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Intraday calls for 08-08-12

Posted on: August 8th, 2012 at 8:25 am

Markets likely to open higher, next resistance at 5360, support at 5300

Buy Jindal steel above 410. Target: 422, sl 402 – (Book profit in Jindal steel at 418-419)

11.07am – Buy United Breweries holdings at 93.75, target: 98. Stoploss: 90 (1-2 day hold) – (Book profit in UB holding at 96.50)

12.18pm – Buy Hindustan Uniliver at 476.50, target: 485. Stoploss: 470 (1-2 day hold)

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671 Responses

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  1. CB Says:
    August 8th, 2012
    Posted at: 12:08 pm

    Hi Anne, can see some profit booking if european markets open flat/ lower

    Hi Deepak, no, looks strong.

    Hi VS, book partial profit for now.


  2. AM Says:
    August 8th, 2012
    Posted at: 12:08 pm

    Hi CB, SIR hold or exit Jindal Steels ?


  3. SS Says:
    August 8th, 2012
    Posted at: 12:08 pm

    Citigroup,CLSA and others cut India growth forecast

    More economists slashed their economic forecasts for India, with Citi & CLSA cutting their outlooks for growth to 5.4% and 5.5% resp.

    Lot of bad news around but no impact on mkt....


  4. R.D. Says:
    August 8th, 2012
    Posted at: 12:08 pm

    Hi CB, i am holding UBHolings @93.70 will it reach 96 again today.


  5. Robotguy Says:
    August 8th, 2012
    Posted at: 12:09 pm

    Hi subodh, NO...it's old thing i was just discussing with SS..


  6. CB Says:
    August 8th, 2012
    Posted at: 12:09 pm

    Hi AM, book at 419-420

    Hi SS, thanks for the update


    Hi R.D., yes, hold it.


  7. imran khan Says:
    August 8th, 2012
    Posted at: 12:09 pm

    Hi Anne, europe expected to open lower

    see below link

    http://www.cnbc.com/id/48522937


  8. AM Says:
    August 8th, 2012
    Posted at: 12:10 pm

    Hi CB, Thanks sir


  9. CA.Tejas Says:
    August 8th, 2012
    Posted at: 12:10 pm

    Hi CB, M holding RIL @ 750 levels shoud I exit at current level or wait for more upside??


  10. avik Says:
    August 8th, 2012
    Posted at: 12:11 pm

    when will European market will open?


  11. subodh Says:
    August 8th, 2012
    Posted at: 12:11 pm

    CB.. any options to buy?


  12. Chandan Says:
    August 8th, 2012
    Posted at: 12:12 pm

    Hi CB, Sir, IS ONGC a good buy at cmp 278/- positional view ?


  13. R.D. Says:
    August 8th, 2012
    Posted at: 12:12 pm

    Hi CB, thanks sir


  14. imran khan Says:
    August 8th, 2012
    Posted at: 12:13 pm

    Hi avik, 12:30 PM


  15. CB Says:
    August 8th, 2012
    Posted at: 12:14 pm

    Hi AM, most welcome

    Hi subodh, no, as of now none

    Hi CA.Tejas, yes, book profit for now. can re-enter on dips

    Hi Chandan, no, not yet

    Hi R.D., most welcome.


  16. avik Says:
    August 8th, 2012
    Posted at: 12:15 pm

    Hi imran khan, thank you, how it starts low..as i have puts

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