Quotes with Resistance & Support
Market Information

Intraday calls for 09-05-11

Posted on: May 9th, 2011 at 8:22 am

Markets likely to open a bit higher. Support for nifty is at 5490 and resistance at 5620.

Buy Delta Corp Ltd at 82.95, target: 86. Stoploss: 80.50

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406 Responses

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  1. Kartik Says:
    May 9th, 2011
    Posted at: 1:37 pm

    Hi Akash, it could add another 50-60%

    Hi Vivek Shah, 5530 if long


  2. Ani Says:
    May 9th, 2011
    Posted at: 1:38 pm

    ok sir. thank u. Also tell me about Manappuram - even though it is a bonus
    candidate, stock in reverse. Any specific reason?


  3. GODSE Says:
    May 9th, 2011
    Posted at: 1:39 pm

    Hi Romit, need months time to recover ,it's opperator driven stock


  4. raj gupta Says:
    May 9th, 2011
    Posted at: 1:41 pm

    Sir should i buy 5600 or 5700 call now ? or if market can fall so would be better to buy 5500 put ? Please suggest sir ..


  5. Divyesh Says:
    May 9th, 2011
    Posted at: 1:42 pm

    Hi Karthik, how did u see the optocircuit can i hold or exit now at cost to cost


  6. Kartik Says:
    May 9th, 2011
    Posted at: 1:42 pm

    Hi Ani, it has rallied quite a lot in a years time, it seeing some profit booking

    Hi Ary, hold both of them for some more time

    Hi arun bj, GA, above 180 it looks good, continue to hold it


  7. Kartik Says:
    May 9th, 2011
    Posted at: 1:42 pm

    Hi Akash, Spice can see around 160 in a years time


  8. Ary Says:
    May 9th, 2011
    Posted at: 1:42 pm

    Hehe...Thanks!


  9. Bharath Says:
    May 9th, 2011
    Posted at: 1:43 pm

    Can Delta Corp see 86 today?


  10. Vivek Shah Says:
    May 9th, 2011
    Posted at: 1:43 pm

    sold 1 lot of minifty @ 5566 and holding other one for 5620, will buy on decline...


  11. Romit Says:
    May 9th, 2011
    Posted at: 1:44 pm

    Hi GODSE/CB/KB/Kartik Sir,

    Bought Tech mahindra @ 737.. now at 668..

    wat should be done with this share...


  12. Ary Says:
    May 9th, 2011
    Posted at: 1:46 pm

    Why I am bothering by asking is for the reason that you mentioned a hold for 1-2 days and 5620 as the resistance but I do not know how the market will react before climbing 5620 in 2 days' time.

    So atleast I cud book profit here and then reenter at lower levels for both the CE & PE


  13. Ani Says:
    May 9th, 2011
    Posted at: 1:46 pm

    ok thanks kartik. Any chance of recovery in the near term for Manapppppuram?


  14. GODSE Says:
    May 9th, 2011
    Posted at: 1:47 pm

    Hi Romit, hold


  15. arun bj Says:
    May 9th, 2011
    Posted at: 1:48 pm

    ok kartik .i ll keep stopploss sintex at 180 ... jain irregation looks good can i enter at cmp


  16. shiva Says:
    May 9th, 2011
    Posted at: 1:49 pm

    can i buy suraj diamond?

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