Intraday calls for 14-08-09
Buy REI Agro at 48.80, target: 50.40. Stoploss: 48.10
If markets show weakness later during the day, Sell: Bajaj Hindustan
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CB Says:
August 14th, 2009
Posted at: 8:43 pm
Hi dd, thanks for you comments.. yes..Tanla is oversold.. Tanla has not yet come above the 30% mark. so this is not a stock with rising RSI.. whenever it crosses the 30% level it will show up
Hi AC, Good evening.. it is likely to open 10-15% higher.. GVK can see 49 if markets open flat/positive.. not sure about Satyam
Sandy Says:
August 14th, 2009
Posted at: 8:45 pm
Good Evening Chirag,
Today GHCL is @ 40 around shd i sell dis on mon.. What u suggest? Also shld i sell unitech bought @88?
CB Says:
August 14th, 2009
Posted at: 8:46 pm
Hi Sandy, hold GHCL for some more time..it can see 44.. Unitech has a target 100+ in coming days..
sunil Says:
August 14th, 2009
Posted at: 8:51 pm
hi cb,
do u expect nifty to open gap down on monday as dow is trading in deep cut
CB Says:
August 14th, 2009
Posted at: 8:53 pm
Hi sunil, yes..we are likely to see a gap down opening if US continues to trade lower till close
sunil Says:
August 14th, 2009
Posted at: 8:56 pm
cb im interested in playing with volatality can i buy both call and put of next month as market trend is changing every week il hold for 10 days can i get good amount of profit with this strategy or do u have any other stratergy
CB Says:
August 14th, 2009
Posted at: 9:01 pm
Hi sunil, yes..this can be done.. markets are showing good bounces from support levels and most of the time playing in the range..lets see where we open.. could take a call from there
sunil Says:
August 14th, 2009
Posted at: 9:06 pm
after mondaYs opening please advise me which call and puts to be bought
CB Says:
August 14th, 2009
Posted at: 9:37 pm
Hi sunil, not sure yet..lets see if any buying comes in on dips or we continue to fall..also need to see asian markets..
sunil Says:
August 14th, 2009
Posted at: 9:54 pm
at what levels u expect buying to come back cb?
CB Says:
August 14th, 2009
Posted at: 10:23 pm
Hi sunil, not sure..it depends more on global queues.. support is around 4450 levels..we may see some bounce from here..
CB Says:
August 14th, 2009
Posted at: 10:23 pm
Hi sib, I have emailed you
Sri Says:
August 14th, 2009
Posted at: 10:24 pm
hi cb
if we see gap down opening to, do you see markets going down to 4400 & wat about excel infoways, it has not gone up when nifty increased by 150 points.
Arun Says:
August 14th, 2009
Posted at: 10:33 pm
HI CB,
Not sure if i should be asking this here but am trying to learn identifying the tripple top pattern. I looked at the chart for OCL put up in the site today. Looks like the stock is breaking out of the pattern. In this case, is the target price calculated as:
Resistance + Range
For OCL, would this then be approx 118 + (118.9 - 89.9)?
Please correct me if I am wrong here.
Thanks,
Arun
Ashok Says:
August 14th, 2009
Posted at: 10:38 pm
Dear CB,
Thank you for kindness, hope u going good, I hold 1890 SBI @ 60 rs call, pls advice what I do this on Monday?.
A proud Indian Salute you on our independance day, a salute to my India.
Thank You,
Ashok
RLN Says:
August 14th, 2009
Posted at: 10:59 pm
Hi, Happy Independence Day Greetings to one and all! Let us together build a strong, vibrant, corruptionless and powerful India. Jai Hind!