Intraday calls for 02-12-13
Markets likely to open flat. Support for nifty is at 6140 and resistance at 6190
Buy Power finance corporation at 159.20, target: 165. Stoploss: 156.50 – (Book profit in PFC at 163.10)
10.57am – Buy Jindal steel and power at 268, target: 275. Stoploss: 264 – (Continue to hold Jindal steel)
3.14pm – Book profit in JSW steel at 935
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CB Says:
December 2nd, 2013
Posted at: 11:14 am
Hi Prathmesh, most welcome.
S H Says:
December 2nd, 2013
Posted at: 11:16 am
Thanks Sir,
sanjay Says:
December 2nd, 2013
Posted at: 11:17 am
hey what can be the intraday target for NMDC?
CB Says:
December 2nd, 2013
Posted at: 11:17 am
Hi S H, most welcome.
CB Says:
December 2nd, 2013
Posted at: 11:18 am
Hi sanjay, its a hold. can see 136.50
ND Says:
December 2nd, 2013
Posted at: 11:21 am
Hi Sir,
Please suggest tata motors target for intraday ... I bought @398
CB Says:
December 2nd, 2013
Posted at: 11:22 am
Hi ND, can test 405. sl near 397 (spot)
CB Says:
December 2nd, 2013
Posted at: 11:22 am
ill be back in 30min
avi Says:
December 2nd, 2013
Posted at: 11:25 am
what about powfin today sir
dr sharma Says:
December 2nd, 2013
Posted at: 11:31 am
CB shall I put s/l @ 64? its falling down
Jaspreet Says:
December 2nd, 2013
Posted at: 11:33 am
Hi avi,
PFC has lot of supply around from 162-168, I would take some profits and let some run but this is critical area and lots of shorting can take place here.
Ezhil Says:
December 2nd, 2013
Posted at: 11:37 am
Target of Jindal Steel for today?
dr sharma Says:
December 2nd, 2013
Posted at: 11:46 am
262.7 what shall I do? hold from now or ???
SS Says:
December 2nd, 2013
Posted at: 11:46 am
Hi CB, Jindal is Rs.4 down from my buy price...do u suggest to hold or exit ?
Jaspreet Says:
December 2nd, 2013
Posted at: 11:54 am
Hi SS,
JINDALSTEL was a breakout play which are one of the riskiest trades. You need to define your risk before you all got into the trade. So if we have met that risk, accept the loss. As far as Swing entry for long: 248-251 is a good buy. Around 277 lies lot of supply and chances of shorting there are high so protect your longs there.
Kartick Says:
December 2nd, 2013
Posted at: 11:56 am
CB .. bought DISHMAN ... @ 84 .. what is the holding period?