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Intraday calls for 11-02-11

Posted on: February 11th, 2011 at 8:30 am

Markets likely to open flat, strong support at 5180

Buy Tata steel around 601 Target: 612, SL 590 – (we may have to hold tata steel for a day or 2 more. if looking strictly for intraday, keep sl at 578)

3.05 pm – book profit in LT (Swing call) at 1540

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776 Responses

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  1. CB Says:
    February 13th, 2011
    Posted at: 11:55 pm

    Hi ARIJIT, not sure of 150 yet. but 145 seems likely in couple of days.


  2. raja m Says:
    February 14th, 2011
    Posted at: 12:09 am

    Hi CB,thanks indeed.May be I am missing something but RSI,MACD and Stoch RSI,all indicate strong upward trend.Your advice,pls.


  3. CB Says:
    February 14th, 2011
    Posted at: 12:25 am

    Hi raja m, yes.. they do.. but after recent fall almost all large/midcaps are oversold and indicators like rsi, macd will show an upward trend.


  4. jit Says:
    February 14th, 2011
    Posted at: 7:47 am

    target and stoploss of rel industries


  5. CB Says:
    February 14th, 2011
    Posted at: 7:51 am

    Hi jit, keep sl near 885. can see 940 in coming days.


  6. jit Says:
    February 14th, 2011
    Posted at: 7:59 am

    what is BTST,,,,how it dffers from delivery in trade....


  7. CB Says:
    February 14th, 2011
    Posted at: 8:03 am

    Hi jit, BTST is possible only in few stocks. you don't have to wait till stock is there in your demat account. you can sell it directly the next day.


  8. jit Says:
    February 14th, 2011
    Posted at: 8:13 am

    is it right that for BTST,we require only 25%of money,,and can hold stock upto t+3 days,,,,,i had taken rel in btst..now i got a mail that iam in debt of huge money,ie the actual price of stock!!please clarify,,,,,in intraday we require only 10% and have to clear positions that day itself wheraes in btst we can hold for 3 days,is it right


  9. Gitanjali Says:
    February 14th, 2011
    Posted at: 8:20 am

    Hi CB, Thanks for your kind replies.
    Shall exit at 71+ levels [from long position]


  10. CB Says:
    February 14th, 2011
    Posted at: 8:23 am

    Hi jit, yes. usually brokers do allow to hold stocks for 2-3 days on margin money. Rel infra stock closed at 617.

    Hi Gitanjali, most welcome. yes, book near 71.50


  11. CM Raghu Says:
    February 14th, 2011
    Posted at: 8:29 am

    hi good morning, any intraday calls?


  12. CB Says:
    February 14th, 2011
    Posted at: 8:29 am

    Hi CM Raghu, Good morning. Buy some of bpcl


  13. Gitanjali Says:
    February 14th, 2011
    Posted at: 8:30 am

    Hi CB, No intra-day calls to day.. Want to give free time for all the Valentine birds..!!?


  14. CB Says:
    February 14th, 2011
    Posted at: 8:32 am

    Hi Gitanjali, :). just posted the call


  15. Gitanjali Says:
    February 14th, 2011
    Posted at: 8:34 am

    Hi CB, OK.. saw the call..
    shall go with BPCL.. ! Thanks again!!

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