Intraday calls for 09-07-10
Markets likely to open slightly higher. Resistance for nifty is at 5355 and support at 5220.
Buy Century Plyboards (India) Ltd at 61.65, target: 64.50. Stoploss: 59.50
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CB Says:
July 11th, 2010
Posted at: 1:23 pm
Hi Gitanjali, yes. both are good ones..lets see.. you too have a good day. shall the email
Ravi Says:
July 11th, 2010
Posted at: 1:24 pm
sorry holding 1000 shares
CB Says:
July 11th, 2010
Posted at: 1:25 pm
Hi sudheer, yes, its a good company fundamentally. continue to hold onto it. will do well in med term.
Hi Ravi, can see 5.80
ramsingh Says:
July 11th, 2010
Posted at: 1:26 pm
Hai CB!
What is the market position in coming week.
Ravi Says:
July 11th, 2010
Posted at: 1:27 pm
Sir, Now Sicagen price in NSE is 18.90
Ravi Says:
July 11th, 2010
Posted at: 1:30 pm
Hi CB, i have seen some paid sites for intraday i.e., snpnifty.com and teamintraday.blogspot.com, it is better to enter or this is fraud sites, please suggest
Gitanjali Says:
July 11th, 2010
Posted at: 1:37 pm
Hi CB, Thanks ..No further queries as of now .. hope to enter jindal tomorrow .. hope the price shall not have risen too much from last close .. Thanks a lot for the call.. Take care.. bye for now.
CB Says:
July 11th, 2010
Posted at: 2:08 pm
Hi ramsingh, may remain in the 5300-5380 range
Hi Ravi, sorry. it has strong resistance at 22. once it crosses it, can head upto 28-30. hold it. not sure of the paid sites. you can ask for a 2-3 day trial. if you find them to be good, then can apply for it
Hi Gitanjali, yes, one can enter near 635.. have a good day.. tc.
suzane Says:
July 11th, 2010
Posted at: 2:31 pm
Hi CB, as u said nifty will be in range 5300-5380 .. Right now nifty is 5352 .. That means nifty can move only 30-40 points to be in range ...
Now the confusion is to exit remaining 50% on rise tommorow or wait for profit booking in nifty as am holding parabolic ( a defensive stock ) ...
Am really confused with this defensive stock. Cant take decision hold or wait for the move ?? Can i consider that as defensive stock and wait for nifty rsi to fall below 20%
rahul Says:
July 11th, 2010
Posted at: 2:37 pm
Hi! CB,
Having Beckons @11.50/- (1200 shs) , Tata Tele @25.50/- (400 shs).
Pl Let me know, need to hold / AVG and their future.
Regards.
CB Says:
July 11th, 2010
Posted at: 2:51 pm
Hi suzane, yes. continue to hold onto the rest for a week or 2. hopefully should see some bounce soon.
Hi rahul, as of now continue to hold onto them. dont avg them yet. fundamentally are sound companies. will recover.
bharathi Says:
July 11th, 2010
Posted at: 3:01 pm
Hi CB, good afternoon, i hold tatasteel put, what would be its target for monday? what should i do if it opens gap up? pls help me.
rahul Says:
July 11th, 2010
Posted at: 3:03 pm
Thanks, CB for your kind information.
Regards.
CB Says:
July 11th, 2010
Posted at: 3:29 pm
Hi bharathi, good afternoon. it has strong resistance at 503-510. for now hold it. if markets turn a bit weak, can see 480
Hi rahul, most welcome.
Siva Says:
July 11th, 2010
Posted at: 3:30 pm
Hi, I am holding Hindustan ZINC AT average of 980, How the stock would be in near term.
Also can u please let me know, can I enter 5400 CE option tomorrow?
or any Call or put option?
Regards,
Siva
CB Says:
July 11th, 2010
Posted at: 3:34 pm
Hi Siva, no, dont avg hind zinc yet. for now continue to hold it. nifty has resistance at 5380-5400. dont enter a call yet.