Quotes with Resistance & Support
Market Information

Intraday calls for 07-05-10

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

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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  1. adm Says:
    May 7th, 2010
    Posted at: 12:11 pm

    sir, it is wise now to buy rnrl now at 51


  2. Manish Says:
    May 7th, 2010
    Posted at: 12:11 pm

    rnrl can easily go to 40 levsls or below 40 also ?


  3. CBT Says:
    May 7th, 2010
    Posted at: 12:13 pm

    can i short rnrl at these levels


  4. Pintu Says:
    May 7th, 2010
    Posted at: 12:13 pm

    volume has increased in buy side for rnrl.. it might recover from here ON... try holding rnrl in small quantities... for intraday


  5. MC Says:
    May 7th, 2010
    Posted at: 12:14 pm

    Hi,Sanchita, NOIDA CAN BE BOT BELOW 30.WATCH NIFTY 4950 LEVEL,BUY NOIDA AT NIFTY 4950-4960 LEVEL


  6. Shads Says:
    May 7th, 2010
    Posted at: 12:14 pm

    CB,

    YOU MISSED MY QUERY.

    Tata Motors and SBI ahs come quite a bit. Do you think I can enter now?
    ALSO, can i avg sesagoa, bharati shipyard,ttk prestige and ril?


  7. dd Says:
    May 7th, 2010
    Posted at: 12:14 pm

    Hi CB, NIFTY below 5000, Whether it fall further?


  8. Kartik Says:
    May 7th, 2010
    Posted at: 12:15 pm

    Hi Bhushan, its come down a lot, hold it for Short term, if possible

    Hi kawal, hold it for some more time


  9. sr Says:
    May 7th, 2010
    Posted at: 12:15 pm

    Kartik, Renuka @ 55.15. Hold or book loss?


  10. suresh Says:
    May 7th, 2010
    Posted at: 12:16 pm

    hi CB,

    what will be next supporting level for nifty


  11. Kartik Says:
    May 7th, 2010
    Posted at: 12:17 pm

    Hi Manish, not really, it might take a pause around 48-50

    Hi Shads, dont enter Tata motors and SBI yet, wait for some time for Markets to settle, dont avg your stocks yet

    Hi CBT, dont go short on it yet

    Hi adm, no, dont enter it yet

    Hi sanchita, its likely to pause at current levels, dont go short on it yet


  12. Don Says:
    May 7th, 2010
    Posted at: 12:17 pm

    Hi Karthik,

    Can I go ahead and enter RNRL at currentlevels for 15 days


  13. dc Says:
    May 7th, 2010
    Posted at: 12:17 pm

    hi cb ,
    i have one lot of relcapital at 752/- shall i book loss or wait?


  14. Ravi Says:
    May 7th, 2010
    Posted at: 12:17 pm

    is it the right time to buy rnrl at this price or to wait some more days, at what price we can buy please suggest


  15. CBT Says:
    May 7th, 2010
    Posted at: 12:17 pm

    can we short nifty now


  16. samma Says:
    May 7th, 2010
    Posted at: 12:17 pm

    hi
    karik
    pls suggest me
    punj lyod i have 50share of 168 now dwon 148 around what i do ?
    also buy RNRL for 15 days...

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