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Intraday calls for 12-05-10

Posted on: May 12th, 2010 at 8:22 am

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Markets likely to see a flat opening. Support for nifty is at 5070 and resistance at 5210.

Buy Elgi Equipments Ltd at 112.15, target: 117. Stoploss:109
Buy Tricom India Ltd at 20, target: 21.50. Stoploss: 19.20

2.37 pm – btst – buy Jubilant Organics at 363.80, target: 376. Stoploss: 355

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622 Responses

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indian Says:
May 12th, 2010
Posted at: 3:06 pm
Hi, i have TCS CA 820 bt at 2.7, i have invested 15% of my cap on this, please suggest me what to do.
CB Says:
May 12th, 2010
Posted at: 3:06 pm
Hi Shads, go with jindal saw
Hi VS, around 90. not sure of intraday as of now.
shiva Says:
May 12th, 2010
Posted at: 3:07 pm
why suzlon is not moving despite nifty is moving up....its at good support level too...
ARIJIT Says:
May 12th, 2010
Posted at: 3:07 pm
Hi CB,
THANKS, ITS AROUND 87.50, SHD I EXIT NOW OR HOLD TILL TOMORROW?
CB Says:
May 12th, 2010
Posted at: 3:08 pm
Hi shiva, looks good for short term
Hi indian, its looking a bit weak as of now. would advice to exit on rise around 775-780 for now
LP Says:
May 12th, 2010
Posted at: 3:08 pm
Hi CB,
ABB IS IN OVERSOLD ZONE.... can I buy at cmp
CB Says:
May 12th, 2010
Posted at: 3:08 pm
Hi shiva, no, not sure
Hi ARIJIT, hold it.
Shads Says:
May 12th, 2010
Posted at: 3:08 pm
ok CB, Pls tell me the strike price I should go for for Jindal saw?
jeetu Says:
May 12th, 2010
Posted at: 3:08 pm
thanks CB
CB Says:
May 12th, 2010
Posted at: 3:09 pm
Hi LP, looks weak. dont enter it yet
Hi Shads, 200
Hi jeetu, most welcome.
Sachin Says:
May 12th, 2010
Posted at: 3:10 pm
Hey CB
Any BTST call !!??
CB Says:
May 12th, 2010
Posted at: 3:11 pm
Hi Sachin, buy some of jubilant organics.
ARIJIT Says:
May 12th, 2010
Posted at: 3:11 pm
Hi CB,
OK, THAKS A TONN, ALSO THAKS FOR UR ELGI EQIP. CALL?
preeti Says:
May 12th, 2010
Posted at: 3:11 pm
Hi CB, :)
CB Says:
May 12th, 2010
Posted at: 3:12 pm
Hi ARIJIT, most welcome..
Hi preeti
CB Says:
May 12th, 2010
Posted at: 3:13 pm
Hi Shads, can see 8. hold it for 2-3 days.