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

    GM CB, orbit corp is a buy above 80? what is the target SL ?


  2. ray Says:
    May 6th, 2009
    Posted at: 9:37 am

    Hi CB . what about suzlon and HDIL today ?


  3. shah Viral Says:
    May 6th, 2009
    Posted at: 9:38 am

    Helllo Sir......
    Good Morning....
    I m Viral
    What's R U saying about the Kalendee Railway ?
    Bcoz i have 1000 share of it price 120
    And DLF 290 call options


  4. CB Says:
    May 6th, 2009
    Posted at: 9:38 am

    Hi Raj, Good morning.. yes, buy above 80 for short term.. it can touch 100

    Hi ray, Suzlon can add 2-3 rs.. HDIL has some resistance at 180.. above this it can touch 200


  5. CB Says:
    May 6th, 2009
    Posted at: 9:39 am

    Hi shah Viral, Good morning.. Kalendee is a hold for short term.. DLF has resistance at 280.. its a sell on rise


  6. Jignesh Says:
    May 6th, 2009
    Posted at: 9:40 am

    Hii CB gd morning,

    i bought gateway distripark at 70.25 & apollo tyres at 24.. whts ur take? what's d expected level..


  7. DM Says:
    May 6th, 2009
    Posted at: 9:42 am

    Hi CB,
    Good Morning
    Can I short sell DLF now what could be the target for today?


  8. Raj Says:
    May 6th, 2009
    Posted at: 9:42 am

    CB, About Sterlite shall i short this at the opning ?
    some news on this " Sterlite Industries (India) Ltd. (SLT US), the nation’s largest copper and zinc producer,
    fell the most in a week, losing 3.2 percent to $9.21. Copper slid from the highest price
    in two weeks"

    advice


  9. shah Viral Says:
    May 6th, 2009
    Posted at: 9:43 am

    How many Days Hold in Kalendee Railway
    Bcoz now it is 104


  10. manoj Says:
    May 6th, 2009
    Posted at: 9:43 am

    hi cb what r ur views about a correction? is it impending?


  11. CB Says:
    May 6th, 2009
    Posted at: 9:45 am

    Hi Jignesh, Good morning.. both are a hold ofr some more time.. they can add 10%

    Hi DM, Good morning.. Yes, its a short on rise.. keep a sl at 275 levels..

    Hi Raj, They could see some downside. Technically these stocks are looking good. if they open positive, don't go short


  12. Prakash Says:
    May 6th, 2009
    Posted at: 9:45 am

    Cb, how is JP hydro and suzlon for 10 days.... suggest me some stocks for 7-10 days plz.


  13. S.K. Says:
    May 6th, 2009
    Posted at: 9:46 am

    G.M. C.B. N ALL....MKT OUT LOOK PLZ ?????????


  14. CB Says:
    May 6th, 2009
    Posted at: 9:46 am

    Hi shah Viral, its a low volume stock.. hold it for a months time

    Hi manoj, yes..some downside could be seen.. maybe upto 3580 levels.


  15. vvdp Says:
    May 6th, 2009
    Posted at: 9:46 am

    GM CB...ANY INFO ON RUCHI SOYA...


  16. CB Says:
    May 6th, 2009
    Posted at: 9:46 am

    Hi Prakash, don't buy them as of now.. Markets seem to be streched.. Buy Orbit above 80..

    Hi S.K., Maybe see a flat to positive opening..

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