Intraday calls for 07-05-12
Markets likely to open gap down. Resistance for nifty is at 5120
Sell Cairn India below 330, target: 324. Stoploss: 334
9.15am- Book profit in 5100 pe at 152
10.47am – Buy Hindalco at 113.35, target: 117. Stoploss: 110. Trade in small quantity – (Book profit in Hindalco at 116)
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santosh Says:
May 7th, 2012
Posted at: 8:39 am
hey cb i think market can any time break 5120 level in this weak
CB Says:
May 7th, 2012
Posted at: 8:39 am
Hi ttsathya, can short gspl. looks weak
Hi sona, Good morning. with rupee falling, IT stocks can see an upmove. hold it for now. sl near 2400-2410
Hi santosh, can test 4980
CB Says:
May 7th, 2012
Posted at: 8:40 am
Hi santosh, not really sure.. depends on the news flow too.
Akash Says:
May 7th, 2012
Posted at: 8:40 am
Hi CB, GM. Shud I continue to hold 5000 PE for next 1 week (at least this week). Will it see 200+ by the end of this week and 250-275 in 7-8 trading days.
CB Says:
May 7th, 2012
Posted at: 8:41 am
Hi Akash, Would advice to book at opening for now.
sona Says:
May 7th, 2012
Posted at: 8:42 am
Tnx CB..
Akash Says:
May 7th, 2012
Posted at: 8:42 am
Hi CB, If Market opens gap down today, at what price 5000 PE will open. Shud I exit at that time and buy CE again?
CB Says:
May 7th, 2012
Posted at: 8:44 am
Hi sona, most welcome
Hi Akash, may open 30-35% higher. dont enter a ce yet.
SS Says:
May 7th, 2012
Posted at: 8:44 am
Hi CB,
Good Morning, Any luck on Titan...holding long ?
Subin Says:
May 7th, 2012
Posted at: 8:45 am
Hi..can i short in hdil and vip?target
CB Says:
May 7th, 2012
Posted at: 8:46 am
Hi SS, Good morning. it can test 348 in coming days. if possible hedge it with a 240 pe for now
Hi Subin, seems may open gap down. don't go short at opening.
CB Says:
May 7th, 2012
Posted at: 8:46 am
Hi Akash, as of now not sure of re-entry
cvrprakash Says:
May 7th, 2012
Posted at: 8:47 am
Dear CB,
Please share your view on ITC.
Seems Nifty may open near 5000, What should we do in that case?
can initiate fresh shorts in ITC?
Akash Says:
May 7th, 2012
Posted at: 8:47 am
Hi CB, Ok. So shud I put SL if it opens above 90 and then see how it will perform.
vasanth Says:
May 7th, 2012
Posted at: 8:48 am
HI CB,
GM
CB Says:
May 7th, 2012
Posted at: 8:50 am
Hi cvrprakash, FMCG sector has been going strong. don't go short on it yet
Hi Akash, ok
Hi vasanth, Good morning.