Intraday calls for 09-04-09
Markets likely to see a gap up opening.
Buy Orbit Corporation for a target of 76. Stoploss: 70
Buy Rohit Ferro Tech for a target of 20.60 (5% circuit). Stoploss: 19.30
If markets show weakness later during the day, short sell: Reliance Industries.
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CB Says:
April 13th, 2009
Posted at: 3:02 pm
Hi vamsi, no.. i don't think it will cross 55 soon.. as of now its not a buy
vamsi Says:
April 13th, 2009
Posted at: 3:05 pm
Thank you CB
CB Says:
April 13th, 2009
Posted at: 3:09 pm
Hi vamsi, Most welcome..
harshad Says:
April 13th, 2009
Posted at: 3:39 pm
is market open tomorrow
harshad Says:
April 13th, 2009
Posted at: 3:39 pm
can u pls tell me about akruti i cant sell it
bharath Says:
April 13th, 2009
Posted at: 3:54 pm
Hi Tech mahindra is going to buy Satyam @ 58/share so why is the share value not increasing...can anyone clarify me on that...?
Suresh Says:
April 13th, 2009
Posted at: 3:54 pm
Hi Harshad, Tomorrow(14th April 2009) Is a Holiday for the Market due to the Ambedkar Jayanti.
CB Says:
April 13th, 2009
Posted at: 3:55 pm
Hi harshad, Markets are closed tomorrow..
Hi harshad, Its hitting lower circuits.. you won't be able to sell it unless it stops hitting lower circuits..
CB Says:
April 13th, 2009
Posted at: 3:57 pm
Hi bharath, Stock won't cross 58 soon.. Company is valued at 58 per share.. Share would remain in a range between 45-55 for quite some time.. Once things settle down and Tech Mahindra management makes effective changes we might see some upside in the stock..
harshad Says:
April 13th, 2009
Posted at: 3:57 pm
So will akruti will go up again and Reliance infra will it rise
bharath Says:
April 13th, 2009
Posted at: 4:05 pm
Thnx CB,
You mean it will take some time for the company to make an open offer at 58 per share..?
CB Says:
April 13th, 2009
Posted at: 4:05 pm
Hi harshad, Akruti is a hold for med term.. Rel infra once breaks 680 can go upto 750-800
CB Says:
April 13th, 2009
Posted at: 4:06 pm
Hi bharath, yes.. if you plan to hold for 3-4 months.. its a hold..
Sunil Says:
April 13th, 2009
Posted at: 7:16 pm
Hi CB, is there any problem today in your software, actually i want to know when we should see weekly charts for technically, generally we see daily charts.
hilay Says:
April 13th, 2009
Posted at: 9:28 pm
Hi CB, was there any problem with the site... I was not able to open the site... why today no calls????
I have redington at 142. what should i do???? I can wait only for 3 days...
will there be any calls tomorrow????
CB Says:
April 13th, 2009
Posted at: 9:51 pm
Hi Sunil, Yes.. we were facing problems with the site today.. Hopefully all should be able to view it by tomorrow evening.. I don't think one should view a weekly charts.. One would get more info on suports and resistances if one views 3-6 months charts.
Hi hilay, yes, had issues today.. I did post calls early mornnig but all posts/comments in last 24hrs were deleted.. Redington looks good technically and can touch 145-150 in short term.. hold it.. tomorrow market is closed.. Will post calls day after..