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Intraday calls for 12-05-09

Posted on: May 12th, 2009 at 8:59 am

Markets likley to open flat.

Buy Educomp on intraday dips as markets are likley to see some bounce from support levels of 3520-3530.

If we break 3500 on the downside: Short sell: DLF.

Please trade in small quantity as markets are likley to be volatile.

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170 Responses

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Comment pages: 34567891011Show all

  1. kidrock Says:
    May 12th, 2009
    Posted at: 12:43 pm

    Hi
    is today still a good day for day trading??
    IF so what do we get?


    TIA


  2. CB Says:
    May 12th, 2009
    Posted at: 12:46 pm

    Hi kidrock, Wipro can touch 370..


  3. atul Says:
    May 12th, 2009
    Posted at: 12:47 pm

    but nifty put 3400, volume goes very high, may be people buy at that level...what u think so??


  4. CB Says:
    May 12th, 2009
    Posted at: 12:49 pm

    Hi atul, no..its not a buy yet.. Nifty needs to break 3500 to touch 3400


  5. CB Says:
    May 12th, 2009
    Posted at: 12:50 pm

    ILL BE BACK IN 30 MIN..,-


  6. Deepak Says:
    May 12th, 2009
    Posted at: 12:52 pm

    Hi CB

    Can Financial Tech be bought now?. If what levels?


  7. bs Says:
    May 12th, 2009
    Posted at: 12:54 pm

    Hi CB,
    Should sell Axis bank and ICICI bank at current lavels. Purchased price was 560 and 412 respectively.
    And should buy praj??


  8. kidrock Says:
    May 12th, 2009
    Posted at: 1:08 pm

    Tks.. I bought WIPRO at 364.45


  9. Raj Says:
    May 12th, 2009
    Posted at: 1:11 pm

    CB, Shall i buy suzlon @cmp for intraday?


  10. itsnexgen Says:
    May 12th, 2009
    Posted at: 1:20 pm

    CB .. is this a start of another upward move???


  11. GRACE Says:
    May 12th, 2009
    Posted at: 1:42 pm

    Hi! Bought nifty PE 3600 at 192 now it is at 162.What should I do now?Please suggest.


  12. CB Says:
    May 12th, 2009
    Posted at: 1:43 pm

    Hi Deepak, yes

    Hi bs, hold both of them..don't buy Praj yet

    Hi kidrock, ok

    Hi Raj, wait for some more time

    Hi itsnexgen, not really..we could say that once we cross 3730.. as of now its a bounce from support levels


  13. CB Says:
    May 12th, 2009
    Posted at: 1:44 pm

    Hi GRACE, hold it for some more time. keep a sl at 3650 (spot)


  14. bs Says:
    May 12th, 2009
    Posted at: 1:53 pm

    Thanks CB. What abt GVK power? I have 250@16. I have praj 100@69. what to do?
    Regards


  15. CB Says:
    May 12th, 2009
    Posted at: 1:55 pm

    Hi bs, hold them.. GVK has resistance at 30..above this it can touch 35.. Praj is a hold.it will do well in short term if markets remain positive..


  16. bb Says:
    May 12th, 2009
    Posted at: 1:57 pm

    hi CB, any suggestions to buy the stocks to hold upto one week ?

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