Intraday calls for 01-09-10
Markets likely to open gap up. Support for nifty is at 5350 and resistance at 5480.
Sell Reliance Capital on rise with stoploss at 775.
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CB Says:
September 1st, 2010
Posted at: 8:49 am
Hi Ravi, don't make a fresh entry yet. lets wait.
ashok khiara Says:
September 1st, 2010
Posted at: 8:49 am
gud morningggggggggggggg
bgdhruve Says:
September 1st, 2010
Posted at: 8:49 am
cb thanks for your view However i can point ut the buy bak policy for AGC Net is around Rs. 284 than how target is about 250 pl.comment.
CB Says:
September 1st, 2010
Posted at: 8:49 am
Hi MohitRaj, not yet. looks weak
Hi DEV, in small quantity for now
Hi chaitali, buy hero honda if crosses 1810. no other call yet
Hi ashok khiara, Good morning.
Kb Says:
September 1st, 2010
Posted at: 8:50 am
Hi CB, Good Morning CBBB
CB Says:
September 1st, 2010
Posted at: 8:50 am
Hi bgdhruve, if its fixed at 284, then it will see 280 levels. if it says "upto 284" then may remain a around 220-250
CB Says:
September 1st, 2010
Posted at: 8:50 am
Hi Kb, Good morning.
ashok khiara Says:
September 1st, 2010
Posted at: 8:51 am
Reliance Industries: Good buy, bad buy
The stock has taken a beating as the company's motive behind the stake purchase in EIH is not clear.
The jury is still out over the decision of Reliance Industries (RIL) to buy a 14.12 per cent stake in East India Hotels (EIH). Reactions are mixed, as RIL's intention behind the purchase is not clear. The markets did not seem happy with the Rs 1,021-crore outflow in an unrelated investment. Hence, the share price tanked.
At the purchase price of Rs 184, the enterprise value (EV) for adjusted rooms at Rs 2.9 crore is much higher than the Rs 2-2.3 crore EV/adjusted room norm in the industry. Considering EIH's FY10 numbers, RIL's price is around 109 times its earnings, while the enterprise value works out to 28 times the operating profit. This looks a tad expensive. Instead of this investment, the company could have returned this money to shareholders, reckon analysts.
manish Says:
September 1st, 2010
Posted at: 8:51 am
hi gud mrng wat abut idfc
CB Says:
September 1st, 2010
Posted at: 8:51 am
Hi ashok khiara, thanks for the update.
Kb Says:
September 1st, 2010
Posted at: 8:51 am
Hi CB, dabur looking ok na .. :D
CB Says:
September 1st, 2010
Posted at: 8:52 am
Hi manish, one can enter with sl at 175. can see 183.
CB Says:
September 1st, 2010
Posted at: 8:52 am
Hi Kb, yes, looks good.
manoj Says:
September 1st, 2010
Posted at: 8:52 am
HI CB,
I bought SUZLON yesterday [email protected] will be target for exit today
DEV Says:
September 1st, 2010
Posted at: 8:53 am
and about m&m where hav to enter or not
prasad Says:
September 1st, 2010
Posted at: 8:53 am
shall i shoooort the nifty here otherwise pls tell when should i short the niftyyyy