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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. RUPESH Says:
    September 2nd, 2009
    Posted at: 9:26 am

    G.M. ,i have one nifty short @4735/


  2. CB Says:
    September 2nd, 2009
    Posted at: 9:26 am

    Hi RUPESH, hold it for some more time.. we can see 4550.. keep trailing sl at 4630


  3. shiv Says:
    September 2nd, 2009
    Posted at: 9:26 am

    good morning cb da ....

    yesterday was in loss ... what abt ndtv and overall market ..?


  4. sunil Says:
    September 2nd, 2009
    Posted at: 9:26 am

    at what level should i cover nifty cb?
    do u expect still more down side
    u where saying aftr gap down opening nifty might bounce back


  5. CB Says:
    September 2nd, 2009
    Posted at: 9:27 am

    Hi shiv, Good morning. markets may remain weak.. dont enter ndtv yet


  6. KV Says:
    September 2nd, 2009
    Posted at: 9:27 am

    Hi CB,
    can we short tatasteel if its below 420??


  7. CB Says:
    September 2nd, 2009
    Posted at: 9:27 am

    Hi sunil, bounce is unlikely.maybe a small one but we can see 4500 levels in coming days.


  8. CB Says:
    September 2nd, 2009
    Posted at: 9:27 am

    Hi KV, yes. it closed below 420..can see 400 today


  9. Sandy Says:
    September 2nd, 2009
    Posted at: 9:27 am

    Hi CB how much wil crompton see today?


  10. padma Says:
    September 2nd, 2009
    Posted at: 9:28 am

    CB,
    I purchased Unitech @106 yesterday and strucked. what to do ? can i avg. or wait for some time. please advise.


  11. CB Says:
    September 2nd, 2009
    Posted at: 9:28 am

    Hi Sandy, it may open flat.. if markets recover it can see 320


  12. CB Says:
    September 2nd, 2009
    Posted at: 9:28 am

    Hi padma, yes. wait for some dip..dont avg it yet..its a good bet


  13. bipin Says:
    September 2nd, 2009
    Posted at: 9:29 am

    hi i am new to this site.
    good morning to all


  14. BAPU Says:
    September 2nd, 2009
    Posted at: 9:29 am

    what level to enter tech mahindra or satyam


  15. CB Says:
    September 2nd, 2009
    Posted at: 9:29 am

    Hi bipin, Good morning..

    Hi BAPU, around 5-7% lower


  16. Akash Says:
    September 2nd, 2009
    Posted at: 9:30 am

    Ok. So should I short Berger at CMP or opening and buy back in 2-3 Rs. down? later again we can buy if we see it is going up!

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