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Intraday calls for 04-06-09

Posted on: June 4th, 2009 at 9:18 am

Markets likely to open weak.. Nifty has good support at 4450-4480.

Once markets show signs of recovery buy GMR infra and Biocon.

One may buy GMR infra for short term target of 210.

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556 Responses

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  1. Pradip Says:
    June 4th, 2009
    Posted at: 4:55 pm

    hi CB ,
    First source solutions seems to be stagnant at 27-28 levels, wats the future of the share ?any target ?


  2. Joshi Says:
    June 4th, 2009
    Posted at: 5:03 pm

    Hi CB, Essar Oil closed @ 187/- today. Whats ur opinion on this - Target & SL?


  3. RANA Says:
    June 4th, 2009
    Posted at: 5:22 pm

    hi patienceful & Akash,
    in india middle class indian's monthly income arnd 15000-20000inr/month.if u follow cb's guide with initial trading amt25000/-& a lot of 100 shares buying & selling with a stiff s/l
    one can earn daily 700-1000 rs.let one day u r in loss but u can overcome by another day.there are arnd 20 days of trading days & by following of tips u can earn a very significant amnt.pls dont try to become a slumdogkarorepati bcos in dalal street there were nobody become slumdogcrorepati.
    just try this way of trading & after 6 mnth period u will have just 4 times of u r money.


  4. patienceful Says:
    June 4th, 2009
    Posted at: 5:36 pm

    thanks Rana for your suggestions.
    however, to tell you first, I don't have time to do the trading on daily basis. I can only access my trading site till 11.30 am. after that, my work doesn;'t allow me to pay any attention on markey.
    this is the reason why I try to invest for short term, and get some profit.


  5. Vinesh Says:
    June 4th, 2009
    Posted at: 5:49 pm

    Hi CB, why is market not correcting, everytime market fell by 2 percent and recovers and comes to same level? I think some sort of correction is necessary for consolidation.
    Whats your target for Nifty for June series.


  6. m Says:
    June 4th, 2009
    Posted at: 6:27 pm

    is satyam a buy at these levels..anyone here to suggest?
    sir i also bought kaashyap today whats your 2 weeks target for it


  7. m Says:
    June 4th, 2009
    Posted at: 6:54 pm

    sir jee whenever u come please do tell about target of kaashyap...entered on ur advice and it is up today.whats the target for 2 weeks sir.thank you


  8. CB Says:
    June 4th, 2009
    Posted at: 7:18 pm

    Hi Akash, JP hydro can head upto 105 if markets remain positive.. Yes accumulate Karuturi on dips

    Hi m, Buy and hold GMR infra and IVRCL infra for short term..they will give good returns. .Satyam is a buy for short term..it can see 85+. Kaashyap can add 15%

    Hi patienceful, most welcome.. Invest some in Punj lloyd and Ispat ind if it manages to cross 30.. Yes, short term will give you good returns.

    Hi Rams, not sure about 100.. but it can add 15-20% by monthend

    Hi RK, its run up a lot from lows of 1.5. would be risky to enter now.. if you plan to hold for long term, buy it..it can see 7-8rs

    Hi Pradip, It can head upto 33 in short term

    Hi Joshi, it is facing strong resistance at 190. once it crosses this level it can head upto 210

    Hi RANA, thanks..

    Hi Vinesh, guys who were left out in the rally are buying on every dip.. once FII's start selling we wil see levels of 4300.. as of now sentiment is positive and might be so this month


  9. m Says:
    June 4th, 2009
    Posted at: 7:37 pm

    sir what about decolight..10% up today..enter or wait?


  10. CB Says:
    June 4th, 2009
    Posted at: 7:40 pm

    Hi m, for long term it can be entered now..


  11. Kartheek Says:
    June 4th, 2009
    Posted at: 7:47 pm

    CB, please suggest with some delivery scripts for short term..


  12. m Says:
    June 4th, 2009
    Posted at: 7:48 pm

    sir there are two more scripts..triton corp and tricom..do you have any idea about their targetsas of now?


  13. TARUN Says:
    June 4th, 2009
    Posted at: 8:16 pm

    hi CB, wat abt kandhari @ 120. shall i sell or hold..?


  14. CB Says:
    June 4th, 2009
    Posted at: 8:37 pm

    Hi Kartheek, Buy GMR infra and IVRCL infra for short term

    Hi m, I am not sure about them

    Hi TARUN, not tracking that one..


  15. Anil Says:
    June 4th, 2009
    Posted at: 8:48 pm

    HI CB,

    Could you pl let us know about GMR Infra, TV 18 & Tata Steel. I took @178, 159 & 472 respectively. Pl do your comments and expectations....

    Regards
    Anil


  16. m Says:
    June 4th, 2009
    Posted at: 8:58 pm

    sir i hv been asking a lot of questions.please dont mind.whts ur take on pg foils?

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