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Intraday calls for 03-08-09

Posted on: August 3rd, 2009 at 9:17 am

Markets likely to open flat. Nifty has strong resistance at 4700 levels.

Buy United Spirits (McDowell) above 1040, target: 1070. Stoploss: 1028
Buy Sterlite Industries India above 670, target: 695. Stoploss: 660

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499 Responses

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  1. DS Says:
    August 3rd, 2009
    Posted at: 12:35 pm

    Dear CB,

    Can one short Divs Lab @ 505 today?Its Intra day low is 405.


    Regards,

    DS


  2. arun Says:
    August 3rd, 2009
    Posted at: 12:36 pm

    it breaks 4620 now what to do?


  3. CB Says:
    August 3rd, 2009
    Posted at: 12:37 pm

    Hi DS, no..not yet.. 405 might be a flash

    Hi arun, one can short Nifty..sl 4650


  4. CB Says:
    August 3rd, 2009
    Posted at: 12:40 pm

    Hi jigar, thanks.. never mind.. will surely have many more breakouts


  5. DS Says:
    August 3rd, 2009
    Posted at: 12:40 pm

    Dear CB,

    I meant its 450 and not 405.

    Warm Regards,

    DS


  6. Vinay Says:
    August 3rd, 2009
    Posted at: 12:40 pm

    Hi CB,

    I purchased 50 shares or Essar Oil @154. Was this it a good move and whats the future of this counter.


  7. venkat Says:
    August 3rd, 2009
    Posted at: 12:41 pm

    Sir ABN Today target and short term target please. I had purchased 10 shares each at 980, 1010 and 1162. Pls. advise.


  8. anwer Says:
    August 3rd, 2009
    Posted at: 12:41 pm

    How is Patni comp for one week, at target I can sell PATNI & Unitech


  9. Satheesh Kuna Says:
    August 3rd, 2009
    Posted at: 12:42 pm

    Hi,
    Can any one reply what do you mean by DIP?


  10. Sri Says:
    August 3rd, 2009
    Posted at: 12:43 pm

    Whats the target by the end of this week


  11. CB Says:
    August 3rd, 2009
    Posted at: 12:43 pm

    Hi DS, ok..dont go short on it yet

    Hi Vinay, yes.. its a good bet.. it can see 190 in med term

    Hi venkat, short term it can see 1250..hold onto it

    Hi anwer, dont enter it now.its run up a lot


  12. PADMA Says:
    August 3rd, 2009
    Posted at: 12:43 pm

    I bough sundarm fastners @38.45. how is this stock? what will be its target price in this week?


  13. anwer Says:
    August 3rd, 2009
    Posted at: 12:43 pm

    CB
    After result can I expect any up movement on Rolta now it is not moving


  14. CB Says:
    August 3rd, 2009
    Posted at: 12:44 pm

    Hi Satheesh Kuna, around 7-10% lower

    Hi Sri, can add 7-10%


  15. CB Says:
    August 3rd, 2009
    Posted at: 12:45 pm

    Hi PADMA, Not sure about it

    Hi anwer, not sure how the results would be.hold it..it is looking good technically


  16. Abhi Says:
    August 3rd, 2009
    Posted at: 12:45 pm

    Hi CB...plz tell me..Can i avrg suzlon now?

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