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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: 4:20 pm

    Hi akansha, it can see 16 if markets remain positive


  2. vivek Says:
    July 7th, 2009
    Posted at: 4:33 pm

    Hi CB, bought Suzlon today for 99 Rs.... How long shud i hold it and for wat target till july end ??


  3. abhi Says:
    July 7th, 2009
    Posted at: 4:36 pm

    hi Sir,
    Can i buy celestial lab,glory,gemini com,decolight at cmp? or should i wait for some dip?


  4. sunil Says:
    July 7th, 2009
    Posted at: 4:37 pm

    hi cb, do u feel nifty going to 3700-3800 levels in next 3-4months


  5. Naren Says:
    July 7th, 2009
    Posted at: 4:58 pm

    Hi,what is the best capital to start trading in stock.Is it ok to start with 20k


  6. SHVETHA Says:
    July 7th, 2009
    Posted at: 5:36 pm

    CB,
    WHICH NIFTY OPTION IS BETTER FOR GAIN?


  7. vel Says:
    July 7th, 2009
    Posted at: 5:47 pm

    i have unitech 1000 shares @ 86 give me sugesstion


  8. RAMA Says:
    July 7th, 2009
    Posted at: 5:52 pm

    dear sir,
    say me what is the good share to invest zandu pharma or mmtc
    and cals refineries or larsen tubro


  9. Kartheek Says:
    July 7th, 2009
    Posted at: 6:55 pm

    Shvetha, CALL @ 4300 is better and having huge TTQ.


  10. Kartheek Says:
    July 7th, 2009
    Posted at: 7:12 pm

    Naren, do you like to go for Intraday or short term?


  11. praveen Says:
    July 7th, 2009
    Posted at: 7:23 pm

    hi cb

    can you tell direction of market in next two months is there any trigger for the markets


  12. praveen Says:
    July 7th, 2009
    Posted at: 7:25 pm

    hi cb
    so many people are talking about cals ref is it worth buying at these levels based on fundamentals
    pls reply


  13. CB Says:
    July 7th, 2009
    Posted at: 7:29 pm

    Hi vivek, hold it for a weeks time..it can see 110

    Hi abhi, buy them in small quantities as of now

    Hi sunil, no..dont see Nifty below 4000 unless there is some bad news.

    Hi Naren, for trading 20k is ok.. but its risky to start with intraday.. if possible do short term investing.. for a week or 2

    Hi SHVETHA, on dips buy 4300 call

    Hi vel, hold them for a month..it will do well once markets recover

    Hi RAMA, invest in L&T, GMR infra, Punj lloyd for med/long term

    Hi praveen, as of now its likely to be in the 4000-4300 range for some time..


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

    Hi praveen, yes..buy some and keep for long term..


  15. SHVETHA Says:
    July 7th, 2009
    Posted at: 7:39 pm

    MEANS, NEAR RANGE NIFTY CALLS?
    BUT PUTS? IF MARKET WILL BE GOING DOWN!


  16. CB Says:
    July 7th, 2009
    Posted at: 7:41 pm

    Hi SHVETHA, as of now no call in options..shall let you know by tomorrow morning.

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