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Intraday calls for 07-01-10

Posted on: January 7th, 2010 at 8:12 am

Markets likely to open flat. Nifty has resistance at 5300 and support is at 5230

Buy GSS America Infotech Ltd at 304.25, target: 314. Stoploss: 300

Trade in small quantities.

12pm- if possible continue to hold Tulip IT and GSS America for 1-2 days. they will give good returns.

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752 Responses

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  1. nb Says:
    January 7th, 2010
    Posted at: 10:48 pm

    Hi Kartik, Ok.. Thank you!


  2. raghu Says:
    January 7th, 2010
    Posted at: 11:08 pm

    hiiii CB...
    can i short UCAL FUEL SYSTEM for 2mrw???
    whats ur view???

    thanks&regards
    raghu


  3. mani Says:
    January 7th, 2010
    Posted at: 11:08 pm

    hi karthik in andhra pradesh the reliance industries in huge problem . does it effect stock market ?


  4. shipra Says:
    January 7th, 2010
    Posted at: 11:13 pm

    hi cb at what rate should i book profit in supremetex . it reached yrs high today at 15.75 and closed at 15.65


  5. CB Says:
    January 7th, 2010
    Posted at: 11:23 pm

    Hi deba, hold them. on mobile will do well after some consolidation. subhash can see 175

    Hi raghu, it depends. they are not really seeing much follow up buying since markets are not doing much from last 2-3 days.

    Hi raghu, can see 108

    Hi mani, whats the news? not sure of any


  6. CB Says:
    January 7th, 2010
    Posted at: 11:23 pm

    Hi shipra, it can see 16..


  7. sadiq Says:
    January 7th, 2010
    Posted at: 11:33 pm

    all reliance properties in Andhra are being ransacked , since mukesh ambani's hand is suspected in former cm YS rajsekhar reddy's assasination. this news is hot in AP's local tv channels.


  8. CB Says:
    January 7th, 2010
    Posted at: 11:33 pm

    Hi suzane, yes, put them.. should be fine.


  9. Sabu Says:
    January 7th, 2010
    Posted at: 11:36 pm

    Hi Chirag,

    Plz provide ur views (short/mid term) on :

    1. Bhagwati Banquets & Hotels Ltd

    2. Mangalam Timbers


  10. sadiq Says:
    January 7th, 2010
    Posted at: 11:37 pm

    hi cb, does every broker's software for online trading support Trailing stop loss ?


  11. CB Says:
    January 7th, 2010
    Posted at: 11:57 pm

    Hi sadiq, yes, just saw that. if violence continues till tomorrow, then it can see some downside.. no, all dont have it.


    Hi Sabu, they have rallied quite a bit. as of now would advice to wait for some dip to enter them,.


  12. Prem Says:
    January 7th, 2010
    Posted at: 11:58 pm

    Hi CB..when i bought a stock ..i placed a stop loss of 4 rupess less than the stock..Now i want to change my stop loss price range ......Is it possible to do so..?


  13. CB Says:
    January 7th, 2010
    Posted at: 11:58 pm

    Hi Prem, yes, we can modify the order.


  14. Shravan Says:
    January 8th, 2010
    Posted at: 12:01 am

    Hello CB, What do you think about Prism Cements for intraday Tomorrow.


  15. CB Says:
    January 8th, 2010
    Posted at: 12:05 am

    Hi Shravan, it can see 52.


  16. Sabu Says:
    January 8th, 2010
    Posted at: 12:07 am

    ok.Thanks Chirag.

    Pls suggest a couple of scrips for short term/med term

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