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Intraday calls for 04-08-09

Posted on: August 4th, 2009 at 9:23 am

Buy Sterlite industries at 672, target: 684. Stoploss: 667

If markets show weakness later during the day, Sell: Mercator Lines.

Stocks to watch for breakouts –
Buy Voltas above 147, target: 153. Stoploss: 145.

Please trade in small quantity today.

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588 Responses

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Comment pages: 91011121314151617Show all

  1. Ramesh Says:
    August 4th, 2009
    Posted at: 11:10 am

    fine cb, any chance sterlite may come to 672 level today for intraday entry?


  2. CB Says:
    August 4th, 2009
    Posted at: 11:11 am

    Hi yash, buy 4600 put..sl 4730

    Hi Shyamal, its likely to

    Hi Diggi, no..


  3. DS Says:
    August 4th, 2009
    Posted at: 11:12 am

    Dear CB,

    Will DLF ever go up? It just remains constant both in falling and rising markets?

    Warm Regards,

    DS


  4. CB Says:
    August 4th, 2009
    Posted at: 11:12 am

    Hi Ramesh, if markets turn weak it may..dont buy it if it comes to 672 now.. shall post another call soon


  5. arun Says:
    August 4th, 2009
    Posted at: 11:12 am

    what u think of alston projects , tata steel , hdil,patni?
    i have all of them


  6. CB Says:
    August 4th, 2009
    Posted at: 11:13 am

    Hi DS, hold it for short term..if possible avg on dips in coming days


  7. raj kamal Says:
    August 4th, 2009
    Posted at: 11:13 am

    what may be target of alok i bought 2500 alok @ 21.20 for intraday ?


  8. Mayank Says:
    August 4th, 2009
    Posted at: 11:13 am

    Hi CB, what is the target of jp associate for intraday


  9. CB Says:
    August 4th, 2009
    Posted at: 11:14 am

    Hi arun, Alstom looks good and can see 570.. others are a hold for short term


  10. DS Says:
    August 4th, 2009
    Posted at: 11:14 am

    Dear CB,

    Your call about Bharat Forge today?I bought it @ 255...it was expected to go to 280. However now its fallen to 245 and is staying there. Should i book losses and exit or wait it out?

    Warm Regards,

    DS


  11. CB Says:
    August 4th, 2009
    Posted at: 11:15 am

    Hi raj kamal, around 22 if markets recover

    Hi Mayank, above 252 it can see 260


  12. Hemant Says:
    August 4th, 2009
    Posted at: 11:15 am

    Hi CB,
    Thank you very much. I sold TechM future at 880(had bought at 865). Can I re-enter it again? If yes, then at what levels? Any other calls for now please. How do you see Nifty panning out? Thank you.


  13. Sri Says:
    August 4th, 2009
    Posted at: 11:16 am

    Whats the target for DCHL today.


  14. CB Says:
    August 4th, 2009
    Posted at: 11:16 am

    Hi DS, Keep sl at 243 and hold it..its highly overbought stock.. it may consolidate for some time


  15. CB Says:
    August 4th, 2009
    Posted at: 11:17 am

    Hi Sri, Around 106


  16. Satish Says:
    August 4th, 2009
    Posted at: 11:17 am

    Dear CB, Please tell me how would Havells perform in short term? There is no much movement, is it a hold or exit?

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