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Intraday calls for 05-01-09

Posted on: January 5th, 2009 at 9:14 am

Markets likely to see a gap up opening.
Buy SREI Infrastructure above 46.20 for a target of 48.50. Stoploss: 45.

If we see profit booking later during the day, short sell: BHEL

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188 Responses

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  1. CB Says:
    January 5th, 2009
    Posted at: 1:19 pm

    Hi snt, Nether of them are buys as of now.. selling pressure is high on both.. Rcom could be bought above 261 it can touch 266. sl 258.

    Hi Raj, No buddy.. Selling is way to high.. even if you look at the buy/sell ratio its 35 lacs to 8 lacs


  2. amit Says:
    January 5th, 2009
    Posted at: 1:23 pm

    Hi cb! cb following upmove in us markets, thay may fall tomorrow as they are continuously up for many days. So is it right to buy abb for short term as markets may fall tomorrow for above reason.
    If yes, can i buy abb now at 516 levels.


  3. CB Says:
    January 5th, 2009
    Posted at: 1:23 pm

    Hi rohit, not sure about LIC..

    Hi snt, yes, if market remain positive


  4. Raj Says:
    January 5th, 2009
    Posted at: 1:23 pm

    pls advise me i brought suz for 67.35 on last Friday shall i hold or sell ?


  5. RAJESH SHENOI Says:
    January 5th, 2009
    Posted at: 1:25 pm

    i have exited on minifty feb@ 3080 (gone short @3100),short @3080 is still ther


  6. rohit Says:
    January 5th, 2009
    Posted at: 1:26 pm

    cb can i buy gvk now. whats the trgt and sl


  7. amit Says:
    January 5th, 2009
    Posted at: 1:28 pm

    Hi cb! cb following upmove in us markets, thay may fall tomorrow as they are continuously up for many days. So is it right to buy abb for short term as markets may fall tomorrow for the above said reason.
    If yes, can i buy abb now at 516 levels.


  8. Nren Says:
    January 5th, 2009
    Posted at: 1:33 pm

    I m holding Jan future DCB, Petronet and Unitech @ 24, 42 and 49.80 respectively. What should I do?


  9. CB Says:
    January 5th, 2009
    Posted at: 1:38 pm

    Hi Raj, I would advice to exit on any rise..

    Hi RAJESH SHENOI, ok.. hold it.with a sl at 3105..

    Hi rohit, no, dont buy now..

    Hi amit, US futures are flat.. no sure how they would close.. lets wait and see..

    Hi Nren, hold it as of now. if we go below 3075 then exit from them..


  10. CB Says:
    January 5th, 2009
    Posted at: 1:43 pm

    Hi serenity, Don't go for them now


  11. srini Says:
    January 5th, 2009
    Posted at: 1:44 pm

    hi CB,any fresh calls??


  12. CB Says:
    January 5th, 2009
    Posted at: 1:45 pm

    Hi srini, one can go short on Indiabulls real estate at 150.50 it can come down to 146.. strict sl 152


  13. rohit Says:
    January 5th, 2009
    Posted at: 1:48 pm

    markets has picked some momentum now. So will abb will also pick momentum and is it the right pick now for very short term.
    Thanks for help!


  14. CB Says:
    January 5th, 2009
    Posted at: 1:50 pm

    Hi rohit, yes, ABB technically looks good above 497 and will do good if markets remain positive


  15. rohit Says:
    January 5th, 2009
    Posted at: 1:52 pm

    ok cb bot abb 100 @ 514


  16. CB Says:
    January 5th, 2009
    Posted at: 1:53 pm

    Hi rohit, ok.. hold it

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