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Intraday calls for 12-08-09

Posted on: August 12th, 2009 at 9:22 am

Markets likely to see a gap down opening.

If markets show recovery later during the day, buy: Chambal fertilzers and GVK power.

Chambal fertilizers has strong support at 46.50-47.. Its near its 200 DMA of 46.80 and has made a double bottom at 47. Stock is also in oversold territory and may show a good bounce if markets see any recovery. keep a strict stoploss at 46.50. To view chart: Click here

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507 Responses

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  1. Arasu Says:
    August 12th, 2009
    Posted at: 1:29 pm

    seems IIP no's came good...

    can we expect NIFTY back to 4400 level...

    Holding LONG NIFTY fut from 4371.... If breaks 4350... Shd i book Loss... then @ what level...

    Target and SL.... Pls suggest.. Wht shd i do..........


  2. bharath Says:
    August 12th, 2009
    Posted at: 1:29 pm

    hi cb,

    what is the target for EID PARRY INDIA LTD for today


  3. CB Says:
    August 12th, 2009
    Posted at: 1:32 pm

    Hi sm, buy it

    Hi Sri, no..recently it did not correct

    Hi hilay, buy Provouge or jp assoc

    Hi Arasu, yes.. hold it.. keep sl at 4350..can see 4400

    Hi bharath, not sure about it


  4. DJ Says:
    August 12th, 2009
    Posted at: 1:35 pm

    Hi cb what is target of Airtel in short term


  5. Sri Says:
    August 12th, 2009
    Posted at: 1:35 pm

    Hi CB

    Excel Infoways is down by 7% is it a good bet, can i buy it now, please advice. What is the target for short term.


  6. Nitin Says:
    August 12th, 2009
    Posted at: 1:35 pm

    Sir I Have short in Bhartiartl @ 391 now it move up so can I avag or wait?


  7. Niladri Says:
    August 12th, 2009
    Posted at: 1:35 pm

    Hi CB,
    I asked you this question some time back regarding averaging out Suzlon,Rei Agro, Ambika. You said when nifty breaks 4000.Now it has, shud i average?

    Niladri


  8. CB Says:
    August 12th, 2009
    Posted at: 1:36 pm

    Hi DJ, around 420

    Hi Sri, wait for some time to enter it

    Hi Nitin, no.dont avg.. keep sl at 400


  9. CB Says:
    August 12th, 2009
    Posted at: 1:36 pm

    Hi Niladri, yes..avg some..


  10. hilay Says:
    August 12th, 2009
    Posted at: 1:39 pm

    Hi CB, any targets for provogue....
    Also suggest if I can buy essar oil or suzlon....


  11. Yogesh Says:
    August 12th, 2009
    Posted at: 1:40 pm

    Hi CB, shud i invest in icici bank at current level, please give sl as well


  12. CB Says:
    August 12th, 2009
    Posted at: 1:40 pm

    Hi hilay, buy some of suzlon..provouge can see 64


  13. abs Says:
    August 12th, 2009
    Posted at: 1:41 pm

    Hello CB, what is the market trend? I am in huge loss, with united spirits, bartronics, sesa? hold or exit?


  14. CB Says:
    August 12th, 2009
    Posted at: 1:42 pm

    Hi abs, hold them..markets are likely to see an upmove soon


  15. hilay Says:
    August 12th, 2009
    Posted at: 1:42 pm

    Hi CB, there are no sellers in Provogue.... Can I buy Indus Fila as it is also a textile company????


  16. harsh ashok Says:
    August 12th, 2009
    Posted at: 1:42 pm

    is suzlon at 83 a good buy for a 15% growth in 1-2 month?? what would be the target in 1 month??

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