Intraday calls for 11-12-09
Markets likely to open positive. Resistance for nifty is at 5160-5180. Support is at 5080
Buy Electrosteel Castings Ltd at 46, target: 48.50. Stoploss: 44.90
Buy Ind-Swift Laboratories Ltd at 76.65, target: 80. Stoploss: 74
Update: Markets likely to take queues from the IIP data which will be out at 12pm
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Akila Says:
December 11th, 2009
Posted at: 1:39 pm
Cox n kings gr8 listing...going gr8.... on such a volatile and uncertain day..
Venkat Says:
December 11th, 2009
Posted at: 1:39 pm
Hi CB, I was going through the JP Morgan and HSBC report, even though the median of IIP was expected 12% the growth of 10.3% was not definitely bad.. it seems. Also the report on White goods is encouraging as demand was very good from the last qtr.
sunil Says:
December 11th, 2009
Posted at: 1:40 pm
should i cover my short on nifty shorted @ 5060
ARIJIT DAS Says:
December 11th, 2009
Posted at: 1:41 pm
Hi cb,
can i go for sail 210 ca dec series?
RajeshM Says:
December 11th, 2009
Posted at: 1:41 pm
hi Venkat, you are right... it is just that immediate response of the market is based on expectation and sentiment !
CB Says:
December 11th, 2009
Posted at: 1:42 pm
Hi Shah Viral, around 120
Hi Yusuf, if nifty breaks 5100 again exit from it for now.
preeti Says:
December 11th, 2009
Posted at: 1:42 pm
Hi CB, wht do u thnk abt jagran prakashan..holdn at 122..whts the upside andtime frame..thanks
ASHOK69 Says:
December 11th, 2009
Posted at: 1:42 pm
shall i sell fiem ind, which I bought at 117, and buy andhra bank at cmp
TARUN Says:
December 11th, 2009
Posted at: 1:43 pm
Hi CB,
If nifty does not touch 5050 today, are there good chances of it touching 5050 in 1-2 days.
and with less IIP Data, the chances of nifty touching 5200 are reduced or not ??
Thanks
preeti Says:
December 11th, 2009
Posted at: 1:44 pm
Hi Akila,thanx :)
CB Says:
December 11th, 2009
Posted at: 1:45 pm
Hi Murali, not yet. wait for some time
Hi RajeshM, yes, hold them. they are strong bets
Hi Akila, yes..
Hi ARIJIT DAS, not yet
Hi preeti, above 126 it can see 137
niranjan Says:
December 11th, 2009
Posted at: 1:47 pm
hi cb
am holding indusind what shall i do
Murali Says:
December 11th, 2009
Posted at: 1:47 pm
HI CB what's view on idea???
CB Says:
December 11th, 2009
Posted at: 1:47 pm
Hi ASHOK69, no. hold onto it..its also a good bet
Hi TARUN, yes.. 5200 seems unlikely for now
Anil Says:
December 11th, 2009
Posted at: 1:47 pm
CB,
How is TATASTEEL looking?? Can i add some more puts??
lanka Says:
December 11th, 2009
Posted at: 1:48 pm
hi cb can i short idea fut @ 58 it can add 19% open interest on down side its rsi can reach 82 levels plz advise u and told stop loss with targets