Intraday calls for 04-05-12
Markets likely to open lower. Support for nifty is at 5160.
Sell JSW Steel below 675, target: 662. Stoploss: 684 – (Book profit in JSW steel at 663)
If markets show recovery later during the day, buy: Essel Propack
12.59pm- buy 5100 pe at 102.50, target: 125. Stoploss: 5140 (spot)
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CB Says:
May 4th, 2012
Posted at: 10:21 am
Hi sunil, no, not yet. with markets going weak, it could see buying interest
Hi Madhes, its near 2020
Hi SS, yes, hold it.
G Says:
May 4th, 2012
Posted at: 10:21 am
cb, i m holding 2000 shares of NHPC since 36 levels. can i add another 1000 at current level? what's your advice for NHPC? i have no problem to stay invested in it if you see a bright future in 1-2 years or so.
SS Says:
May 4th, 2012
Posted at: 10:23 am
Hi CB,
Thanks...One question...With gold price movement what impact shd we see on Titan ? or, any linkage between the two ?
Subin Says:
May 4th, 2012
Posted at: 10:25 am
Thnks CB
Raj Says:
May 4th, 2012
Posted at: 10:26 am
Hi CB, i made a short call on JSW @ 674, now its trading arnd 666.9 (todays lowest). Will it fall more?
CB Says:
May 4th, 2012
Posted at: 10:26 am
Hi G, lets wait for some more time. markets are seeing selling pressure.
BDM Says:
May 4th, 2012
Posted at: 10:28 am
Seems u missed my query. "CB GM. What to do with Ashok Leyland. book loss or wait till @29 in future ?" Please advice
CB Says:
May 4th, 2012
Posted at: 10:28 am
Hi SS, no, not likely to have any considerable impact
Hi Subin, most welcome
Hi Raj, likely to. book near 662-664
Raj Says:
May 4th, 2012
Posted at: 10:29 am
Thanks CB
CB Says:
May 4th, 2012
Posted at: 10:29 am
Hi BDM, its a hold. near strong support levels. can expect a bounce in 1-2 days. hedge with a 5100 pe for now.
CB Says:
May 4th, 2012
Posted at: 10:30 am
Hi Raj, most welcome.
Karan Sharma Says:
May 4th, 2012
Posted at: 10:32 am
Hi,
Can i sell IFCI (Futures) @ CMP?
BIRJU Says:
May 4th, 2012
Posted at: 10:32 am
THANKS,
but nifty still very weak today what level it will touch
CB Says:
May 4th, 2012
Posted at: 10:33 am
Hi Karan Sharma, can test 38.50
Hi BIRJU, yes. can test 5130
BDM Says:
May 4th, 2012
Posted at: 10:34 am
ok thanx for ur advice
BIRJU Says:
May 4th, 2012
Posted at: 10:35 am
thanks i will wait till 5140