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Intraday calls for 02-09-09

Posted on: September 2nd, 2009 at 9:19 am

Markets likely to see a weak opening.

Sell Sunflag Iron and Steel company at 24, target: 22.80. Stoploss: 24.80

If markets show recovery later during the day, buy: Welspun Gujarat

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664 Responses

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  1. AVS Says:
    September 2nd, 2009
    Posted at: 12:05 pm

    Pl.....advice


  2. Mathew Says:
    September 2nd, 2009
    Posted at: 12:06 pm

    CB, what about Hindpetro. Has run up a bit, three month high. Is there anymore upside left on it, can we short it?


  3. vini Says:
    September 2nd, 2009
    Posted at: 12:06 pm

    hwz the maket gona end +ve or -ve??


  4. KV Says:
    September 2nd, 2009
    Posted at: 12:06 pm

    Hi CB,
    sunflag short at 23.8..cmp 24.55...hold or book loss


  5. sabir Says:
    September 2nd, 2009
    Posted at: 12:07 pm

    Mathew,

    I am short on nifty at 4550; pls advise what to do?Mkts going up. I am asking u as i dont have more courage and cant avg further except for 1 or 2 lots more max for the sep expiry.

    Pls advise


  6. RUPESH Says:
    September 2nd, 2009
    Posted at: 12:07 pm

    can i buy call nifty for one week?


  7. CB Says:
    September 2nd, 2009
    Posted at: 12:07 pm

    Hi Anil, reliance keep sl at 1968. can see 2000

    Hi padma, not sure of the news but its a strong company fundamentally. hold it.with the news it will see an upmove

    Hi sabir, hold it for 2-3 days.. after 2 day fall we may see a small bounce


  8. AVS Says:
    September 2nd, 2009
    Posted at: 12:07 pm

    What about GIPCL today?


  9. sabir Says:
    September 2nd, 2009
    Posted at: 12:08 pm

    When is europe opening?What's the europe outlook looking like?Can anyone tell pls.


  10. RUPESH Says:
    September 2nd, 2009
    Posted at: 12:09 pm

    can i buy nifty for one week?


  11. Mathew Says:
    September 2nd, 2009
    Posted at: 12:10 pm

    Hi sabir, CB seems to believe markets would test 4550 levels. Personally I also believe it will come down to 4500. But you would need more margin in your account to meet upsides. But think you will make a profit on it by Sept expiry. Anyway, as I was short on money in my account I covered my shorts yesterday. Was short on 15 lots.


  12. CB Says:
    September 2nd, 2009
    Posted at: 12:10 pm

    Hi AVS, can see 117 today

    Hi sabir, it will open around 12.40pm. its likely to open flat

    Hi RUPESH, not sure of buying yet


  13. sandy Says:
    September 2nd, 2009
    Posted at: 12:11 pm

    HI CB.. can I buy Welspun Gujarat now??


  14. padma Says:
    September 2nd, 2009
    Posted at: 12:11 pm

    pls give unitech target today.


  15. Sunita Says:
    September 2nd, 2009
    Posted at: 12:11 pm

    Hi CB,

    have bought 1500 NHPC shares @ 37.25 yesterday. How long can i wait to book atleast little profit on this?


  16. somashekhara Says:
    September 2nd, 2009
    Posted at: 12:12 pm

    hi CB ,can we short sunflag now

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