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Intraday calls for 04-02-10

Posted on: February 4th, 2010 at 8:15 am

Markets likely to open flat.. Resistance for nifty is at 4970

Buy Castrol India Ltd at 645.60 target: 663. Stoploss: 634.

9.54am – buy mindtree at 607 target 618-620.. sl 597 (SL triggered)

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572 Responses

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  1. Raj Says:
    February 4th, 2010
    Posted at: 4:32 pm

    Hi CB have bought yest bank @ 249.25 2 lots where can i square it tomorrow??


  2. Bull Says:
    February 4th, 2010
    Posted at: 4:35 pm

    Hi , CB.. i am stuck in Indiabulls avg buy price 206 .. pls suggest to book huge loss, or to avg ?


  3. CB Says:
    February 4th, 2010
    Posted at: 4:36 pm

    Hi Raj, they did see good accumulation around 250..also with fpo priced at 269. it can see a good bounce once markets settle.


  4. CB Says:
    February 4th, 2010
    Posted at: 4:38 pm

    Hi Bull, we will need to hold it a little longer.. yes, if possible avg once nifty settles.


  5. Bull Says:
    February 4th, 2010
    Posted at: 4:39 pm

    Sure CB.. thanks for your time and help buddy.


  6. CB Says:
    February 4th, 2010
    Posted at: 4:40 pm

    Hi Bull, most welcome..


  7. Arun Karthik Says:
    February 4th, 2010
    Posted at: 4:43 pm

    Thanks Karthik..


  8. HARSHIT Says:
    February 4th, 2010
    Posted at: 4:44 pm

    hi cb... stuck in 5000ce shud i hold it or book loss...??


  9. Arun Karthik Says:
    February 4th, 2010
    Posted at: 4:45 pm

    Hi Karthik,

    One general query.. Whom do you mean by saying as 'Operators'.. If a stock is brought up or down by them, does it implies that they have control over the market and can gains in both ways??


  10. CB Says:
    February 4th, 2010
    Posted at: 4:51 pm

    Hi Arun Karthik, most welcome.. they are people or a group who invest large sums of money in a stock and take the price higher/lower depending on their needs.. some of them are cals ref, shree precoated which were previously operator driven

    Hi HARSHIT, hold it with strict sl at 4800


  11. sri Says:
    February 4th, 2010
    Posted at: 5:01 pm

    Hi CB...........which stocks can be purchased for 2/3 months period and give a decent return?


  12. CB Says:
    February 4th, 2010
    Posted at: 5:08 pm

    Hi sri, go with gmdc ,sel man and axis bank on dips.


  13. Arun Karthik Says:
    February 4th, 2010
    Posted at: 5:18 pm

    Thanks CB.. Is there any way to find a stock which these operators are planning to take up or down so that we can take positions accordingly? :)


  14. pradip Says:
    February 4th, 2010
    Posted at: 5:21 pm

    Hi CB/Kartik,
    What happens when open interest of a particular strike price increases ? can we conclude from it that the share price will soon reach that strike price and settle there??


  15. rashid Says:
    February 4th, 2010
    Posted at: 5:23 pm

    sir,holding sail at 214.........whats your view on it as market can slide further.......already in loss in other stocks.


  16. sanzy Says:
    February 4th, 2010
    Posted at: 5:24 pm

    i'm holding 4900CE @ 100..what to do...

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