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Intraday calls for 02-09-09

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

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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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CB Says:
September 2nd, 2009
Posted at: 4:39 pm
Hi Arun, most welcome
CB Says:
September 2nd, 2009
Posted at: 4:39 pm
Hi AR, not sure of the dates yet
ask1 Says:
September 2nd, 2009
Posted at: 4:41 pm
Hi CB, i bought Welspun GUj today at 228.is there any chance of this stock moving up tomorrow?
CB Says:
September 2nd, 2009
Posted at: 4:42 pm
Hi ask1, yes. it can see 235 tomorrow
ask1 Says:
September 2nd, 2009
Posted at: 4:43 pm
thanks CB.
RLN Says:
September 2nd, 2009
Posted at: 4:43 pm
Hi Dennis, I hope that the tips you have provided are meant for to-morrow? Is is correct?
Ashok Says:
September 2nd, 2009
Posted at: 4:58 pm
Dear CB, hold united phosphorus @167 what is target for tomarrow?
ASHOK Says:
September 2nd, 2009
Posted at: 5:00 pm
HI CB, Any recovery is possible in sensex,if yes by what time?
CB Says:
September 2nd, 2009
Posted at: 5:03 pm
Hi ask1, most welcome
Hi Ashok, it can head upto 185. hold it
Hi ASHOK, not sure yet.. have good support at 4580. below this we can see 4500
Narayan Says:
September 2nd, 2009
Posted at: 5:05 pm
CB,
How s Bharti Shipyard @ CMP?
As per reports posted on many sites it has better chance of acquiring Great OFfshore?
What do you think wud be the prospects in either case if it acquires GO or it does not?
Narayan Says:
September 2nd, 2009
Posted at: 5:06 pm
Also is there an expected correction in Bharti Shipyard's price
Raghavan Says:
September 2nd, 2009
Posted at: 5:08 pm
Hi CB.. a couple of questions. Can I buy Birla Power for a period of six months to one year. Can it be a multibagger? Secondly, from the nse site i cant find information for the stock between 15 may to 23 august. was it delisted and relisted? If yes, is there a possibility that it might happen again or is it safe to invest?
CB Says:
September 2nd, 2009
Posted at: 5:09 pm
Hi Narayan, yes..bharti is likely to accquire it. bharati has resistance at 200..above this it can see 225. if the deal goes through it would be good for bharati shipyard.. it can come down to 180 if markets remain weak
CB Says:
September 2nd, 2009
Posted at: 5:10 pm
Hi Raghavan, yes..it can double within a yr..not sure of the delisting news.company is sound fundamentally..one can invest in it
Raghavan Says:
September 2nd, 2009
Posted at: 5:11 pm
Shall i just go at cmp. or shall i invest half now and keep the rest for averaging if a need arises.
CB Says:
September 2nd, 2009
Posted at: 5:12 pm
Hi Raghavan, invest 50% as of now..