renuka at lower opening?
Shipra Says:
May 7th, 2010
Posted at: 8:44 am
Hi Cb…can i buy few bharati shipyard at cmp for 1 month or at what price?
also what target can be reached by IOC may futures plz?
CB Says:
May 7th, 2010
Posted at: 8:45 am
Hi sandeep, Good morning.hold onto both of them till noon. they will be volatile today
Hi sr, no, dont avg it
Hi Shipra, dont enter it yet. wait for some time. ioc can see 315.