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Intraday calls for 07-09-09

Posted on: September 7th, 2009 at 9:19 am

Buy Allahabad Bank at 93.50, target: 96. Stoploss: 92.30

If markets show weakness later during the day, sell: DLF

Short term call: Buy Steel Strips Wheels above 73, target: 85.

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723 Responses

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  1. Vinesh Says:
    September 7th, 2009
    Posted at: 10:30 pm

    Hi Cb, i saw market tomorrow edition at utv at 8 30 pm where in one of technical analyst said that if nifty closes above 4800 with good volumes then it will be headed to direct 5200 as there is no resistance between 4800 or 5200. Is it true.


  2. Vishu Says:
    September 7th, 2009
    Posted at: 10:34 pm

    Hi CB. I got trapped in exl info@91 500 shares. I bought it on oversold chart. Can it bounceback in 2 to 3 day. Otherway i will sold it tomorow.


  3. nitesh Says:
    September 7th, 2009
    Posted at: 10:38 pm

    can i buy steel strips for intra day can it move rupee 1.5 or 2.5 or so.
    how comfortable do you feel for a fresh money investment @ current nifty and sensex levels???


  4. CB Says:
    September 7th, 2009
    Posted at: 10:38 pm

    Hi Vinesh, no.resistance is higher around 5000 but profit booking is likely in coming days..global markets have rallied a lot and are likely to see some downside

    Hi Vishu, would advice to exit from it around 85-88..


  5. CB Says:
    September 7th, 2009
    Posted at: 10:38 pm

    Hi nitesh, yes.. for intraday you can play a 2rs game on it.. dont put fresh money for investments now.. intraday/btst are safer


  6. Vishu Says:
    September 7th, 2009
    Posted at: 10:43 pm

    It means i sold it tomorow.thn advice stock for 1 week through which i recover loss


  7. CB Says:
    September 7th, 2009
    Posted at: 10:44 pm

    Hi Vishu, yes. sure we shall recover the loss. shall give you a call tomorrow morning


  8. nitesh Says:
    September 7th, 2009
    Posted at: 10:46 pm

    i am not familiar with the term "btst"
    and on lighter side can i know your full name.
    by some readers post you are called CHIRAG.
    Are you a analyst??What sorts of qualification does one need to become a analyst and the time frame??
    i have been in stock market since last 4 years and converted my savings 4000 into 6.5 L.
    REGARDS.


  9. Ranga Says:
    September 7th, 2009
    Posted at: 10:47 pm

    hi guru, today I took steel strip wheel at 74, how many days to hold this??


  10. amrita Says:
    September 7th, 2009
    Posted at: 10:47 pm

    hi cb

    rel agro is a hold for 2..3 days?
    any target?


  11. CB Says:
    September 7th, 2009
    Posted at: 10:47 pm

    Hi nitesh, it means buy today sell tomorrow. my full name is Chirag Bedi.. i have read books on tech analysis.. 40k to 6l is a great job man..congrats


  12. Vishu Says:
    September 7th, 2009
    Posted at: 10:48 pm

    U give me personaly on my yahoo id


  13. CB Says:
    September 7th, 2009
    Posted at: 10:48 pm

    Hi Ranga, keep it for a weeks time..can see 83

    Hi amrita, 58.. hold it


  14. Vinesh Says:
    September 7th, 2009
    Posted at: 10:48 pm

    Thanx CB, for your immense help at any when we need.


  15. CB Says:
    September 7th, 2009
    Posted at: 10:48 pm

  16. CB Says:
    September 7th, 2009
    Posted at: 10:48 pm

    Hi Vinesh, most welcome

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