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Intraday calls for 09-01-09

Posted on: January 9th, 2009 at 9:28 am

Markets likely to see a gap down opening.
If markets show signs of recovery later, buy: Punj Lloyd.

Trade minimal.

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107 Responses

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  1. CB Says:
    January 9th, 2009
    Posted at: 12:14 pm

    Hi Vishesh, there would be a option to convert to delivery. .sell them on Monday..


  2. TALWAR Says:
    January 9th, 2009
    Posted at: 12:22 pm

    HI CB, THIS RELIANCE LOSS COULD BE POSSIBLE ,AS THEY WERE EXPECTING PRICES TO GO UP TO 150 DOLLAR/BARREL AND HAD SOME FORWARD CONTARCTS AT THESE RATES....WHICH HAS COME DOWN DRASTICALLY


  3. CB Says:
    January 9th, 2009
    Posted at: 12:32 pm

    Hi TALWAR, yes.. very much possible..


  4. serenity Says:
    January 9th, 2009
    Posted at: 12:36 pm

    HI CB, right time to buy suzlon, unitech, kaushalya, kolte patil, GVK , IFCI, MLL, orbit?


  5. CB Says:
    January 9th, 2009
    Posted at: 12:37 pm

    Hi serenity, no, stay away from Real estate till Results are out.. results are not expected to be good.. On dips buy Rural Electrification Corporation


  6. Raj Says:
    January 9th, 2009
    Posted at: 12:38 pm

    Hi CB, How is eurpoian and Dow futures looking... are we going to see some up move in our market later in the day or on monday...


  7. CB Says:
    January 9th, 2009
    Posted at: 12:40 pm

    Hi Raj, Dow futures are flat.. Asia is flat.. I don't think we are following global queues as of now..


  8. aryan Says:
    January 9th, 2009
    Posted at: 12:59 pm

    hi CB.,

    what would you feel todays nifty level ending up, would u see some recovery. else still down side now from 2830


  9. CB Says:
    January 9th, 2009
    Posted at: 1:02 pm

    Hi aryan, We may close around 2800 levels..


  10. uniyal Says:
    January 9th, 2009
    Posted at: 1:07 pm

    Hi, CB should i buy Unitech or not........ how much it can go down


  11. snt Says:
    January 9th, 2009
    Posted at: 1:15 pm

    Can we enter Punj Loyed at this level for holding for a week time?


  12. CB Says:
    January 9th, 2009
    Posted at: 1:20 pm

    Hi uniyal, no, stay away from Real estate till Q3 results are out.. Results are not expected to be good..

    Hi snt, yes, but keep a strict stoploss of 2780-2800 on Nifty.. We could see a free fall in markets below this level.


  13. Vishesh Says:
    January 9th, 2009
    Posted at: 1:27 pm

    CB, shuld i book loss in punj right now or wait for some more time.... hvng@128 ........

    as can't covert to delivery :(


  14. Rajendra Says:
    January 9th, 2009
    Posted at: 1:27 pm

    Hi CB. i have bouht punj lloyd at 111. should i book profit a t16 or hold? thnks for the call :)


  15. CB Says:
    January 9th, 2009
    Posted at: 1:28 pm

    Hi Vishesh, hold it for some more time..

    Hi Rajendra, hold it..


  16. Vishesh Says:
    January 9th, 2009
    Posted at: 1:30 pm

    Hi Rajendra, good luck buddy :)

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