Intraday calls for 09-04-12
Markets likely to open lower. Support for nifty is at 5275.
Buy PTC India on dips near 66-66.50, target: 69. Stoploss: 64.
Buy Rushil decor on dips near 222, target: 230. Stoploss: 217
Trade in small quantities
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CB Says:
April 9th, 2012
Posted at: 9:00 am
Hi RAVI, it does look good. strong support at 18.50. can see 21. hold for now.
SAGAR (SB) Says:
April 9th, 2012
Posted at: 9:01 am
Hi CB, holding tatasteel Fut @ 478 ; closing price was 474 ; what to do bhai ?
revan Says:
April 9th, 2012
Posted at: 9:01 am
hi CB can you pls explain your PTC buy call in technically??????
CB Says:
April 9th, 2012
Posted at: 9:02 am
Hi SAGAR (SB), it has good support at 470. likely to hold onto it. keep it for a day or 2. hedge with a 5200 pe.
SAGAR (SB) Says:
April 9th, 2012
Posted at: 9:03 am
Hi CB, ok
CB Says:
April 9th, 2012
Posted at: 9:06 am
Hi revan, it has given a breakout above 62. also above 200dma of 63. hope this helps: http://www.4shared.com/photo/oz6aIbRe/bakedChart.html
divya Says:
April 9th, 2012
Posted at: 9:08 am
can i short BankNifty at the opening for a target of 10200 on the downside
CB Says:
April 9th, 2012
Posted at: 9:08 am
Hi divya, yes, below 10300, one can go short
Akash Says:
April 9th, 2012
Posted at: 9:10 am
Hi CB, GM. How is Schneider Electric in intraday and also for 1-2 weeks hold? How is it for long term also? Can we buy at CMP for target 100+ in 1-2 weeks and 150+ in 6-9 months?
Kumar Says:
April 9th, 2012
Posted at: 9:11 am
Thanks CB, That will be target if i hold Ashok Leyland for 1 mth.
CB Says:
April 9th, 2012
Posted at: 9:12 am
Hi Akash, its a good long term bet. can add on dips
Hi Kumar, can test 35
ARCHANA Says:
April 9th, 2012
Posted at: 9:13 am
Hi CB, good morning cb......how is tiday market...?
CB Says:
April 9th, 2012
Posted at: 9:13 am
Hi ARCHANA, seems may open 40-50 points lower. likely to recover back later in the day
sanzy Says:
April 9th, 2012
Posted at: 9:15 am
hi CB/Kartik,
can i consider entering Bank Nifty 10000PE at the opening...
pls give me levels for Bank Nifty in the lower side
CB Says:
April 9th, 2012
Posted at: 9:15 am
Hi sanzy, yes. can test 10100
SS Says:
April 9th, 2012
Posted at: 9:16 am
Hi CB,
GM, What cud be wipro target. Holding short...thanks