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Intraday calls for 06-08-09

Posted on: August 6th, 2009 at 9:19 am

Markets likely to open flat. Nifty has strong resistance at 4730 and support at 4620.

Stocks to watch for breakout:
Buy Voltas above 147, target: 153. Stoploss: 144.50
Buy Glenmark Pharma above 276, target: 288. Stoploss: 272.

If markets show weakness later during the day, sell: Hindalco Industries.

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394 Responses

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  1. CB Says:
    August 7th, 2009
    Posted at: 8:54 am

    Hi obed, if it opens gap up dont enter it..


  2. CB Says:
    August 7th, 2009
    Posted at: 8:55 am

    Hi ramsingh, book profits in it.. buy again on dips later


  3. Sri Says:
    August 7th, 2009
    Posted at: 8:56 am

    Hi CB,

    Whats the price at which i can invest in suzlon, unitech, IVRCLINFRA, DCHL. Please advice


  4. ramsingh Says:
    August 7th, 2009
    Posted at: 8:56 am

    Thank you cb!


  5. CB Says:
    August 7th, 2009
    Posted at: 8:59 am

    Hi Sri, wait for couple of days. if Nifty comes down to 4500 invest 50% of you money in them.

    Hi ramsingh, most welcome..


  6. PADMA Says:
    August 7th, 2009
    Posted at: 9:00 am

    Good morning CB,

    what it means Delivery pick stocks.?


  7. jigar Says:
    August 7th, 2009
    Posted at: 9:09 am

    HEY CB, GOOD MORNING.. WHAT TARGETS DO U EXPECT FOR UNITED SPIRITS.. GOT AT 1023.. NEED TO CASH OUT TODAY


  8. Indhu Says:
    August 7th, 2009
    Posted at: 9:17 am

    I CB , CAN I BUY VOLTAS TODAY ,IF YES WHICH PRICE CAN I BUY?


  9. Akash Says:
    August 7th, 2009
    Posted at: 9:19 am

    Hi CB. Good Morning. How is Hind Oil Exp for intraday today? Can we buy around 190 for target 205 and then 215?

    Also, I saw in the newspaper that Govt. is giving some Rs. 2500 Crore package for Textile Ind. Considering this news, which could be best stock for intraday today (textile).

    I also have Motherson which I bought around 87 but now it is 79+. Should I hold or not?


  10. Sri Says:
    August 7th, 2009
    Posted at: 9:19 am

    Hi CB,

    How many days do i need to hold united spirits to get my invetsed price i,e 1023. I cannot hold it for more days, please advice


  11. ASHOK Says:
    August 7th, 2009
    Posted at: 9:22 am

    Hi cb,
    May I trade in nifty today? If yes, please let me know what trade.


  12. CB Says:
    August 7th, 2009
    Posted at: 9:25 am

    Hi PADMA, it means for short/med term

    Hi jigar, markets will open gap down it might also open around 980-990. if possible hold for short term

    Hi Indhu, buy in small quantity around 140

    Hi Akash, one can buy HOEC in small quantity..in textile bombay rayon, alok text are good bets

    Hi Sri, keep it for couple of weeks..markets will be volatile..

    Hi ASHOK, no..dont enter it yet


  13. Indhu Says:
    August 7th, 2009
    Posted at: 9:34 am

    PLS HELP ME ON PTC INDIA LTD,SHALL I BUY TODAY?


  14. a4amit2 Says:
    August 7th, 2009
    Posted at: 9:43 pm

    thanx CB for ur help i will average punj llyod if nifty touches 4500 mark


  15. shiva Says:
    August 17th, 2009
    Posted at: 10:56 am

    hi,

    I wanted to know what will happen to the stock for intraday if i didn't sell that on that particular day?? will it be converted to delivery??

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