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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. mitva Says:
    May 6th, 2009
    Posted at: 1:33 pm

    still i hold siemens or not


  2. CB Says:
    May 6th, 2009
    Posted at: 1:34 pm

    Hi dd, it needs to trade above 3730 for some time which it has not managed to do yet..


  3. CB Says:
    May 6th, 2009
    Posted at: 1:34 pm

    Hi mitva, hold it..or if possible do BTST


  4. RAJUGHURU Says:
    May 6th, 2009
    Posted at: 1:35 pm

    BOSS SIEMENS IS NOT MOVING. WHAT ABOUT ICICI BANK NOW AT 566/- HUGE BUYERS. ANY UPSIDE FOR INTRADAY?


  5. RAJUGHURU Says:
    May 6th, 2009
    Posted at: 1:36 pm

    WHAT IS MEAN BY BTST GURU. I AM ALSO BOUGHT SIESENS AT 345/-


  6. CB Says:
    May 6th, 2009
    Posted at: 1:37 pm

    Hi RAJUGHURU, Siemens will move hold it.. BTST means buy today sell tomorrow.. not sure about ICICI.. Stress test results tonight..anything can happen


  7. Akash Says:
    May 6th, 2009
    Posted at: 1:37 pm

    Ok. I also have Tata Chem at CMP for short term target as 225. Shud I expect this target in 2-3 days?
    Also, if Geodesic crosses 115, what target we can expect and in how many days?


  8. CB Says:
    May 6th, 2009
    Posted at: 1:39 pm

    Hi Akash, Tata Chem looks good.it can touch 220.. maybe not 2-3 days but in short term.. above 115 it can touch 130 in 2 weeks


  9. Akash Says:
    May 6th, 2009
    Posted at: 1:43 pm

    Thanks. Should we expect 220 target for Tata Chem within a week? Also, I am holding Sintex at 148. I waS expecting it to touch 200+ in 3-5 days but did not move after 160. Can we expect this target now in v short term?


  10. Vip Says:
    May 6th, 2009
    Posted at: 1:44 pm

    Hi Cb

    What is your view on nifty, by end this month what do you expect to be ?


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

    Hi Akash, not a week.maybe a months time.. Sintex is a hold..

    Hi Vip, We might end near 3800.. if we break 3530 on the downside we will go back to 3300


  12. CB Says:
    May 6th, 2009
    Posted at: 1:50 pm

    I WILL BE BACK IN 2 HOURS..


  13. sunny Says:
    May 6th, 2009
    Posted at: 2:17 pm

    Why Suddenly the market crashed so heavily ? From 3715 directly to 3646 !
    Whats so negative going in market ????


  14. RAJUGHURU Says:
    May 6th, 2009
    Posted at: 2:25 pm

    GURU... SIEMENS HIT SL


  15. mitva Says:
    May 6th, 2009
    Posted at: 2:27 pm

    Mr. Rajughuru what u have done still holding siemens or not becuase I have also taken at 348.55


  16. Vinesh Says:
    May 6th, 2009
    Posted at: 2:28 pm

    Hi CB, i also want to know what happen suddenly market falling down heavily?

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