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Intraday calls for 11-02-09

Posted on: February 11th, 2009 at 9:13 am

Markets likely to see a gap down opening.
If markets show recovery later during the day, buy: IFCI above 19.50, and Chambal fertilizers above 39.

No short sell calls as markets will open with a huge gap down.

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166 Responses

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  1. Harvinder Says:
    February 11th, 2009
    Posted at: 9:28 am

    Hi CB,
    Should I sell Larsen in the opening trade or later on.


  2. CB Says:
    February 11th, 2009
    Posted at: 9:35 am

    Hi Harvinder, Stocks will open lower considering global queues.. I feel we would see some recovery after the gap down opening, Wait for some time before going short.


  3. Ranga Says:
    February 11th, 2009
    Posted at: 9:35 am

    Helllo Guru, GM, cal I avg Axis in this gapdown openeing? yesterday took at 434


  4. CB Says:
    February 11th, 2009
    Posted at: 9:37 am

    Hi Ranga, hold it for 2-3 days.. some upmove in markets could be seen considering budget will be announced soon


  5. Rudresh Says:
    February 11th, 2009
    Posted at: 9:38 am

    Hi CB,
    I Bought JPASSO @76, Can i Hold this


  6. CB Says:
    February 11th, 2009
    Posted at: 9:38 am

    Hi Rudresh, yes, hold it for 3-4 days..


  7. Raj Says:
    February 11th, 2009
    Posted at: 9:39 am

    GM, CB how is steel sector is looking shall i short any of the steel scripts ?

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