Intraday calls for 05-03-09
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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VVDP Says:
March 5th, 2009
Posted at: 12:00 pm
SHALL I SHORT BOTH....AXIS BANK AND LIC HOUSING SIR
Raj Says:
March 5th, 2009
Posted at: 12:10 pm
Hi Cb, when is the good time to buy Rolta & Axis bank for short term ?
CB Says:
March 5th, 2009
Posted at: 12:11 pm
Hi VVDP, no.. SBI looks weakest in banks..
Hi Raj, definitely not now.. Lets wait for some more time.. maybe below 2500
hari123rocks Says:
March 5th, 2009
Posted at: 12:17 pm
some big party exists the stock around 90 levels and you never know their intention when they will the lasthammer this happened in case of core projects and opto circuit.best forget rolta at the moment and wait for a month.
Harvinder Says:
March 5th, 2009
Posted at: 12:18 pm
Hi CB,
Where this downfall is going to stop?
Harvinder Says:
March 5th, 2009
Posted at: 12:18 pm
Also is recovery expected today end of session?
CB Says:
March 5th, 2009
Posted at: 12:19 pm
Hi Harvinder, next support is at 2540.. below this I cannot say where Nifty could go.
CB Says:
March 5th, 2009
Posted at: 12:19 pm
Hi Harvinder, it seems unlikely now
VVDP Says:
March 5th, 2009
Posted at: 12:23 pm
WHAT COULD BE THE DOWN TARGET SIR...FOR SBIN
CB Says:
March 5th, 2009
Posted at: 12:29 pm
Hi VVDP, it can touch 920
Akila Says:
March 5th, 2009
Posted at: 12:32 pm
What the hell is happening to banking stocks? sir pl advise. i am just looking at the rates coming down but unable to book a loss, hoping for a bounce back.
Srinivas Says:
March 5th, 2009
Posted at: 12:33 pm
Hi CB, what about TechM ? hold or sell?
CB Says:
March 5th, 2009
Posted at: 12:34 pm
Hi Akila, All banking stocks look weak.. Dow futures also in red.. not sure if we would see a recovery..last hope would be European markets.. keep a sl.. dont hold if it comes below the stoploss
CB Says:
March 5th, 2009
Posted at: 12:35 pm
Hi Srinivas, hold it as of now
srv Says:
March 5th, 2009
Posted at: 12:37 pm
dear cb
what will be down side targert for icicibank for intraday.
Raj Says:
March 5th, 2009
Posted at: 12:37 pm
are we seeing some recovery here crossed 2600 ?