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. sr Says:
    May 7th, 2010
    Posted at: 3:07 pm

    CB, Ashok n Renuka still on targets?


  2. abc Says:
    May 7th, 2010
    Posted at: 3:10 pm

    Hi CB,

    Can I buy Neha International and Valecha Engineering


  3. Ravi Says:
    May 7th, 2010
    Posted at: 3:18 pm

    Can I buy rnrl at this rate or to wait for some more time and what is the position about avon corporation can i enter it now.


  4. vk Says:
    May 7th, 2010
    Posted at: 3:22 pm

    hi CB/Kartik

    I have one lot of India Cement @121 wat to do??
    hold or book loss... please suggest the exit value and time... please


  5. rsk Says:
    May 7th, 2010
    Posted at: 3:23 pm

    hi cb.. bought SBI 2200 PUT option @ 44.. whats the target and stoploss?


  6. vasanth Says:
    May 7th, 2010
    Posted at: 3:27 pm

    Hi Cb,

    Any call for next week


  7. rev Says:
    May 7th, 2010
    Posted at: 3:31 pm

    Sir, what about varun shipping. Shall i book loss.


  8. Krishna Says:
    May 7th, 2010
    Posted at: 3:38 pm

    CB..How is ARSSInfra for Monday? Bought 50 @1170....


  9. Akash Says:
    May 7th, 2010
    Posted at: 3:57 pm

    Hi CB / Kartik, How is Engineers India Limited around CMP. I saw its 52 weeks high is 2700+ and CMP is around 500 now. Can we expect 1000+ in 1-2 months? Today it was up by almost 65 Rs. but finally closed up 35 Rs. only....


  10. vishal Says:
    May 7th, 2010
    Posted at: 4:03 pm

    i m in big loss panoramic universal @250 1500 share


  11. nitin shah Says:
    May 7th, 2010
    Posted at: 4:17 pm

    cb sir bought jindal saw 5lots @222/-
    aban off shore 1 lot @1272/-
    sbi 1 lot @2305/-
    tata steel 2lots @ average 594/-
    educomp sol 4lots @average 705/-

    upto now there is a loss of 4.5lacs pls tell me what do to? now i dont have much fund to pump in. pls suggest your suggestions have always helped me in such time. thanks in advance


  12. Ravi Says:
    May 7th, 2010
    Posted at: 4:52 pm

    Can I buy rnrl at this rate or to wait for some more time and what is the position about avon corporation can i enter it now


  13. Kartik Says:
    May 7th, 2010
    Posted at: 5:29 pm

    Hi vishnuteerth, Spel Semiconductor Ltd shall do well in the Mid run, hold it for 5-6 months time, it can see 22+ levels

    Hi Gitanjali, its the Europe debt fear that has create panic among investors, mostly FII's. They have now started to exit from the their holdings as the position that the situation worsen. Technical Indicators often work in a settled Market

    Hi Dibyojyoti, it can see 185 levels in the coming week

    Hi Ram M, it had run up a lot in the past few days, and saw some profit booking today, dont enter it yet, enter it around 880 levels for Mid term

    Hi sr, yes, they can do well in the Short run

    Hi abc, dont enter them at CMP, wait for some more time

    Hi Ravi, since the case wasn't in it's(RNRL) favor, it would be better to wait for it to settle, dont enter it yet, dont enter Avon yet, wait for some more time

    Hi vk, if possible hold it for Short term, it can see 128+ levels

    Hi rsk, it can add another 10-15% next weak, if markets continue to trade weak, on the upside, keep a strict SL at 5050 on Nifty

    Hi vasanth, not yet

    Hi Krishna, it can add 1-2% if markets see some recovery on Monday

    Hi Akash, Engineer's India a good bet fundamentally, there's a stock split for it ahead, you may enter it in small quantity for Mid term as of now, it can do well

    Hi vishal, hold it for Short term, its a strong bet fundamentally for Short term investment

    Hi nitin shah, dont add more of them yet, since Global ques look weak, wait for the Markets to settle and hold them for some more time as a bounce is expected in the coming days


  14. Akash Says:
    May 7th, 2010
    Posted at: 5:32 pm

    Hi Kartik, Shud I sell INDIABULLS on Monday and buy Engineers India at any price. Or shud I buy FACT? Which can gimme 100% return in 1-2 months?


  15. dd Says:
    May 7th, 2010
    Posted at: 5:38 pm

    Hi CB, Whether we can see some bounce on monday?


  16. Kartik Says:
    May 7th, 2010
    Posted at: 5:45 pm

    Hi Akash, you may exit 50% from Indiabulls Financial Services Ltd and invest in Engineer's India for Short term, dont enter FACT yet, they can give you 40-50% returns in 4-5 months time

    Hi dd, yes, most likely

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