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Intraday calls for 04-05-09

Posted on: May 4th, 2009 at 9:24 am

Buy HDFC bank above 1145, target: 1175. Stoploss: 1132.

If markets show weakness, short sell: Aban offshore.

If Nifty manages to close above 3530, we can expect more upside in coming days

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210 Responses

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Comment pages: 67891011121314Show all

  1. CB Says:
    May 4th, 2009
    Posted at: 3:16 pm

    Hi vvdp, HDFC bank looks good...

    Hi kartik, wait for some more time before buying BOI


  2. SAND Says:
    May 4th, 2009
    Posted at: 3:20 pm

    is BOI a BTST call


  3. CB Says:
    May 4th, 2009
    Posted at: 3:21 pm

    Hi SAND, no.. HDFC bank has given a breakout above 1175


  4. kartik Says:
    May 4th, 2009
    Posted at: 3:23 pm

    cb.............can we buy boi and educomp for btst?


  5. CB Says:
    May 4th, 2009
    Posted at: 3:25 pm

    Hi kartik, no..


  6. SAND Says:
    May 4th, 2009
    Posted at: 3:30 pm

    ABB not moving at all.. whats the reason CB


  7. Deepak Says:
    May 4th, 2009
    Posted at: 3:32 pm

    Dear CB

    I have taken IDFC at 85 today. What is your view on it for next 2 to 3 days.

    Regards
    Deepak


  8. hilay Says:
    May 4th, 2009
    Posted at: 3:32 pm

    Hi CB, how will be the market tomorrow????


  9. ksk Says:
    May 4th, 2009
    Posted at: 3:33 pm

    Hi CB,hv jpassociate @130 target to book profit???


  10. CB Says:
    May 4th, 2009
    Posted at: 3:34 pm

    Hi SAND, it is facing resistance at 500 levels.. should see an upmove once it crosses it

    Hi Deepak, looks good tecnically..can touch 92 in 2-3 days


  11. CB Says:
    May 4th, 2009
    Posted at: 3:34 pm

    Hi hilay, likley to be positive

    Hi ksk, yes..book profits tomorrow


  12. Deepak Says:
    May 4th, 2009
    Posted at: 3:38 pm

    Thanks a lot CB. Can you please see BirlaCorp on charts. It did look good but the volumes were not attractive today and did not move up at all


    Regards
    Deepak


  13. gautam Says:
    May 4th, 2009
    Posted at: 3:46 pm

    Good evening CB... What about ICICI tomorrow?


  14. MURALI Says:
    May 4th, 2009
    Posted at: 6:58 pm

    Hi CB, what is the immediate target for Adani Enterprises and RCOm


  15. senthil Says:
    May 4th, 2009
    Posted at: 11:43 pm

    hai CB!
    i have 1 year of exp in this stock market,normally when market opens with
    gapup opening.i used to do short sell,since the raise is not proper,it will
    come down,but how to judge that which is the right time to do short sell.?
    can u please explain to me.


  16. CB Says:
    May 5th, 2009
    Posted at: 12:52 am

    Hi Deepak, technically its looking good..it can add 10-15% in short term

    Hi gautam, it has some resistance at 540. above this it can touch touch 580

    Hi MURALI, Adani can touch 500 and Rcom can head upto 260

    Hi senthil, it depends..today we opened above resistance level of 3530 and managed to trade above it for some time... Technically this was bullish for the markets and hence markets continued to move higher.. Next resistance is higher at 4000 levels..

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