Intraday calls for 01-08-13
Markets likely to open slightly higher. Resistance for nifty is at 5770.
Buy Bank of Baroda at 562, target: 575. Stoploss: 554 – (Continue to hold Bank of baroda)
9.19am -Book profit in 5800ce at 119
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WELL PLAN Says:
August 1st, 2013
Posted at: 6:09 pm
HI CB GE,
WELL PLAN Says: August 1st, 2013 Posted at: 8:32 am Reply
HI CB ,
SELL TCS ON HIGHER SIDE & BUY ON DIP HDFC BANK
WELL PLAN Says:
August 1st, 2013
Posted at: 6:13 pm
HI CB .
EVERY DIP WILL BE OPPORTUNITY TO
BUY WIPRO & IDEA POSSIBLE GOOD GAIN.
STILL WE REPEAT THAT SELL IT POSITIONAL.
Venky Says:
August 1st, 2013
Posted at: 6:15 pm
Sir,Can I go long in HDFc tomorrow ?What can be the target and stoploss?
ramsingh Says:
August 1st, 2013
Posted at: 6:20 pm
Hi Cb!
We buy Financial Tech at current price and what is the target price.
akila Says:
August 1st, 2013
Posted at: 6:30 pm
Finantech- the ugly stock of the day .. i was thanking God every minute with every fall how luckily to clear debits I had squared it off just a couple of days back @ 580.........yet with each fall i was beginning to wonder whether to buy, then resisted till the last moment, but almost the entire day (right from preopen) i was glued to this stock......and now when i should be attending to other chores, still reading about it, the various blogs, so called clarifications and what not......just not able to digest these kinds of crashes even theoretically.........
coming to the issue CB, at preopen CB, this was locked at 10pc down circuit... i initially thought it could be one of those anomalies of preopen rates.....then at actual open it was the same for a second, then went on to 15pc , then paused at 20pc for a fraction of second, then moved on further and then everyone knows the story.............
just now I was looking at the nseindia site for the stock, and am shocked to see that it mentions upper brice band as 593.80 which is 10pc...and lower price band as 162 which is 70%............how are these things possible.........was the lower price band changed immediately after market open to allow the free fall?
http://www.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=FINANTECH&illiquid=0
You and your forum is one great strength to all of us to discuss and learn, hence writing such a long note....and if you/anyone here can tell how these things happen or how we the members of this forum can do something to take up this matter with whomever we have to in order to protect the interests and money of innocent traders and investors.............we must do something............this is just height of atrocious behaviour by SEBI when they say they will probe into the matter after the share has fallen 65%....I bet the best(read worst) they will do in probing is the put a 5% cirucit now when most likely the share is poised for a recovery after the clarifications
MARIE Says:
August 1st, 2013
Posted at: 6:37 pm
hi cb g, i have 2 lots 2600ce at 75 , ubl 50 at 810 what can i do,
Vinit Says:
August 1st, 2013
Posted at: 6:41 pm
Hi akila, Brilliant point made. Nothing can be done, the ultimate fact. It's just that we can protect ourselves by our own actions. Some say markets and stocks are being controlled a few men. Most of the times i disagree. But instances like these do alter my thinking. After all, it did hurt few of those stuck in that scrip. It could've been anyone!
Kartik Says:
August 1st, 2013
Posted at: 6:58 pm
Hi SaiPalanivel, GE, lets wait to see how Dow reacts tonight
Hi ARVIND, it looks waek for now, would be better to exit from it on any rise ahead
Hi Venky, it saw a short covering rally today, dont enter it for Intraday tomorrow
Hi ramsingh, avoid it, it looks weak
Hi akila, Yes, not really sure how this could have happened, but it could be some insider trading or some news that's likely to be out ahead
Hi MARIE, hold it with a SL at 2380 (strong support)
SaiPalanivel Says:
August 1st, 2013
Posted at: 7:04 pm
HI KARTIK SIR,DOW OPEN GOOD BUT SGX NIFTY SHOWN WEAK.WHAT HAPPEN SIR.
murali Says:
August 1st, 2013
Posted at: 7:28 pm
hi cb/ karthick sir....
most probably we may see a gap up of more than 35-40 points tomoro...... sir all global markets are in green................
WELL PLAN Says:
August 1st, 2013
Posted at: 7:29 pm
HI KARTIK.
NOWADAYS MARKET WAS HIGHLY VOLATILE,
THAT WHY WE GIVE EVERY ONE POSITIONAL CALL
WATCH & BUY ADANI ENT.ON EVERY DIP TG.188+(2/5 DAYS)
WATCH & SELL TCS ON HIGHER SIDE TG. 1755/1695 BELOW (2/5 DAYS)
AJ Says:
August 1st, 2013
Posted at: 7:33 pm
sir maruti got positive so should i buy in option CE
PKP Says:
August 1st, 2013
Posted at: 7:33 pm
Sir SGX nifty is indicating or currently running at 5789 means up around 20 points
and US is also trading in green
is our opening will be in green tomorrow..... or will b bound in a particular range....
blindinvestor Says:
August 1st, 2013
Posted at: 7:50 pm
Dear All ....Check the the options CE of Financial Tech, lots of CE added during the Fall , every one thinking it may retrace to higher level which never happened and its almost down at days low....it may retrace back a little tomorrow but can see further fall to end below 100, nothing is impossible in this market
pankaj Says:
August 1st, 2013
Posted at: 8:38 pm
hi,guru what about u about banking overali good or weak? for short tearm
Kartik Says:
August 1st, 2013
Posted at: 8:38 pm
Hi SaiPalanivel, PKP , we are likely some short covering after opening flat
Hi murali, Yes, some short covering after opening flat
Hi WELL PLAN, Good evening, Yes, has been quite volatile lately
Hi blindinvestor, one can be sure yet, but it could see a small short covering rally after it huge fall, hold it could be risky though