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Intraday calls for 12-03-09

Posted on: March 12th, 2009 at 9:19 am

Markets likely to see a gap up opening.

If markets see profit booking later during the day, short sell: Axis bank (below 280) and Renuka Sugars.

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95 Responses

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  1. Geetha Says:
    March 12th, 2009
    Posted at: 10:34 am

    i bought tata motors@141. what will be the target?


  2. Shalu Says:
    March 12th, 2009
    Posted at: 10:35 am

    What is the short term target for cairn? is it worth holding short term or should i sell @ current price.....i bought at 167/share. Thanks CB


  3. Divyesh Says:
    March 12th, 2009
    Posted at: 10:37 am

    Shorted Axis @ 285.80


  4. CB Says:
    March 12th, 2009
    Posted at: 10:38 am

    Hi DS, no..dont buy it yet..

    Hi Abhishek, it has strong support at 24-24.50.. dont buy it.

    Hi Geetha, it has support at 140.. it can touch 144


  5. CB Says:
    March 12th, 2009
    Posted at: 10:39 am

    Hi Divyesh, ok..


  6. CB Says:
    March 12th, 2009
    Posted at: 10:41 am

    Hi Shalu, it can touch 166.. It depends more on Curde movement.. as of now a hold


  7. deba Says:
    March 12th, 2009
    Posted at: 10:46 am

    good morning CB i have reliance capital @365. i have loss of 25% now
    i want sell it as everyone is saying that it can goes to 150-200. i think to selll it and buy satyam to compaisate the loss. i need your help please reply me?


  8. CB Says:
    March 12th, 2009
    Posted at: 10:49 am

    Hi deba, no one is sure at what would be the bid for Satyam.. maybe once things clear out and we are sure of who is taking over Satyam, we could buy it.


  9. Abhishek Says:
    March 12th, 2009
    Posted at: 10:53 am

    hi sir, any midcap call for intraday...
    how about bombay rayon wht the intraday target..


  10. CB Says:
    March 12th, 2009
    Posted at: 10:55 am

    Hi Abhishek, Bombay Rayon can touch 119..


  11. deba Says:
    March 12th, 2009
    Posted at: 10:58 am

    acctually i am asking to wheather sell or hold reliance capital as everyday it is touching new lows. i am woried about reliance cap. what to do with that


  12. Divyesh Says:
    March 12th, 2009
    Posted at: 11:01 am

    Hi Cb Do we need to keep Sl on Axis bank, if so please advise the sl


  13. CB Says:
    March 12th, 2009
    Posted at: 11:03 am

    Hi deba, it looks weak technically and could see some more downside if markets continue to fall.. one option is you could avg it on dips. .

    Hi Divyesh, yes.. keep a sl at 289


  14. hilay Says:
    March 12th, 2009
    Posted at: 11:03 am

    Hi CB, Satyam is going down... looking for intraday... Please suggest...


  15. CB Says:
    March 12th, 2009
    Posted at: 11:08 am

    Hi hilay, ya. dont buy it now


  16. srv Says:
    March 12th, 2009
    Posted at: 11:27 am

    dear cb!
    axis is going up! can i enter for a short @ 289/- now

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