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Intraday calls for 06-08-09

Posted on: August 6th, 2009 at 9:19 am

Markets likely to open flat. Nifty has strong resistance at 4730 and support at 4620.

Stocks to watch for breakout:
Buy Voltas above 147, target: 153. Stoploss: 144.50
Buy Glenmark Pharma above 276, target: 288. Stoploss: 272.

If markets show weakness later during the day, sell: Hindalco Industries.

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394 Responses

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  1. Kartik Says:
    August 6th, 2009
    Posted at: 6:33 pm

    Hi Prem, Core projects ran up a lot in the last few days and might consolidate at these levels for a day or so, hold it with at SL at 155

    Hi a4amit2, Market likey to be flat tomorrow, Hold tata motors for short/mid term


  2. Kartik Says:
    August 6th, 2009
    Posted at: 6:34 pm

    Hi abs, Most welcome


  3. Sri Says:
    August 6th, 2009
    Posted at: 6:45 pm

    Hi CB,

    How will be the market for tom, i feel market will open lower whatever the global markets behave, how do you feel, i have 33@1023, shall i book loss tom morning i will be losing 800rs, that a small which i can regain. Please advice


  4. Mathew Says:
    August 6th, 2009
    Posted at: 6:46 pm

    Hi Kartik, what is your view on Voltas August Futures. I am holding two lots bought at 148. Cant afford to another day or two of similar downside, since that will erode my balance with my broker. How much downside do you see in it?


  5. ramsingh Says:
    August 6th, 2009
    Posted at: 6:49 pm

    Hai Kathick!
    CB is not online.What is ur opinion about Firstsource solution.It is worth to hold. What is the price target.


  6. Sri Says:
    August 6th, 2009
    Posted at: 6:50 pm

    Hi CB,

    Whats the strategy for next week wait and then invest, if there is downside how much do you think the nifty will go down, whats the best price to enter Suzlon, IVRCL, Unitech, DCHL.


  7. ramsingh Says:
    August 6th, 2009
    Posted at: 6:51 pm

    Hai Kartik!
    We can expect any bounce back for tommorrow market.


  8. Sri Says:
    August 6th, 2009
    Posted at: 6:51 pm

    Hi Kartik,

    How will be the market for tom, i feel market will open lower whatever the global markets behave, how do you feel, i have 33@1023, shall i book loss tom morning i will be losing 800rs, that a small which i can regain. Please advice


  9. Sri Says:
    August 6th, 2009
    Posted at: 6:53 pm

    Hi Kartik,

    Whats the strategy for next week wait and then invest, if there is downside how much do you think the nifty will go down, whats the best price to enter Suzlon, IVRCL, Unitech, DCHL.


  10. a4amit2 Says:
    August 6th, 2009
    Posted at: 6:58 pm

    thanks kartik


  11. ramamoorthy Says:
    August 6th, 2009
    Posted at: 7:11 pm

    what are the bonus announced companies


  12. yash Says:
    August 6th, 2009
    Posted at: 7:18 pm

    Hi cb what os your view about NHPC ipo which is goin to launch on tomorrow.....should i invest in NHPC??


  13. ramamoorthy Says:
    August 6th, 2009
    Posted at: 7:29 pm

    about vishal info buy or sell.


  14. Adil Says:
    August 6th, 2009
    Posted at: 7:54 pm

    Hi cb sir i bought suzlon for 5 days @96 should i hold or exit pls advise md


  15. Adil Says:
    August 6th, 2009
    Posted at: 7:59 pm

    Sir what is vishal info target in short term


  16. CB Says:
    August 6th, 2009
    Posted at: 8:38 pm

    SORRY, WAS NOT ONLINE TODAY. HOLD ONTO SHORT TERM STOCKS. WE ARE WITNESSING PROFIT BOOKING WHICH IN A WAY IS GOOD FOR THE MARKET UPTREND TO CONTINUE.

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