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Intraday calls for 01-01-09

Posted on: January 1st, 2009 at 9:20 am

Markets likely to open flat.
Buy Reliance Infrastructure for a target of 595. Stoploss: 573.

At higher levels short sell Satyam Computers with a stoploss at 180.

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112 Responses

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  1. CB Says:
    January 1st, 2009
    Posted at: 1:55 pm

    Hi Kriti, Oh.. sorry :p Its looking good.. it can touch 45-46 in 1-2 days.. hold it..

    Hi vvdp, Core projects can touch 58-60 in short term..


  2. Raj Says:
    January 1st, 2009
    Posted at: 1:59 pm

    CB, Reliance infr target.... its above 95?


  3. CB Says:
    January 1st, 2009
    Posted at: 2:01 pm

    Hi Raj, Book profits at this level..


  4. Raj Says:
    January 1st, 2009
    Posted at: 2:05 pm

    Thanks CB, Booked profit @ 95 levels....


  5. Assish Says:
    January 1st, 2009
    Posted at: 2:09 pm

    THANKS MAN. RELINFRA ROCKED!! WAIT WAS WORTH IT :)


  6. pramodjain Says:
    January 1st, 2009
    Posted at: 2:15 pm

    CAN I SELL SATYAM@180


  7. CB Says:
    January 1st, 2009
    Posted at: 2:17 pm

    Hi Raj, cool..

    Hi Assish, most welcome..

    Hi pramodjain, no, don't sell it now.. markets in an uptrend..


  8. CB Says:
    January 1st, 2009
    Posted at: 2:17 pm

    I WILL BE BACK IN 1 HOUR....


  9. Raj Says:
    January 1st, 2009
    Posted at: 3:02 pm

    Hi Cb, Shall I STBT praj and suzlon... if markets may open gap down tomorrow or somthing like that...


  10. Shalu Says:
    January 1st, 2009
    Posted at: 3:03 pm

    Hi CB, is Satyam a buy at the current levels?


  11. amit Says:
    January 1st, 2009
    Posted at: 3:05 pm

    cb thanks for the relinfra call. it was superb. booked profit at arnd 97. thanks


  12. amit Says:
    January 1st, 2009
    Posted at: 3:06 pm

    any call now for very short term cb.


  13. Prakash Says:
    January 1st, 2009
    Posted at: 3:16 pm

    CB do you think the current market rally will continue tommorrow also. Is it advisable to hold reliance power.Whats ur current call on Satyam


  14. srini Says:
    January 1st, 2009
    Posted at: 3:17 pm

    Hi CB,any stock for BTST?


  15. CB Says:
    January 1st, 2009
    Posted at: 4:42 pm

    Hi Raj, Sorry, was not online after 2.30.. 3040-3050 is a very imp level for Nifty, if we manage to cross it tomorrow next target would be 3150-3200..

    Hi Shalu, I would say stay away as of now.. Profit booking could come in anytime..

    Hi amit, Nice to hear that... If tomorrow Nifty manages to stay above 3050 for some time, buy Suzlon above 66 for a target of 70-73 in short term..

    Hi Prakash, 3040-3050 is a very imp level for Nifty, if we manage to cross it tomorrow next target would be 3150-3200.. Rel power is a hold.. technically its looking good.. I would advice to stay away from Satyam.. maybe it could move up another 10 rs but downside risk is always there after the rally it has seen..

    Hi srini, Sorry, was not online after 2.30

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