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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. samyak Says:
    May 6th, 2009
    Posted at: 9:27 am

    Good mornin CB, what is the forecast for the market opening today? Seems positive isn't it?


  2. CB Says:
    May 6th, 2009
    Posted at: 9:27 am

    Hi samyak, Good morning..Yes, it seems a flat to positive opening


  3. chandu Says:
    May 6th, 2009
    Posted at: 9:27 am

    good morning cb


  4. CB Says:
    May 6th, 2009
    Posted at: 9:28 am

    Hi chandu, Good morning


  5. shalu Says:
    May 6th, 2009
    Posted at: 9:29 am

    CB, i'm buying orbit corp above 80 for short term......how long should i hold it for a target of 100?


  6. CB Says:
    May 6th, 2009
    Posted at: 9:30 am

    Hi shalu, hold it for 15-20 days..


  7. RAJUGHURU Says:
    May 6th, 2009
    Posted at: 9:31 am

    good morning guru


  8. CB Says:
    May 6th, 2009
    Posted at: 9:31 am

    Hi RAJUGHURU, Good morning..


  9. Neeraj Says:
    May 6th, 2009
    Posted at: 9:32 am

    Good Morning everyone... :)


  10. Neeraj Says:
    May 6th, 2009
    Posted at: 9:33 am

    Good morning CB..any update for LML and Ispat Industries..I baught them 15 days back no improvement.. :(


  11. CB Says:
    May 6th, 2009
    Posted at: 9:35 am

    Hi Neeraj, Good morning.. Ispat has some resistance at 15..above this it can tocuh 18.. hold it.. not sure about LML

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