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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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Comment pages: 303132333435363738Show all

  1. CB Says:
    August 8th, 2012
    Posted at: 3:14 pm

    Hi Mahesh, its a hold for now.


  2. sashi singh Says:
    August 8th, 2012
    Posted at: 3:14 pm

    HI CB Sir,

    what is nifty trend for tommorow. Please suggest.


  3. SS Says:
    August 8th, 2012
    Posted at: 3:14 pm

    Hi SR, Thank you.


  4. Chandan Says:
    August 8th, 2012
    Posted at: 3:15 pm

    Hi CB, Sir, Can I book profits in BHEL or still it has some upside ?


  5. CB Says:
    August 8th, 2012
    Posted at: 3:15 pm

    Hi deepak7791, no, dont neter it yet

    Hi sashi singh, seems may open a bit lower


  6. CB Says:
    August 8th, 2012
    Posted at: 3:15 pm

    Hi Chandan, book for now. shall re-enter on dips.


  7. deepak7791 Says:
    August 8th, 2012
    Posted at: 3:16 pm

    Any other share for BTST CB?


  8. Jenish Says:
    August 8th, 2012
    Posted at: 3:16 pm

    DEAR CB, So we want wait alot ryt....?


  9. CB Says:
    August 8th, 2012
    Posted at: 3:16 pm

    Hi deepak7791, no, as of now none.


  10. CB Says:
    August 8th, 2012
    Posted at: 3:17 pm

    Hi Jenish, yes, seems may take a while to recover.


  11. aabha Says:
    August 8th, 2012
    Posted at: 3:17 pm

    Hi CB, Bad day for me today :-(!
    Dish tv n Lovable both are in biiiiig los. NTPC and Jindal steel at a marginal profit. All hold? Any hopes o profit in any o these tomorrow?


  12. SS Says:
    August 8th, 2012
    Posted at: 3:18 pm

    Hi CB,
    Airtel...It's same stock where ICICI was giving 420 tgt ( a month back) telling abt Africa story...Lot of innocent investors and traders lost their money. Afater this recommendation, Bharti sold part of their stake at higher price. I think these brokers are paid for giving such tips so that company can take advantage.


  13. CB Says:
    August 8th, 2012
    Posted at: 3:19 pm

    Hi aabha, yes, hold these for 1-2 days. overall nifty looks strong. after some profit booking, is likely to move higher

    Hi SS, yes. thats sad


  14. Brahan Says:
    August 8th, 2012
    Posted at: 3:20 pm

    Hi CB, can i go long jindal stl fut @ 411/- cmp., if so wot is the target.


  15. CB Says:
    August 8th, 2012
    Posted at: 3:20 pm

    Hi Brahan, yes, can test 420-424.


  16. akila Says:
    August 8th, 2012
    Posted at: 3:20 pm

    yes, true, but 272 seemed very tempting for a long term investment....well, shall wait n watch and then buy...thanku...

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