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Intraday calls for 01-07-10

Posted on: July 1st, 2010 at 8:31 am

Markets likely to open lower

If markets show recovery later during the day, buy: IFCI & Thermax

One can continue to hold Thermax for 2-3 days. looks strong technically. can see 770-780

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638 Responses

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  1. raj Says:
    July 1st, 2010
    Posted at: 1:00 pm

    CB any chance of recovery later 2morrow ???


  2. Phani Says:
    July 1st, 2010
    Posted at: 1:01 pm

    can i buy Larsen at CMP?


  3. CB Says:
    July 1st, 2010
    Posted at: 1:01 pm

    Hi SMH, yes, keep sl at 5220 for that one.


  4. CB Says:
    July 1st, 2010
    Posted at: 1:01 pm

    Hi raj, not sure yet

    Hi Phani, no, not yet


  5. CB Says:
    July 1st, 2010
    Posted at: 1:02 pm

    ill be back in 30 min../


  6. ARIJIT Says:
    July 1st, 2010
    Posted at: 1:03 pm

    Hi CB,
    HOW DO U SEE MAGMA FI CORp?


  7. SMH Says:
    July 1st, 2010
    Posted at: 1:03 pm

    cb, can yu guide me with MTNL hv bot @ 65-66 what levels can i expect in short term


  8. Kelly Says:
    July 1st, 2010
    Posted at: 1:05 pm

    Belwo 5230 target 5181


  9. Rahul Says:
    July 1st, 2010
    Posted at: 1:07 pm

    thanks cb whats the target for tata steel in short ??


  10. umar Says:
    July 1st, 2010
    Posted at: 1:08 pm

    Can I buy rpower at current levels or shall I wait, what level do I need to buy


  11. Kelly Says:
    July 1st, 2010
    Posted at: 1:09 pm

    to be exact belwo 5220


  12. neelimakumar Says:
    July 1st, 2010
    Posted at: 1:10 pm

    House approves Wall Street reform
    The effort of US President Barack Obama [ Images ] to make Wall Street accountable and prevent the collapse of financial institutions in the future inched a step closer as the House of Representatives passed the sweeping Wall Street Reform Bill.

    The sweeping Wall Street Reform Bill that was passed by the House of Representatives by vote 237-192, largely along party lines now goes to the Senate; which faces the prospect of filibuster by the Republicans.

    The Democrats exuded confidence that they would be able to get the bill through the Senate as well. Obama said the House vote ‘puts us on the cusp of passing a law’ that will give consumers greater protection and safeguard US economy against future financial crises.
    May prove POSITIVE for d markets
    Ur opinion CB


  13. N Murali Says:
    July 1st, 2010
    Posted at: 1:13 pm

    Hi Kelly,

    What is yr view on IDFC & GIC Hsg Fin


  14. Kelly Says:
    July 1st, 2010
    Posted at: 1:23 pm

    Hi neelimakumar,
    This news might halt malpratices by big co n insider trading etc, but again people
    find loopholes and MAINLY it will not help sagging economy. To put in plain words
    there r pick pocketr's in crowded train so i will carry my wallet in my brief case instead
    in pocket , but due to inflation etc there is less money in my wallet, money in wallet
    will not increase unless economy becomes strong.


  15. CB Says:
    July 1st, 2010
    Posted at: 1:25 pm

    Hi ARIJIT, has resistance at 305. will do well once crosses it

    Hi SMH, its a hold. can see 70

    Hi Rahul, around 460

    Hi umar, wait for another 3-4% dip to enter it

    Hi neelimakumar, yes, but europe has not really reacted much to this news. lets see

    Hi N Murali, idfc can see 184. not sure of gic.


  16. Pathy Says:
    July 1st, 2010
    Posted at: 1:28 pm

    Hi cb,shall i buy ranbaxy fr intraday at cmp

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