Intraday calls for 06-08-09
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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vin Says:
August 6th, 2009
Posted at: 9:07 pm
hi cb missed you today....
i have vishal info bought yesterday @ 29 today its on 20.90 still 1.90 rs up how??
are the share alloted ...
Raj Says:
August 6th, 2009
Posted at: 9:08 pm
Hi CB,
Does it matter if I subscribe to an IPO on first day or last day? What difference does it make? Pls advise.
Mathew Says:
August 6th, 2009
Posted at: 9:11 pm
Hi CB, 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?
CB Says:
August 6th, 2009
Posted at: 9:14 pm
Hi vin, same here.. yes.. after spliting at 19 it hit an upper circuit at 20.90.. should should be alloted in a weeks time
Hi Raj, it won't make any difference..
Hi Mathew, markets may see some bounce tomorrow. Voltas is a hold. it will do well in coming days. it can see 138 if markets remain weak
Mathew Says:
August 6th, 2009
Posted at: 9:16 pm
Hi CB, will Voltas get above 150 levels before the expiry on 27th?
Raj Says:
August 6th, 2009
Posted at: 9:23 pm
Thanks CB. But, how r the shares allotted in IPO? If i subscribe on the first day, my money gets deducted immediately. By subscribing towards the end I can save some money!
Mathew Says:
August 6th, 2009
Posted at: 9:36 pm
Hi Raj, the time you apply for IPO has no bearing at all on your final allotment. It is wise to subscribe on the last day. And also apply on the upper price band.
CB Says:
August 6th, 2009
Posted at: 9:45 pm
Hi Mathew, yes.. hold it
Hi Raj, no..there is nothing like that.. if you apply and if you get the shares money will be deducted..else it wil not..
RK Says:
August 6th, 2009
Posted at: 9:58 pm
Hi CB, Govt. approved package to textile industry. Will this take alok at least 29 and in what time frame? I stuck in this stock from last 2 monts. Also alok declared dividend when I will get this?
CB Says:
August 6th, 2009
Posted at: 10:14 pm
Hi RK, yes..they will see some upmove.. dividend should be sent to you by check in 10-15 days
Narasimha Says:
August 6th, 2009
Posted at: 10:17 pm
Hi CB ,
I have sent you mail !
CB Says:
August 6th, 2009
Posted at: 10:29 pm
Hi Narasimha, ok..shall chk..dont have access from here..
a4amit2 Says:
August 6th, 2009
Posted at: 10:40 pm
hello CB ;i have 200 punj llyod @241 .at what price i can purchase more share for average purpose..or shall i hold it .thanx in advance
satish Says:
August 6th, 2009
Posted at: 10:43 pm
hi CB
PADMA Says:
August 6th, 2009
Posted at: 10:45 pm
CB,
I missed PTC today. I want to sell it at 98. I had @92. and praj also. will u pls give me at what rate they will reach tom'r or coming week?
CB Says:
August 6th, 2009
Posted at: 11:02 pm
Hi a4amit2, avg it when Nifty comes to 4500. as of now its a hold..
Hi PADMA, they can see 100 and 105.. hold onto them for some more time..