Intraday calls for 02-12-08

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Intraday calls for 02-12-08

Posted on: December 2nd, 2008 at 9:23 am

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Markets likely to see a huge gap down opening.
Short sell: DLF and ICICI bank (below 315).

If markets see recovery later during the day, buy: Punj Lloyd.

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68 Responses

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Comment pages: 123 4 5 Show all

CB Says:
December 2nd, 2008
Posted at: 10:04 am
Hi Amit, thanks Amit...
Jilani Says:
December 2nd, 2008
Posted at: 10:10 am
Thanks Amit and CB
Vaibhav Wavade Says:
December 2nd, 2008
Posted at: 10:38 am
Can i go short on DLF @ 171.50...pls advice
TP Says:
December 2nd, 2008
Posted at: 10:38 am
Hi CB any Call at this time
Divyesh Says:
December 2nd, 2008
Posted at: 10:39 am
Hi Cb : yesterday purchase reliance capital and forgetten to square up or not given to SL (what has to be done today should hold or sell)
CB Says:
December 2nd, 2008
Posted at: 10:42 am
Hi Vaibhav Wavade, If Nifty breaks 2600, go short.
Hi TP, If Nifty goes below 2600 you could short DLF..
Hi Divyesh, Reliance capital is looking good and is one of the most oversold stocks.. If possible hold it for short term and exit once it shows an upmove..
Divyesh Says:
December 2nd, 2008
Posted at: 10:50 am
Hi CB please advise can we invest in GVK Pil & Unitech
Chenna Says:
December 2nd, 2008
Posted at: 10:52 am
Hello CB
Any calls open?
thanks
Chenna
CB Says:
December 2nd, 2008
Posted at: 10:54 am
Hi Divyesh, GVK is a good investment bet. dont buy it at cmp, buy it on dips..
Hi Chenna, If nifty comes below 2600 now, short sell DLF..
Divyesh Says:
December 2nd, 2008
Posted at: 10:56 am
Hi CB what about unitech
CB Says:
December 2nd, 2008
Posted at: 11:06 am
Hi Divyesh, Don't buy Unitech. All real estate stocks look weak and will not do well in short/med term. Also technically looking weak..can touch 18-20
serenity Says:
December 2nd, 2008
Posted at: 11:09 am
HI CB, how about buying Essar oil?
harsh Says:
December 2nd, 2008
Posted at: 11:09 am
hi CB
harsh Says:
December 2nd, 2008
Posted at: 11:09 am
any call
CB Says:
December 2nd, 2008
Posted at: 11:11 am
Hi serenity, no, Essar oil is trading at high valuations.. it could correct further..
Hi harsh, As of now no calls..
serenity Says:
December 2nd, 2008
Posted at: 11:13 am
Thanks, do you think Punj Lloyd has bottomed out?