Intraday calls for 06-02-09
Markets likely to open higher. Nifty has resistance at 2840 and support at 2750.
Buy Shipping Corporation of India at 83.15, target: 88. Stoploss: 81
If markets show weakness later during the day, short sell: Aurobindo Pharma below 129.
There is a rumor that markets will see a surprise rally next week though technically markets look weak.
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CB Says:
February 6th, 2009
Posted at: 1:09 pm
Hi Murali, no.. hold till 2-3pm..
Anil Says:
February 6th, 2009
Posted at: 1:11 pm
JP is down to 69. Any chance to come up again?
CB Says:
February 6th, 2009
Posted at: 1:13 pm
Hi Anil, yes. Nifty testing 2840. .once it breaks markets will see a good upmove..
koti Says:
February 6th, 2009
Posted at: 1:20 pm
CB
Can u send the link whr u seen Eicher has did BUY BACK COMPANY
Pls pls pls
pramodjain Says:
February 6th, 2009
Posted at: 1:22 pm
I HOLD JANDAL SAW@265 &DLF@198
CB Says:
February 6th, 2009
Posted at: 1:27 pm
Hi koti, sure.. http://profit.ndtv.com/2009/02/04231220/Eicher-Motors-to-start-share-b.html and http://www.moneycontrol.com/india/news/business/eicher-motors-offers-buyback-14l-shares-at-rs-691/sh/08/15/383625
Hi pramodjain, hold them for med term. both are sound companies fundamentally..
sripal Says:
February 6th, 2009
Posted at: 1:38 pm
HI CB
RELINFRA LOOKING GOOD OR WEAK
CB Says:
February 6th, 2009
Posted at: 1:40 pm
Hi sripal, small resistance at days high around 546..
Srinivas Says:
February 6th, 2009
Posted at: 1:46 pm
All European Markets in Green... NIFTY 2841 & rising
Sachin Says:
February 6th, 2009
Posted at: 1:47 pm
You good at technicals man. Nifty just not ready to cross 2840! hope it does it soon. holding some stocks
K K Says:
February 6th, 2009
Posted at: 1:47 pm
Hi CB, how would be feb. month for DLF
CB Says:
February 6th, 2009
Posted at: 1:49 pm
Hi Srinivas, yes..
Hi Sachin, thanks..
Hi K K, DLF has found good support at 120-125 levels.. if markets rally, it could give good returns..
Harvinder Says:
February 6th, 2009
Posted at: 1:50 pm
CB
what is your current view of market rally after 2-3 days fall and today's rally?
rajnish kumar Says:
February 6th, 2009
Posted at: 1:51 pm
can we sell nifty now
CB Says:
February 6th, 2009
Posted at: 1:52 pm
Hi Harvinder, There were rumors of a rally.. lets hope for the best.. close above 2840 is good for our markets.. we could touch 2950
CB Says:
February 6th, 2009
Posted at: 1:52 pm
Hi rajnish kumar, no.. dont go short now. buy Nifty with a sl at 2830