Intraday calls for 07-10-08

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Intraday calls for 07-10-08

Posted on: October 7th, 2008 at 9:18 am

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Markets likely to open flat.
Markets may show some recovery today. On intraday dips buy: Larsen & Toubro, Era Infra Engineering and Union Bank of India

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10 Responses

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anil p Says:
October 7th, 2008
Posted at: 10:45 am
is this a good time to buy ispat industries? current mrp is rs. 16.35.
CB Says:
October 7th, 2008
Posted at: 12:29 pm
Hi Anil, no not yet.. wait for some more tme.. nifty could come down to 3300-3400 levels..
ankit Says:
October 8th, 2008
Posted at: 11:47 am
hello i got 500shares of ashok leyland at the rate 52? what should i do?
CB Says:
October 8th, 2008
Posted at: 12:55 pm
Hi ankit, Hold Ashok leyland for long term.. it is a fundamentally good company..
ANIL Says:
October 17th, 2008
Posted at: 3:24 pm
how much more pain can we see in this market? when one should start buying are we expecting 8900 for sensex level and 2800 for nifty?
CB Says:
October 18th, 2008
Posted at: 12:19 am
Hi Anil, I would advice to invest 30% now and rest only after it is clear that bear market is over.. We could see 9400 levels on Sensex.
Phanindra Says:
October 21st, 2008
Posted at: 12:46 am
Hi,
I started investing at 11,500 levels, invested around 1L in 7,8 stocks about which i had researched for a while.. I didn't expect the market to go down below 10k back then but now some are even speculating it to hit 6k.. I have faced losses about 7,000-8,000 Rs but thats fine.. my concern is about whether there is a probability that it will really hit 6k.. kind of scares me...
CB Says:
October 21st, 2008
Posted at: 9:17 am
Hi Phanindra, I don't think we would see levels of 6000. Keep holding your stocks from a med term view.. Markets should soon find a bottom and then do better,
Phanindra Says:
October 25th, 2008
Posted at: 1:10 am
After yesterdays 1000 pts tumble are you still saying that it might not hit 6K ? I lost 20% yesterday single day :(
CB Says:
October 25th, 2008
Posted at: 11:33 am
Hi Phanindra, Chances of hitting 6k is low... US markets showed strength yesterday, many were expecting it to hit a lower circuit.. Lets hope for the best..