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Intraday calls for 04-07-14

Posted on: July 4th, 2014 at 8:32 am

Markets likely to open flat. Resistance for nifty is at 7750 and support at 7680.

Buy Indian Overseas bank at 83.35, target: 87. Stoploss: 81.50 – (Continue to hold IOB for BTST)

Thought for the day: I have not failed. I’ve just found 10,000 ways that won’t work. ~Thomas A. Edison

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498 Responses

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  1. Raushan Says:
    July 6th, 2014
    Posted at: 2:43 am

    cb sir holding mcload russle 100@317
    but its not mooving and vollume is also going low
    its AGM on 23july should i wait till Result &Agm or book only 1%profit


  2. trade4444 Says:
    July 6th, 2014
    Posted at: 8:56 am

    Dear CB,

    What are the Cyclical stocks, Pls ?


  3. Hiten Says:
    July 6th, 2014
    Posted at: 9:06 am

    GO FOR BOMBAY DYING @ 82 UFLEX @ 129.5 & EXCEL IND @ 205 FOR DECENT GAIN IN NEXT WEEK. BOOK PROFIT IN CHAMBAL FERTILIZER.


  4. CB Says:
    July 6th, 2014
    Posted at: 10:46 am

    Hi prabhu, sure

    Hi Raushan, most welcome. book in Apollo near 1050. mcleod above 322 can test 332

    Hi trade4444, hope this helps: http://www.investopedia.com/terms/c/cyclicalstock.asp

    Hi Hiten, thanks.


  5. trade4444 Says:
    July 6th, 2014
    Posted at: 11:03 am

    Dear CB,

    which is better - MTNL or Tata Power for say 1 year term ?


  6. CB Says:
    July 6th, 2014
    Posted at: 12:10 pm

    Hi trade4444, MTNL has already rallied quite a bit. can add some of Tata power for now.


  7. taj Says:
    July 6th, 2014
    Posted at: 12:18 pm

    gm cb sir,

    will nifty cross 7800 monday and opening view plz,us market closed indian market weekend monday buying will come so plz share im holding 7800 ce 2 lots and nifty pe 7700 if gap up means i can exit ce.

    thanks in advance


  8. CB Says:
    July 6th, 2014
    Posted at: 12:45 pm

    Hi taj, Good morning. as of now seems may open flat. shall hold these till the budget session. markets are likely to remain volatile.


  9. mk Says:
    July 6th, 2014
    Posted at: 12:57 pm

    FRL target for this week?


  10. Varun Soni Says:
    July 6th, 2014
    Posted at: 12:59 pm

    Hey CB can Tata Motors be shorted for tomorrows trade?


  11. TAPAN Says:
    July 6th, 2014
    Posted at: 2:29 pm

    CB Sir, long term TATA POWER , UNITECH, JINDAL STEEL & POWER, BRITANNIA target price plzzzzzz


  12. Raushan Says:
    July 6th, 2014
    Posted at: 3:48 pm

    cb sir APOLLO HOSPITAL IS AT 1061 and i think its charts is still looking good
    sir can i get price of 1080-1090
    pls guide me sir


  13. CB Says:
    July 6th, 2014
    Posted at: 3:54 pm

    Hi mk, can test 142

    Hi Varun Soni, no, its going strong

    Hi TAPAN, these are good long term bets. can add another 25-30%


  14. CB Says:
    July 6th, 2014
    Posted at: 3:54 pm

    Hi Raushan, yes, does look good. hold it.


  15. ajay Says:
    July 6th, 2014
    Posted at: 4:39 pm

    Hi CB, Is it true all sectors will be affected in Budget meetings? Can we trade in this coming week safely?


  16. yuvaraj Says:
    July 6th, 2014
    Posted at: 4:58 pm

    sir i am your claint. crompton greves monday target

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