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Intraday calls for 05-03-09

Posted on: March 5th, 2009 at 9:33 am

Buy Tech Mahindra at 251, target: 260. Stoploss: 247
Buy Gati at 38.45, target: 41. Stoploss: 37.70

If markets show weakness later during the day, short sell: BHEL

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127 Responses

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  1. CB Says:
    March 5th, 2009
    Posted at: 10:21 am

    Hi deba, hold them for some more time... if possible avg on dips if Nifty goes below 2500

    Hi Divyesh, chances are we end in green


  2. hari123rocks Says:
    March 5th, 2009
    Posted at: 10:23 am

    unless the clear pictue about stopping of selling by foreign investors emerges taking long bets may be counterproductive.stockwise selection at present is more important


  3. Divyesh Says:
    March 5th, 2009
    Posted at: 10:30 am

    Hi Cb Reason for market in red, when europe, us and asia market are improve


  4. CB Says:
    March 5th, 2009
    Posted at: 10:37 am

    Hi hari123rocks, yes.. thats right..

    Hi Divyesh, not sure.. overall markets look weak and also not much buying interest in markets. FII's net sellers daily..


  5. Prakash Says:
    March 5th, 2009
    Posted at: 10:38 am

    CB missed out Budget rally< i m holding JP bought at 74 shall i sell off in this rally or should i hold for a little longer time as near tirm market looks to be weak


  6. CB Says:
    March 5th, 2009
    Posted at: 10:39 am

    Hi Prakash, yes.. exit it on this rally.. markets look weak and could see 2500 if we break 2610 on the downside..


  7. hilay Says:
    March 5th, 2009
    Posted at: 10:49 am

    hi CB, buy for icici bank, axis bank, tata steel and firstsource???


  8. CB Says:
    March 5th, 2009
    Posted at: 10:51 am

    Hi hilay, if you are looking for short term, then no..wait for some more time..


  9. Rajesh Says:
    March 5th, 2009
    Posted at: 10:57 am

    Thanks Cb booked profits in Tech Mahindra at 257.


  10. Divyesh Says:
    March 5th, 2009
    Posted at: 11:03 am

    techm is trading @ 254 should i buy some more


  11. Divyesh Says:
    March 5th, 2009
    Posted at: 11:04 am

    morning purchase @ 253.40


  12. hilay Says:
    March 5th, 2009
    Posted at: 11:05 am

    hi CB, evinix is @ 1.92? buy or wait?


  13. Akila Says:
    March 5th, 2009
    Posted at: 11:07 am

    Sir,
    Accumulated icici, kotak and pnb at 296. 227 and 303 (for intraday). is market likely to bounce atleast once during the day


  14. CB Says:
    March 5th, 2009
    Posted at: 11:10 am

    Hi Rajesh, most welcome..

    Hi Divyesh, no.. dont buy more.. hold it.

    Hi hilay, wait..

    Hi Akila, Nifty has good support at 2610.. we might see some bounce from this level. hold them with a sl at 2610 on Nifty


  15. TARUN Says:
    March 5th, 2009
    Posted at: 11:10 am

    can i short bhel now ??


  16. CB Says:
    March 5th, 2009
    Posted at: 11:12 am

    Hi TARUN, Go short if Nifty breaks 2610

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