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Intraday calls for 06-05-09

Posted on: May 6th, 2009 at 9:23 am

Buy Reliance Power at 135.50, target: 140. Stoploss: 133
Buy Bharat Electronics above 1000, target: 1030. Stoploss: 990 (Please buy only above 1000)

If markets show weakness later during the day, short sell: Reliance Industries.

Please trade in small quantity as markets are likley to be volatile.

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314 Responses

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  1. CB Says:
    May 6th, 2009
    Posted at: 7:46 pm

    Hi mitva, hold the stocks for week or 2. If positive news is out from US markets tonight we will see a good upmove. If news is not good, markets may see some downside. market trend is up and wil see an upmove in short term.

    Hi Vicky, Always buy stocks when they are trasding at cheap valuations. We were getting Reliance at PE of just 5, HDIL at 1 and many more.. Such stocks trading at such low P/E's have low downside risk..

    Hi Yusuf shaikh, Yes, we will follow global queue.. buy Orbit tomorrow..


  2. shalu Says:
    May 6th, 2009
    Posted at: 8:24 pm

    CB, so which are the stocks to buy now which are trading at low valuations and have low PE?


  3. CB Says:
    May 6th, 2009
    Posted at: 9:39 pm

    Hi shalu, as of now no new buy call... Will give you the list of stocks to buy if we see a good correction


  4. Rajesh Says:
    May 6th, 2009
    Posted at: 9:58 pm

    US market are open & positive, at what time stress test result will declare ?


  5. senthil Says:
    May 6th, 2009
    Posted at: 10:35 pm

    hai CB, I have hindalco @ 63.30,wht will be the nearest target ??


  6. Yusuf shaikh Says:
    May 6th, 2009
    Posted at: 11:09 pm

    Cb,i call u bt why nt connectng i dont knw,anywy cb plz lets us know first abt their result if u get information,thanking u


  7. CB Says:
    May 6th, 2009
    Posted at: 11:34 pm

    Hi Rajesh and Yusuf, till now 3 banks have given positive outcome: http://nseguide.com/press-releases/amex-jpmorgan-bank-of-new-york-mellon-pass-tests/ hopefully others should come out with the results soon

    Hi Yusuf shaikh, I have emailed you the info

    Hi senthil, Hold it..it has a target of 66..above 66 it can touch 73


  8. Yusuf shaikh Says:
    May 7th, 2009
    Posted at: 7:16 am

    Thanks a lot CB,u r jst great,CB plz tell us wt happne abt that test of US Banks is there result r positive?????,


  9. Kamal Says:
    May 7th, 2009
    Posted at: 8:16 am

    Nifty tips


  10. chandu Says:
    May 7th, 2009
    Posted at: 9:11 am

    good morning cb&all


  11. chandu Says:
    May 7th, 2009
    Posted at: 9:17 am

    cb interday koi tips


  12. chandu Says:
    May 7th, 2009
    Posted at: 9:17 am

    cb market kya lagta hai aaj or supporrt level kya hai


  13. chandu Says:
    May 7th, 2009
    Posted at: 9:18 am

    cb plz fast reply me


  14. chandu Says:
    May 7th, 2009
    Posted at: 9:20 am

    cb market upside mai kitna uppear lagta hai 12350to12450 mere pass yah level hai


  15. CB Says:
    May 7th, 2009
    Posted at: 9:27 am

    Hi Yusuf shaikh, most welcome. Markets may open positive today.. Stress test final results will be declared tonight

    Hi Kamal, Today's calls are posted here: http://nseguide.com/intraday-calls-tips/intraday-calls-for-07-05-09/

    Hi chandu, Support is at 3530.. We may move up today..

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