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Intraday calls for 02-12-10

Posted on: December 2nd, 2010 at 8:31 am

Markets likely to open gap up, next resistance at 6080

Buy Glenmark Pharma at 363, Target: 368-370, SL 358 – (Book profits around 375)

12.00pm – buy sesa goa 300 put at 12.80 target: 16. Stoploss: 308-309 – (continue to hold till tomorrow)

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616 Responses

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  1. KP Says:
    December 2nd, 2010
    Posted at: 8:33 am

    Good Morning CB


  2. Ashok Says:
    December 2nd, 2010
    Posted at: 8:35 am

    Gm cb i have pondy oxide and fcs soft. Whts r u suggesting for today


  3. Kartik Says:
    December 2nd, 2010
    Posted at: 8:35 am

    Hi KP, Good morning

    Hi Ashok, they can add another 3-4% today, if possible hold them for Mid/Long term


  4. sandeep Says:
    December 2nd, 2010
    Posted at: 8:36 am

    cb..........gumornin...........Wats ur view on NESTLE and PROCTOR& GAMBLE? can we buy them at current prices for 5% upmove as markets are strong? Can we short LIC at 1100 or buy PUTS for the current series?


  5. rashid Says:
    December 2nd, 2010
    Posted at: 8:36 am

    can i buy ioc as its fpo rate is 450 and cmp is 390


  6. Kartik Says:
    December 2nd, 2010
    Posted at: 8:38 am

    Hi rashid, yes, you may enter it in small quantity till its FPO hits the Market


  7. cvrprakash Says:
    December 2nd, 2010
    Posted at: 8:40 am

    Good Morning CB,

    Please give me 3-5 shares which are fundamentally strong and have good earning potential in 2011-12. I'll accumulate those shares when ever I can.
    Thanks in advance.


  8. Kartik Says:
    December 2nd, 2010
    Posted at: 8:40 am

    Hi Kb, Good morning, he's out, will be back soon


  9. Kartik Says:
    December 2nd, 2010
    Posted at: 8:40 am

    Hi cvrprakash, SmartLink, Jasch and Axis Bank look goo

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