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Intraday calls for 30-05-11

Posted on: May 30th, 2011 at 8:32 am

Markets likely to open flat. Support for nifty is at 5450 and resistance is higher near 5550 levels.

Buy IRB Infrastructure Developers Ltd at 151.50, target: 155.50. Stoploss: 147

9.33am – buy tata coffee at 845, target: 858. Stoploss: 832 – (book profit at 855-858)

12.24pm – buy jsw steel at 954, target: 968. Stoploss: 942

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441 Responses

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  1. Tanmoy Says:
    May 30th, 2011
    Posted at: 1:14 pm

    HI,Today Edserv Softsystem declared good result.But the share price is not moving,can you tell me why ?Thanking you.


  2. SAI Says:
    May 30th, 2011
    Posted at: 1:21 pm

    HI SAGAR WILL CHK JUST OUT FOR LUNCH. SO ONLINE. BUSY AT OFFICE.


  3. AJ Says:
    May 30th, 2011
    Posted at: 1:21 pm

    Entered SUPREME @ 173.5 today...what levels to square off?


  4. ARIJIT Says:
    May 30th, 2011
    Posted at: 1:22 pm

    Hi sagar.cz.cc,
    GA, SEEING U AFTER A LONG GAP. ..................


  5. raghu Says:
    May 30th, 2011
    Posted at: 1:26 pm

    hi,
    any calls for 3-5% profit in 1 week.
    whats ur opinion on kwality


  6. Avinash Says:
    May 30th, 2011
    Posted at: 1:29 pm

    CB
    shorted SBI for the second time at 2218... need ur opinion on this.
    can i expect a repeat of the last time when it was at this level and tanked to 2160 levels?
    or will 2215 be todays low? Kindly advice

    Thank you


  7. CB Says:
    May 30th, 2011
    Posted at: 1:32 pm

    Hi sanjay, book near 279

    Hi Shiva, not yet

    Hi anil, it can test 400

    Hi ks, no, dont make a fresh entry now

    Hi bullslook.co.tv, Good afternoon. hope all is going well

    Hi Tanmoy, no, not really sure why

    Hi AJ, it can see 176

    Hi raghu, kwality looks weak. buy some of lic housing

    Hi Avinash, ok. hold it for now with sl at 2240. it does look weak. can test 2180 again


  8. Anil Says:
    May 30th, 2011
    Posted at: 1:36 pm

    Hi CB, Bank of India again back to 434. Will it reach 440 today?? In cash it's going up but futures are going down. Why?


  9. CB Says:
    May 30th, 2011
    Posted at: 1:37 pm

    Hi Anil, yes, hold it for now. will recover back. quite a few stocks are trading at a discount in futures.


  10. Avinash Says:
    May 30th, 2011
    Posted at: 1:39 pm

    ok CB...lets see, atleast for now selling is more than buying.


  11. CB Says:
    May 30th, 2011
    Posted at: 1:40 pm

    Hi Avinash, ok..


  12. cvrprakash Says:
    May 30th, 2011
    Posted at: 1:41 pm

    CB,

    Can I buy RCOM 90 PA @ 4?


  13. raj gupta Says:
    May 30th, 2011
    Posted at: 1:42 pm

    Sir what about hindalco result is it bad , this is falling should i buy 190 pe at cmp ?


  14. CB Says:
    May 30th, 2011
    Posted at: 1:42 pm

    Hi cvrprakash, no. it can head upto 91.


  15. CB Says:
    May 30th, 2011
    Posted at: 1:43 pm

    Hi raj gupta, it has resistance at 199 levels. results are fine. hold it for now.


  16. nithin2009 Says:
    May 30th, 2011
    Posted at: 1:43 pm

    cb...can i short hindalco at cmp for intraday????

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