Intraday calls for 08-11-11
Markets likely to open higher, Support for Nifty at 5240 and resistance at 5330
Buy Reliance Industrial Infra around 430, Target: 440, SL 425
Sl triggered in DLF
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SB Says:
November 8th, 2011
Posted at: 10:31 am
Hi SS, British oil firm Cairn Energy said on Thursday that it expected a long-delayed deal to sell a stake in its Indian business to complete shortly.
The company has been waiting for over a year to conclude a USD 6 billion deal which will see miner Vedanta Resources buy a majority stake in Rajasthan-based oil producer Cairn India .
Cairn has repeatedly said it will return "substantial" funds to shareholders once the deal has completed.
Cairn, which will own a 22% stake in the Indian unit after the deal is finalised, has shifted its focus from India to exploration in Greenland but has so far had no success, drilling six dry holes in the country in the last two years.
Drilling is ongoing at two wells off the coast of Greenland, the company said, adding that the three unsuccessful wells it has so far drilled in 2011 cost a total of USD 573 million.
Shares in Cairn traded down 0.8% to 283.5 pence at 1109 GMT, broadly in line with the European oil and gas sector which was 0.7% lower, and valuing the firm at around 4 billion pounds (USD 6.3 billion).
($1 = 0.632 British Pounds)
atul Says:
November 8th, 2011
Posted at: 10:36 am
Guys Still you can SHOT AMBUJA cement......
Akash Says:
November 8th, 2011
Posted at: 10:37 am
Hi SB, Shud I buy Jai Corp in Intraday for target 100+
SAI Says:
November 8th, 2011
Posted at: 10:39 am
Hi SB Any call or put from yr side
sandeep Says:
November 8th, 2011
Posted at: 10:40 am
plz help me..............On friday NOV 4TH I boyght JAIN IRRIGATION JAN 2012 100 [email protected] and JAN 2012 130 [email protected] in ICICI, but today when i tried to sell them its showing no positions are being held. wat to do? any body facing same problem?
Can any body tell me wats the reason behind this?
plz reply
CB Says:
November 8th, 2011
Posted at: 10:42 am
Hi shams, can test 109.50
Hi vaz, one can enter it if it trades above 76 for a day or 2
Hi Munish Nanavati, yes, there was a split of 10:1 in dec 2009
Hi Akash, enter in small quantity
Hi sac, can test 1125
Hi SB, Good morning
just came online.
CB Says:
November 8th, 2011
Posted at: 10:43 am
Hi sandeep, yes. seems there are no buyers for these puts as of now. try selling after few days as these are out of money options.
KK Says:
November 8th, 2011
Posted at: 10:44 am
Hi CB,
Good morning.
Any Nifty call / put from your side ?
Vishal Says:
November 8th, 2011
Posted at: 10:44 am
Hi CB, Can i enter 5300 CE now ?
sandeep Says:
November 8th, 2011
Posted at: 10:45 am
cb...........they are not showing any positions in my ICICI DEMAT ACCOUNT?
shams Says:
November 8th, 2011
Posted at: 10:45 am
thnks cb
CB Says:
November 8th, 2011
Posted at: 10:45 am
Hi KK, Good morning. no, as of now no call on nifty
Hi Vishal, no, not sure yet
Hi sandeep, oh ok. not really sure why. guess will need to contact icici support.
CB Says:
November 8th, 2011
Posted at: 10:46 am
Hi shams, most welcome.
shams Says:
November 8th, 2011
Posted at: 10:48 am
sir what wud be the stop loss for voltas
sac Says:
November 8th, 2011
Posted at: 10:48 am
still u fill it will touch 1125 ..cb ?
rahul Says:
November 8th, 2011
Posted at: 10:49 am
Good morning CB sir,
have bought M&B switchgear at 166.....every alternate day it is oscillating between uc and dc......though 166 is below the issue price of 186, it is much above its initial lows of 121..... so what is ur call on this? pl advice......in any case i do not want to hold it beyond a day or two...