Quotes with Resistance & Support
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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. namita Says:
    May 7th, 2010
    Posted at: 12:59 pm

    Hi Kartik, i am holding Ashok leyland @ 62,shall i wait or need to exit,any trgt price?p;. advice.


  2. dc Says:
    May 7th, 2010
    Posted at: 1:03 pm

    hi kartik,
    view on nifty in coming days?


  3. sach Says:
    May 7th, 2010
    Posted at: 1:04 pm

    Karthik / CB - Iholding 4900 Put@ 57 - What to do? Book profit today or hold for next week?


  4. Gitanjali Says:
    May 7th, 2010
    Posted at: 1:06 pm

    Hi Kartik, Is ChartNexus XPertTraderTM'...a paid version of chart nexus pl?
    Does chartnexus down load well regularly... I appear to have a problem....off and on....thanks.


  5. Bhaskar Says:
    May 7th, 2010
    Posted at: 1:08 pm

    I WANT TO WATCH NIFTY OPTION (CALL, PUT) PLEASE GIVE ME LINK.


  6. DS Says:
    May 7th, 2010
    Posted at: 1:12 pm

    Dear Bhaskar,

    Chk out nseindia.com


    Dear Gitanjali,

    My fears of a correction were quite valid.....bottom shd be around the 4900 mark by June End and shd touch around the 6000 mark by Year end


    Dear Tanu,

    Stock markets are only a reflector of the economy. Look around you. Job market is opening up, newer cars on the road, real estate prices still remain high....so dont worry its not a double dipped recession yet....the markets have shot up too fast....simple correction


  7. DS Says:
    May 7th, 2010
    Posted at: 1:14 pm

    Dear Gitanjali,

    What is your brokers' software? You may consider changing to RK global. They have the cheapest rates plus one can use ODIN for nominal charges.


  8. Ankur Says:
    May 7th, 2010
    Posted at: 1:20 pm

    Hi Kartik,

    How about Tata Motors at current level.

    Regards,
    Ankur


  9. MC Says:
    May 7th, 2010
    Posted at: 1:34 pm

    Dear DS,WHAT cud b the chrg for using odin at rkg


  10. Chandrika Says:
    May 7th, 2010
    Posted at: 1:36 pm

    HI All

    Can u expect more correction? Next week also ?


  11. Ankur Says:
    May 7th, 2010
    Posted at: 1:44 pm

    Hi MC,

    it is 330 per month.

    Regards,
    Ankur


  12. rsk Says:
    May 7th, 2010
    Posted at: 1:47 pm

    can i buy reliance 1060 call option?


  13. Akash Says:
    May 7th, 2010
    Posted at: 1:49 pm

    Hi Kartik / CB, Can I buy TATA STEEL or ZYLOG SYstems in intraday? What cud be the target? How about FACT as intraday also?


  14. shiva Says:
    May 7th, 2010
    Posted at: 1:51 pm

    i hv bot suzlon @ 68.2 today...intraday target?? what to do?


  15. MC Says:
    May 7th, 2010
    Posted at: 1:58 pm

    Thanks Ankur.


  16. Shads Says:
    May 7th, 2010
    Posted at: 2:01 pm

    CB, I am still waiting to average RIL stock and its CALL. Where do you think RIL would head from here? Shall I average RIL now?

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