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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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  1. CB Says:
    May 4th, 2009
    Posted at: 9:28 am

    Hi RAJUGHURU, Good morning..

    Hi samyak, above 237 BOI can touch 245.. Markets will open with a gap up..

    Hi Deepak, Good morning


  2. Raj Says:
    May 4th, 2009
    Posted at: 9:29 am

    Good moring CB, whats your view on Suzlone for next Few days.? heard suzlone has some finanical problems.. pls suggest me the exit price (Major resistance )


  3. CB Says:
    May 4th, 2009
    Posted at: 9:30 am

    Hi Raj, Good morning.. Resistance remains at 69-70. if it manages to close above it, it can touch 85.. you may exit on rise around 68-69 and buy again above 73.


  4. deba Says:
    May 4th, 2009
    Posted at: 9:31 am

    i am thinking of crainas intraday & suzlon as short term to buy
    what is your view ?
    please suggest the target and stoploss for that


  5. samyak Says:
    May 4th, 2009
    Posted at: 9:32 am

    CB, a question about Hitachi...I have purchased it at 53, when it showed some really good signs. But now seems like it has a resistance at 53! Can it get me 6-7% if I wait for one more week. Right now it's at 49


  6. CB Says:
    May 4th, 2009
    Posted at: 9:33 am

    Hi deba, Buy for short term if Nifty is heading for a close above 3530.. We might see an opening above this level but we manage to hold it or not is to be seen.. Cairn can be bought for intra. it has support at 179


  7. harshit Says:
    May 4th, 2009
    Posted at: 9:33 am

    hello sir, i m new at this site so i don't know any rules if u have
    just give me answer what is sgx nifty today?


  8. Raj Says:
    May 4th, 2009
    Posted at: 9:34 am

    Hi CB, your views on BANKBARODA


  9. CB Says:
    May 4th, 2009
    Posted at: 9:34 am

    Hi samyak, Hitachi is moving in a range of 40-60.. it has good support at 46..hold it as of now.. it can touch 60 if markets remain positive


  10. CB Says:
    May 4th, 2009
    Posted at: 9:35 am

    Hi harshit, its was up 120 points some time before..


  11. dd Says:
    May 4th, 2009
    Posted at: 9:35 am

    Hi CB Ivrcl falled from its high of 185 to 155 last day, if markets are in uptrend whether we can expect it to reach again 185?


  12. samyak Says:
    May 4th, 2009
    Posted at: 9:35 am

    Thanks CB.


  13. S.K. Says:
    May 4th, 2009
    Posted at: 9:37 am

    G.M. C.B. 2DAY WE DEFINTLY SEE GAP UP OPENENING DO U THINK MAJOR PROFIT BOOKINGS CAN COME ?? PLZ ADVICE. UR VIEW ON UNITECH FOR SHORT TERM (IF IT TRADES ABOVE 47 DECIVELY).


  14. CB Says:
    May 4th, 2009
    Posted at: 9:38 am

    Hi Raj, it has resistance at 340..above this it can touch 380

    Hi dd, yes, hold it..markets are likley to move higher..

    Hi samyak, most welcome


  15. Raj Says:
    May 4th, 2009
    Posted at: 9:38 am

    CB, Can i buy HCL tech for short term? some news is there it seems on this counter? any idea?


  16. CB Says:
    May 4th, 2009
    Posted at: 9:39 am

    Hi S.K., if we manage to hold 3530 after gap up opening we will move higher to 3700 in short term.. Unitech can be bought above 47..

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