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Intraday calls for 25-05-10

Posted on: May 25th, 2010 at 8:25 am

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Markets likely to open slightly lower. Support for nifty is at 4820.

Sell Amtek Auto at 159.70, target: 152. Stoploss: 164. – (book profits at 154.50)

If markets show some recovery later during the day, buy: JK Lakshmi Cement.

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630 Responses

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S.MAHESH Says:
May 25th, 2010
Posted at: 3:23 pm
Hi ARIJIT,
no
Kb Says:
May 25th, 2010
Posted at: 3:26 pm
Hi CB, Cbee .. 2 marow bounce is possible from here??
CB Says:
May 25th, 2010
Posted at: 3:28 pm
Hi Kb, no, not sure. depends completely on global queues, which are not looking good at the moment.
Kb Says:
May 25th, 2010
Posted at: 3:28 pm
Hi S.MAHESH, mahhh .. Missed the move .. Hoohh .. i was ouside .. other wise there was a opportunity to short ..
Kb Says:
May 25th, 2010
Posted at: 3:29 pm
Hi CB, Hmm .. Cb, i missed the move ..
ARIJIT Says:
May 25th, 2010
Posted at: 3:30 pm
Hi S.MAHESH,
thanks
CB Says:
May 25th, 2010
Posted at: 3:30 pm
Hi Kb, yes.. did come down quite a bit today.
Kb Says:
May 25th, 2010
Posted at: 3:30 pm
US stock index futures signal sharply lower open
S.MAHESH Says:
May 25th, 2010
Posted at: 3:31 pm
yes, source - http://money.cnn.com/data/premarket/
U.S. stocks were poised to fall sharply at Tuesday's open as a selloff in global markets rattled confidence. More
Kb Says:
May 25th, 2010
Posted at: 3:33 pm
Hi CB, Hmmm .. ok cb .. have a nice evening
S.MAHESH Says:
May 25th, 2010
Posted at: 3:35 pm
bye
Kb Says:
May 25th, 2010
Posted at: 3:38 pm
Hi S.MAHESH, Mahh .. i think CNN data is not real time ..a round 10 min late .. i think .. not sure
Ravi Says:
May 25th, 2010
Posted at: 3:43 pm
Hi CB, Bought 4900 June call at 119. Plz suggest wat to do. Will the market open downwards or upwards tomorrow
Deepak7791 Says:
May 25th, 2010
Posted at: 3:44 pm
Dear CB
Should I still hold on to Aptech @ 200 Rs or Quit all 2500 Qty and invest in something else which can return my capital quickly ? If yes please suggest which stock to invest in.
savi Says:
May 25th, 2010
Posted at: 3:50 pm
Hi,
Yesterday when the market was 300 up. Nobody give a short call. Today all the stocks are down to 5% to 10% from yesterday's high point.
Today I bought SAIL 1lot at 190/- . Pls suggest me what should I do tomorrow.
CB Says:
May 25th, 2010
Posted at: 3:55 pm
Hi Ravi, tomorrow may open a bit flat. lets see how US markets close. hold with sl at 4780
Hi Deepak7791, hmm. go with bharati shipyard on dips. much bigger and a better company
Hi savi, sail is near strong support levels. if markets continue to remain weak tomorrow then hegde it with a 190 put.