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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. rajesh shenoi Says:
    May 6th, 2009
    Posted at: 12:46 pm

    good afternoon


  2. rajesh shenoi Says:
    May 6th, 2009
    Posted at: 12:46 pm

    sir wat happens if nifty spot crosses 3 7 0 0


  3. rajesh shenoi Says:
    May 6th, 2009
    Posted at: 12:47 pm

    sir can we go long on kotakbank at CMP


  4. ashok Says:
    May 6th, 2009
    Posted at: 12:47 pm

    CB MAY I ENTER AT THIS LEVEL IN SIEMENS


  5. CB Says:
    May 6th, 2009
    Posted at: 12:48 pm

    Hi rajesh shenoi, Good afternoon.. We might see 3730.. not sure about Kotak

    Hi ashok, yes.. keep a sl at 346


  6. deba Says:
    May 6th, 2009
    Posted at: 12:49 pm

    by how much time we can see 3100-3300 again
    i am waiting for long term buying
    what is your view for long term trading entry range ??


  7. CB Says:
    May 6th, 2009
    Posted at: 12:50 pm

    Hi deba, It's a tough call..as of now very strong support at 3530 levels..strategy would be to start buying in small lots


  8. mitva Says:
    May 6th, 2009
    Posted at: 12:52 pm

    sir we are waiting for 21000 sensex


  9. CB Says:
    May 6th, 2009
    Posted at: 12:53 pm

    Hi mitva, :) can't be sure..may say current rally is a bear market rally..some say worst is over.. Technically very srong resistance at 12600-12700..lets see..


  10. Deepak Says:
    May 6th, 2009
    Posted at: 12:54 pm

    How is STCIndia for shortterm?


  11. CB Says:
    May 6th, 2009
    Posted at: 12:54 pm

    Hi Deepak, not tracking STC..


  12. mitva Says:
    May 6th, 2009
    Posted at: 12:54 pm

    hi i have bought siemens at 348.55


  13. CB Says:
    May 6th, 2009
    Posted at: 12:54 pm

    Hi mitva, ok.. hold it


  14. dd Says:
    May 6th, 2009
    Posted at: 12:55 pm

    nifty looking strong again, almost to reach 3700, can we expect further rally, CB?


  15. CB Says:
    May 6th, 2009
    Posted at: 12:55 pm

    Hi dd, if we manage to cross 3700 today we could see 3730..


  16. CB Says:
    May 6th, 2009
    Posted at: 12:56 pm

    ILL BE BACK IN 30 MIN

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