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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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Kb Says:
May 7th, 2010
Posted at: 8:56 am
Cb, chart nexus not updating na. .. they told that, its server issue. .
Mac Says:
May 7th, 2010
Posted at: 8:56 am
Can I add IFCI and Pipavav Shipyard at lower levels... If not, plz adv ur strategy on these two..thanks...
DS Says:
May 7th, 2010
Posted at: 8:56 am
Dear CB,
One of those days wherein one shd sell off his entire portfolio and buy back at lower levels?Will the markets open 200 points or so down and close 600-700 points down?
RASHID Says:
May 7th, 2010
Posted at: 8:57 am
if nifty goes below 5000,today .should i exit nifty fut long
indian Says:
May 7th, 2010
Posted at: 8:57 am
cb, i'm very much scared abt todays global cues and rel judgement, in the worst case how much -ve impact will be there on jp
CB Says:
May 7th, 2010
Posted at: 8:57 am
Hi sk, yes, hold it
Hi Kb, Good morning
Hi manmin, not yet
Hi sr, not yet. looks weak
Hi vimu, dont go short at a gap down opening
Hi Jags, you will get it in couple of weeks after the split.
rsk Says:
May 7th, 2010
Posted at: 8:57 am
can i buy 5000 nifty put at opening...?
Jv Says:
May 7th, 2010
Posted at: 8:58 am
Hi CB, can i hold tatasteel,or exit,i had bought at 567rs.
Ram M Says:
May 7th, 2010
Posted at: 8:59 am
Hi CB... Very GM
Can Cairn may future be shorted for tgt of 280? Also giv ur Tgt & SL sir.
CB Says:
May 7th, 2010
Posted at: 8:59 am
Hi Kb, yes, only BSE is updated
Hi Mac, yes, they are looking good. one can add on dips
Hi DS, hmm. cannot really be sure. also come down quite a bit in few days
Hi RASHID, not yet
Hi indian, its likely to move with the markets. has strong support at 128-130
Hi rsk, not yet
Shereef Says:
May 7th, 2010
Posted at: 8:59 am
Good Morning CB,

Can I buy SAIL at low ?
Regards,
Shereef.
RASHID Says:
May 7th, 2010
Posted at: 9:00 am
can itake mini nifty on opening
CB Says:
May 7th, 2010
Posted at: 9:02 am
Hi Jv, yes, hold it
Hi Ram M, Good morning. no, not sure of shorting it around 280
Hi Shereef, Good morning. no, it looks weak
Hi RASHID, yes.
Ravi Says:
May 7th, 2010
Posted at: 9:02 am
Hi CB, Holding 5100 put at 135. Should I book profit or wait.
Also holding Andhra 140 call at 5.5. Should I exit or hold?
CB Says:
May 7th, 2010
Posted at: 9:03 am
Hi Ravi, yes, book profit for now. hold andhra call
Shads Says:
May 7th, 2010
Posted at: 9:04 am
TARGT FOR SESAGOA?