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Intraday calls for 07-06-09

Posted on: July 7th, 2009 at 9:24 am

Nifty has strong support at 4080-4150 level and is likely to see some bounce from current levels.

Buy Punj Lloyd at 199, target: 206. Stoploss: 196
Buy Reliance Industries at 1894, target: 1920. Stoploss: 1886.

If markets show weakness later during the day, short: Orchid Chemicals.

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358 Responses

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  1. CB Says:
    July 7th, 2009
    Posted at: 3:30 pm

    Hi yash22, Suzlon can be bought in small quantities


  2. AC Says:
    July 7th, 2009
    Posted at: 3:32 pm

    hi cb, what about gayatri projects


  3. CB Says:
    July 7th, 2009
    Posted at: 3:33 pm

    Hi AC, buy it on dips.. 5-7% lower


  4. soum1 Says:
    July 7th, 2009
    Posted at: 3:34 pm

    Dear CB, i have :
    alok ind @ 28
    suzlon @130
    TVS Motors @46.75
    indian hotels @65.50

    I am deep in red what should I do ?

    What are their projections in 2 weeks window.


  5. Ramprasad Says:
    July 7th, 2009
    Posted at: 3:38 pm

    HI CB,

    I BOUGHT APTECH LTD. FOR RS.167 YESTERDAY. NOW THE CMP OF APTECH IS 148. WHAT WOULD BE ITS VALUE IN A WEEK'S TIME. SHOULD I HOLD IT OR SHOULD I SELL IT. PLEASE ADVISE


  6. shail Says:
    July 7th, 2009
    Posted at: 3:38 pm

    any s/l cb for punj??


  7. deba Says:
    July 7th, 2009
    Posted at: 3:40 pm

    CB Bhai i have alok 300@24 GMR100@159 Sail 50@177
    what should be my statergy to exit from these?


  8. CB Says:
    July 7th, 2009
    Posted at: 3:44 pm

    Hi soum1, hold them for couple of weeks. they will do well in short term

    Hi Ramprasad, if possible hold it for a months time..it may consolidate for some time before making the next move..

    Hi shail, 197

    Hi deba, hold them for a month or 2. they will do well


  9. SHVETHA Says:
    July 7th, 2009
    Posted at: 3:46 pm

    can buy alok text at this level?
    r this going down from this price?


  10. CB Says:
    July 7th, 2009
    Posted at: 3:47 pm

    Hi SHVETHA, as of now buy it in small quantity


  11. shail Says:
    July 7th, 2009
    Posted at: 3:50 pm

    CB,

    i HAVE
    200 ESSAR OIL@ 181,
    200 3I INFOTECH @ 80,
    200 UNITECH @ 82,
    300 MTNL @ 113,
    50 dlf @ 390,

    pLS SUGGEST WHAT SHOULD I DO??


  12. CB Says:
    July 7th, 2009
    Posted at: 3:51 pm

    Hi shail, give them some time..around a month or 2.. once markets start recovering they will do well


  13. shail Says:
    July 7th, 2009
    Posted at: 3:53 pm

    IF I HOLD TILL DEC WILL IT GOOD , I MEAN 40-50 PERCENT RETURNS?


  14. Megha Bhasin Says:
    July 7th, 2009
    Posted at: 3:56 pm

    CB,
    wats wrong with market after budget, my money is blocked from last one month in few scrips,wen market is expected to recover?


  15. CB Says:
    July 7th, 2009
    Posted at: 4:05 pm

    Hi shail, hold it for 6-8 months..

    Hi Megha Bhasin, hold on to your stocks.. markets may consolidate for some time. should recover some by end of this month


  16. akansha Says:
    July 7th, 2009
    Posted at: 4:14 pm

    whats ur view on spice for 2 days?

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