Intraday calls for 12-01-09

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Intraday calls for 12-01-09

Posted on: January 12th, 2009 at 9:10 am

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Markets likely to open flat.
Short sell JSW Steel for a target of 215. Stoploss: 230.

If markets show recovery later during the day, buy NTPC and Oracle Financial Services.

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62 Responses

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Comment pages: 12 3 4 Show all

Raj Says:
January 12th, 2009
Posted at: 9:29 am
Good morning CB, Is it worth buying Satyam if it comes down below 20 ?
Krishna_Hyd Says:
January 12th, 2009
Posted at: 9:43 am
Good morning. News broke in a Telugu TV channel that some fake certificates recovered from Satyam CFO's residence. I Dont know how far it is true.
Krishna_Hyd Says:
January 12th, 2009
Posted at: 9:45 am
wipro could slide today.
CB Says:
January 12th, 2009
Posted at: 9:54 am
Hi Raj, After the board change it is.. lets wait to see how markets react to his move by the govt..
Hi Krishna_Hyd, IT sector is looking strong.. Wipro has support at 246
Krishna_Hyd Says:
January 12th, 2009
Posted at: 9:56 am
There is a disclosure from Wipro that it is barred from world bank contracts till 2011.
DM Says:
January 12th, 2009
Posted at: 10:08 am
Hi CB,
Good Morning
Can I short JSW Steel now for target of 215?
CB Says:
January 12th, 2009
Posted at: 10:10 am
Hi DM, Wait for some more time..
parag Says:
January 12th, 2009
Posted at: 10:16 am
can i short DLF?
DM Says:
January 12th, 2009
Posted at: 10:16 am
Can I buy satyam for intraday where can it reach today on higher side?
CB Says:
January 12th, 2009
Posted at: 10:18 am
Hi parag, Short if Nifty breaks 2800..
Hi DM, it could touch 40.. buy it on dips..
mohit Says:
January 12th, 2009
Posted at: 10:20 am
should I short JSW steel
RAJESH SHENOI Says:
January 12th, 2009
Posted at: 10:20 am
sir gm minifty levels pls
serenity Says:
January 12th, 2009
Posted at: 10:21 am
Hi CB, shud one buy Dena Bank at present levels..also, how about buying kaushalya?
serenity Says:
January 12th, 2009
Posted at: 10:22 am
Even Orbit is at relatively low level , wot say?
CB Says:
January 12th, 2009
Posted at: 10:23 am
Hi mohit, short if Nifty breaks 2800. .
Hi RAJESH SHENOI, Support at 2800... below this we could touch 2750 today..
Hi serenity, dont buy yet.. if we break 2750 today or tomorrow we are headed towards 2500