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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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Comment pages: 5678910111213Show all

  1. sndpsk Says:
    June 1st, 2009
    Posted at: 10:10 am

    Hi CB, whats about the suzlone? can is it buy on this price or still some down price can enter for short term?


  2. CB Says:
    June 1st, 2009
    Posted at: 10:10 am

    Hi jagadeesh, no..

    Hi Eesha, not sure about buying Sun pha and Walchandnagar. Hold Welspun..it can touch 180


  3. yash Says:
    June 1st, 2009
    Posted at: 10:11 am

    biocon is a buy at what price for intraday???


  4. CB Says:
    June 1st, 2009
    Posted at: 10:11 am

    Hi Akash, it can add 15-20%

    Hi Eesha, ONGC looks good..

    Hi sndpsk, dont buy now.. its already 106


  5. Arasu Says:
    June 1st, 2009
    Posted at: 10:11 am

    Me too like Chaitanya having 20000 for intraday today...

    CB need your advice....

    Can we wait and watch and or go ahead with trade, the market is already up over 4530


  6. DM Says:
    June 1st, 2009
    Posted at: 10:11 am

    HI CB,

    GOOD MORNING
    NIFTY CROSSED 4520 LEVELS CAN WE DO FRESH ENTRY IN THE MARKET?


  7. CB Says:
    June 1st, 2009
    Posted at: 10:12 am

    Hi yash, not sure about intraday in Biocon


  8. Narasimha Says:
    June 1st, 2009
    Posted at: 10:12 am

    HI CB ,

    Should I buy call at around 4700 .. ? as it has crossed the resistance of 4520


  9. Eesha Says:
    June 1st, 2009
    Posted at: 10:12 am

    Thanks Sirji. Ok then I shall square Welspun at 180 or above:)

    What about Dishman?

    Anything that would give me 10 Rs. high as on today would do as I would have bt around 500 to 600 then:(


  10. Akash Says:
    June 1st, 2009
    Posted at: 10:12 am

    Unitech is 83. Can we buy this now for target 95-100 in 2-3 days?


  11. CB Says:
    June 1st, 2009
    Posted at: 10:12 am

    Hi Arasu, yes..lets wait. if Educomp crosses 2930 buy it

    Hi DM, as of now none.. lets see if it stays above it for some time


  12. Eesha Says:
    June 1st, 2009
    Posted at: 10:13 am

    ONGC to be bt at what rate as of now it is at 1190...Pls advice whether to be bt now or wait for it to go lower?


  13. Pratham Says:
    June 1st, 2009
    Posted at: 10:13 am

    Cb sir 119 ke rate par rolta sort term ke liye le sakata hu ?


  14. CB Says:
    June 1st, 2009
    Posted at: 10:14 am

    Hi Narasimha,wait for some more time

    Hi Eesha, as of now no call

    Hi Akash, let it trade above it for another 10 min


  15. Arasu Says:
    June 1st, 2009
    Posted at: 10:14 am

    You mean SELL&BUY or BUY&SELL EDUCOMP... Sry CB... Im new to Margin


  16. CB Says:
    June 1st, 2009
    Posted at: 10:15 am

    Hi Eesha, wait for it to go lower..

    Hi Pratham, no.. buy above 122

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