Quotes with Resistance & Support
Market Information

Intraday calls for 27-05-11

Posted on: May 27th, 2011 at 8:37 am

Markets likely to open higher, Resistance for nifty is at 5430 and support at 5370

Buy Amtek India at 87.50, Target: 90.20, SL 86

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620 Responses

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  1. SS Says:
    May 28th, 2011
    Posted at: 4:37 pm

    Hi CB, Diamines & chemcals have announced bonus in the ratio 2:1 % also dividend @ 45%. I am having 500 shares. When will be the bonus shares will be credited to my account? What target it can reach???


  2. Abdullah Says:
    May 28th, 2011
    Posted at: 4:47 pm

    Hi Sunil Rao, Plz check your mail again :)


  3. GODSE Says:
    May 28th, 2011
    Posted at: 4:48 pm

  4. Abdullah Says:
    May 28th, 2011
    Posted at: 4:49 pm

    Hi thavva, GA :) Have a great weekend...


  5. Abdullah Says:
    May 28th, 2011
    Posted at: 4:50 pm

    Hi GODSE, GA :)


  6. Abdullah Says:
    May 28th, 2011
    Posted at: 4:56 pm

    Hi thavva, RKG charges Rs.9/- per lot (one side, excluding all taxes) as brokerage for not only Options but Futures also...


  7. GODSE Says:
    May 28th, 2011
    Posted at: 5:26 pm

  8. CB Says:
    May 28th, 2011
    Posted at: 5:29 pm

    Hi vipul, bob can be bought in small quantity. near good support levels

    Hi SS, once the stock split takes place you will get bonus shares after 2-3 weeks.


  9. Sunil Rao Says:
    May 28th, 2011
    Posted at: 5:40 pm

    Hi thavva, Thanks for the info about CD equity. But trading charges of a lot varies as per price of the lot as STT is charged on Sale turnover and SEBI charges is charged on total turnover and these are not dependant on the broker. RKG is charging Rs.9 per lot per leg (taxes and other charges extra) and is the same for futures as well. After lot of research, I have found it to be quite cheap and finally selected it. Even Religare has offered a rate of Rs.18 per lot but they require a upfront non-refundable brokerage charges of Rs.25000/- for one year. After detailed enquiry, I came to know they only adjust brokerage within the upfront payment and not taxes and other charges. So my breakeven would be to trade about 1390 lots per year. Moreover one gets stuck with them even if one wants to switch to another broker.

    Hi Abdullah, Thanks for the detailed info about RKG in the mail. As for my ITM short straddle strategy, I would start it as soon as my account is opened with RKG as I want to keep the charges to the minimum. :)


  10. Sunil Rao Says:
    May 28th, 2011
    Posted at: 5:41 pm

    Hi GODSE, Good Evening :)


  11. suzane Says:
    May 28th, 2011
    Posted at: 5:59 pm

    Hi CB, is it good to buy 1 lot of Mphasis at CMP and 1 lot Educomp above 480 for 2-3 days holding ??


  12. GODSE Says:
    May 28th, 2011
    Posted at: 6:08 pm

  13. thavva Says:
    May 28th, 2011
    Posted at: 6:29 pm

    Hi Abdullah, Ohhh...its very low then. I too try this. Thanks

    Hi Sunil Rao, Thanks for detailed explanation.I too check with them. Seems they do not have branch in Hyd as I did not find contact details on their site. Will call customer care and get details.


  14. CB Says:
    May 28th, 2011
    Posted at: 6:31 pm

    Hi suzane, not sure of educomp yet. mphasis looks good


  15. thavva Says:
    May 28th, 2011
    Posted at: 6:31 pm

    Hi GODSE, GE


  16. suzane Says:
    May 28th, 2011
    Posted at: 6:38 pm

    Hi CB, what target u suggest in Mphasis in next 2-3 days ?? can it give 8-10 % return ??

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