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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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Comment pages: 67891011121314Show all

  1. Divyesh Says:
    May 6th, 2009
    Posted at: 10:44 am

    Hi Cb Good morning
    Short sell on Jp today @ 144.80 should it come down or exit


  2. sndpsk Says:
    May 6th, 2009
    Posted at: 10:46 am

    CB, now any chace for RELPOW?


  3. SAND Says:
    May 6th, 2009
    Posted at: 10:46 am

    THNX for the advise CB.. but have been a fan of Punj for quite some time... will take it for 2-3 days then.. adding Punj.. any SL you think??


  4. vk Says:
    May 6th, 2009
    Posted at: 10:46 am

    Hi CB,
    Any calls for long term or medium term...
    wat about orbit.


  5. CB Says:
    May 6th, 2009
    Posted at: 10:47 am

    Hi Divyesh, Technically its looking strong.. keep a sl at 148

    Hi sndpsk, no..its 141 now.. don't go for it now


  6. talisman Says:
    May 6th, 2009
    Posted at: 10:48 am

    Hi CB,
    Any targets in sight for Ibreal estate, IFCi and Gwalior chemical?
    Thanks.


  7. CB Says:
    May 6th, 2009
    Posted at: 10:48 am

    Hi SAND, no sl.. buy and hold..strong company..wil move up..

    Hi vk, Orbit looks good.. buy it for short term..target 95-100.. med term buy BEL on dips


  8. CB Says:
    May 6th, 2009
    Posted at: 10:49 am

    Hi talisman, IB can touch 155.. IFCI has a target of 32.. not sure about Gwalior


  9. SAND Says:
    May 6th, 2009
    Posted at: 10:49 am

    thnx CB.. whats your call on BOI?? is it worth entering


  10. CB Says:
    May 6th, 2009
    Posted at: 10:50 am

    Hi SAND, not sure about PSU banks as of now


  11. SAND Says:
    May 6th, 2009
    Posted at: 10:51 am

    ok CB.. next choice.. JP Hydro??


  12. talisman Says:
    May 6th, 2009
    Posted at: 10:51 am

    Thnx for the reply. Few days ago i had asked you about gwalior and u had said to hold it and talked about it having resistance at 80. bt today it has crossed that with good volume. so a hold for now?


  13. SAND Says:
    May 6th, 2009
    Posted at: 10:52 am

    CB.. are you tracking STC.. its been moving quite sometime now


  14. CB Says:
    May 6th, 2009
    Posted at: 10:52 am

    Hi SAND, it looks good technically..can touch 48 in short term.. but don't go heavy on the long side..we have rallied 50%..profit booking could come in anytime


  15. S.K. Says:
    May 6th, 2009
    Posted at: 10:53 am

    CENTURY TEXT BOUGHT AT 267.35 FOR DAY TRADING UR VIEW PLZ ?????


  16. CB Says:
    May 6th, 2009
    Posted at: 10:54 am

    Hi talisman, Oops sorry.. saw the wrong chart.. yes.. it can touch 90.. hold it

    Hi SAND, nope..not tracking it

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