Intraday calls for 01-06-09
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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Shekhar Says:
June 1st, 2009
Posted at: 4:28 pm
Sir, now that Nifty closed above 4520 which was a barometer for you, I am sure you will give us lot of bets to get richer tomorrow itself :) Your first take for tomorrow?
ICICI bank (-2%) UTI Bank (-4%) despite this rally, will they rally tomorrow?
CB Says:
June 1st, 2009
Posted at: 4:31 pm
Hi Shekhar, yes.. Dow futures are up 120 points.. we might see a gap up tomorrow if global markets look good.. banks saw selling today.. may bounce in coming days
karthik Says:
June 1st, 2009
Posted at: 4:38 pm
hi, i am a intraday trader, i would like to add myself in this.. accept my request
Kartheek Says:
June 1st, 2009
Posted at: 4:39 pm
holding Landmark Prop 1000@18, right now its 8.25, can I hold it for short term to expect 20?
stev Says:
June 1st, 2009
Posted at: 4:41 pm
plz suggest any similar site to moneycontrol.com ??
or any other good site ?
Akash Says:
June 1st, 2009
Posted at: 4:44 pm
Thanks CB. I am also planning to invest in NMDC for long term. It is good to invest in NMDC at this level. Can we expect that NMDC will again display 7000-8000 show in long term or not?
Eesha Says:
June 1st, 2009
Posted at: 4:45 pm
Point noted Sir.
I actually had made around 30k during the time when the market had shot up after elections. But by this date I have lost more coz I play with margin money and again the fear now is if the market goes down to the 10k levels as earlier, then my dream of earning daily will be shattered...
Akash Says:
June 1st, 2009
Posted at: 4:48 pm
Hi Eesha. I suggest you not to play in Margin trading. It is nice to see that you have made some 30k like this but now it is advisable that you invest this amount in some good scripts and play safe.
Everyday earning is very difficult in stock market. Even if you are earning for last 15 days, one day will be enough to make that profit into 0 or may be in loss...
- Akash
Eesha Says:
June 1st, 2009
Posted at: 4:57 pm
That is absolutely right. I had in mind that I would be trading in only blue chips and used to only touch L&T, SBI and RIL. But suddenly this craze came in for understanding other lesser rate costs and started seeing some profits coming in. But I also understood that fear is getting ahead of my greed to make money due to which I was scared to hold and sold off immediately.
Still a juvenile. This site is too good. Thanks a lot to you all here who actually motivate each other to do good.
Raghavan Says:
June 1st, 2009
Posted at: 4:58 pm
Hi CB, Thanks for the Suzlon and Praj Industries calls. They were amazing. Booked profits in them. Any new calls with 10-12 percent returns for this week.
Kartheek Says:
June 1st, 2009
Posted at: 5:00 pm
Hi Viti,
Most important factor after 'brokerage' is 'Exposure Limit for Intraday'. Its like mutilple to your principal amount. Choose a company which offers you a min 5 times of exposure for intraday on all scripts.
sndpsk Says:
June 1st, 2009
Posted at: 5:05 pm
Hi CB, & Kartheek, Please help me about to change trading account from icicidirect.com as if its very costly as per other trading system. howz the religare trading system, is it online system are good? and any good brokerage scheme? while i tried to search on complaints about religare, i found some complain about auto-square off for intraday sometimes create problem and modify allocation. is it true? please help. and if religare is not worthable then please suggest other, i heard about sharekhan and indiabulls.
Thanks
Eesha Says:
June 1st, 2009
Posted at: 5:10 pm
Hi CB, now I have SBI bt at 1875. What could be the target for tomorrow please; any idea?
Kartheek Says:
June 1st, 2009
Posted at: 5:12 pm
Hi CB, holding Landmark Prop 1000@18, right now its 8.25, can I hold it for short term to expect 20?
sndpsk Says:
June 1st, 2009
Posted at: 5:14 pm
Hi CB & Kartheek, i have worth to mention some points so you can suggest right way to me.. that if religare is only good with odin software. then i cannot install any other software to my machine because monday-friday i am in office so in market hours i cannot use my personal machine. so please mention that online religare website is good to do trading. after lossing so much in intraday, due to so much cutting brokerage while profit + some time script goes in wrong direction for me and i loss. so i may be go for short term trading with my new account.
amitk Says:
June 1st, 2009
Posted at: 5:14 pm
Hi CB, what's your take on IOB, RNRL, SESAGOA and GSPL. I am invested in this for long. Need help.