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Intraday calls for 01-06-09

Posted on: June 1st, 2009 at 9:09 am

Markets likely to open positive. Nifty has strong resistance at 4520. If we manage to cross this we could see 4800 in short term, else a retracement back to 4300.

Buy ONGC for a target of 1210, stoploss: 1145

If markets see profit booking at at 4500-4520 levels, short: Reliance Capital

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489 Responses

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  1. Mangesh Says:
    June 1st, 2009
    Posted at: 2:17 pm

    SUZLON ENERGY LIMITED now at 115 up 20% in 2 days very good short term call CB. thanks ..


  2. Raj Says:
    June 1st, 2009
    Posted at: 2:18 pm

    Booked profit in Suzlon at 115.30 thanks.. waiting for your next short term call


  3. RAJUGHURU Says:
    June 1st, 2009
    Posted at: 2:24 pm

    can i buy suzlon @ 115/-. for a short term target of 150/-


  4. SURESH Says:
    June 1st, 2009
    Posted at: 2:25 pm

    HI CB/Others, I have shorted the RelCapital @971 and 961. Could anyone provide me the stoploss and target. I missed the sequence of this messages. ..Suresh


  5. Akash Says:
    June 1st, 2009
    Posted at: 2:27 pm

    Hi CB. Unitech 94. Is it still a hold for 100+ or not?


  6. Manish Says:
    June 1st, 2009
    Posted at: 2:29 pm

    Hi SURESH, Keep a SL at 980 as the markets are not going down..


  7. Manish Says:
    June 1st, 2009
    Posted at: 2:29 pm

    Hi Akash, yes it can touch 100+ in 3-4 days


  8. SURESH Says:
    June 1st, 2009
    Posted at: 2:30 pm

    Thanks Manish, I have shorted the RelCapital in the wrong time....Suresh


  9. vee Says:
    June 1st, 2009
    Posted at: 2:40 pm

    Hi Akash How do u Expecting about Unitech its gonna be reach on 95 by tomarrow. plz reply me.


  10. Akash Says:
    June 1st, 2009
    Posted at: 2:45 pm

    Thanks Manish. Can we expect 115 in 3-4 days. It will take only 1 20% show for Unitech to cross 110 from this level :-)

    Cheers,
    Akash...


  11. Akash Says:
    June 1st, 2009
    Posted at: 2:46 pm

    Hi Vee. I am quite sure that it will cross 95 and even 100 also (most probably tomorrow). I am now thinking if it can touch 120+ by the end of this week.


  12. Akki Says:
    June 1st, 2009
    Posted at: 2:48 pm

    wht abt suzlon nw shld one enter in d stock @ current levels whts d upside left in the stock????


  13. vee Says:
    June 1st, 2009
    Posted at: 2:49 pm

    if u don't mind...How do u expecting that can u explain me plz


  14. Akash Says:
    June 1st, 2009
    Posted at: 2:54 pm

    Well that is too technical things to ask me :)

    However, there are couple of +ve things for Unitech like they got some 2500 Crore Oder from Norway based telecom company for Ericsson. They also raised some 2000 Crore by selling some space in Delhi and few other good news are there. I think those are the trigger factors for Unitech.

    Moreover, it is already quite down from 52+ weeks high which is close to 450 so I am expecting this rally will take Unitech to at least 150 :)


  15. Ranga Says:
    June 1st, 2009
    Posted at: 2:54 pm

    GURU CAN i BUY THE EDUCOMP FOR FEW DAYS? IT CROSSED THE 2930, i MISSSED THAT POINT. NOW IT IS ABOVE 3000


  16. Sharad Says:
    June 1st, 2009
    Posted at: 2:55 pm

    hw abt CHAMBAL FERTILIZERS LTD? ny news? its rockin?

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