Intraday calls for 16-03-09
Markets likely to open flat.
Buy Zee Entertainment around 92-93, target: 97. Stoploss: 90
Buy Punj lloyd on dips around 71-72, target: 76. Stoploss: 70
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Anand Says:
March 16th, 2009
Posted at: 10:43 am
Thanks CB, Today mkt will go up or down?
VijayD Says:
March 16th, 2009
Posted at: 10:45 am
Hi, thanks it is pretty close to 1268 which I calculated(of course now i moved it to 1270). what i see in 6 monthe chart is, its in sideway trend if everything goes fine it should touch 1390-1400 in short term. please give your valuable comment on it. thanks.
CB Says:
March 16th, 2009
Posted at: 10:54 am
Hi Anand, we would be flat.. Nifty has support at 2680..
Hi VijayD, yes.. it can touch 1380-1400 if markets remain positive.. i thought you were holding it for intraday.. for short term, its a hold..
VijayD Says:
March 16th, 2009
Posted at: 10:55 am
yes i want to hold it for short term. is stop loss ok for short term? ie 1370 or i should provide little bit more space. thanks.
CB Says:
March 16th, 2009
Posted at: 10:57 am
Hi VijayD, yes.. keep a sl lower at 1240.. or incase markets fall you could avg it..
VijayD Says:
March 16th, 2009
Posted at: 11:02 am
ok thanks did it.
AMAR Says:
March 16th, 2009
Posted at: 11:13 am
WHAT ABT ESCORTS ???
CB Says:
March 16th, 2009
Posted at: 11:16 am
Hi AMAR, Escorts has resistance at 36.50.. above this it can touch 39-40.. support at 34
SK Says:
March 16th, 2009
Posted at: 11:19 am
CB, Comment on SATYAM plz holding at 48/- for short term
CB Says:
March 16th, 2009
Posted at: 11:22 am
Hi SK, Stayam has strong resistance at 54 level.. once it crosses it, it can touch 64.. as of now its a hold.. Hopefully it should see upmove in near term considering takeover plans..
SK Says:
March 16th, 2009
Posted at: 11:26 am
thnx..........what would be the SL ????
chandu Says:
March 16th, 2009
Posted at: 11:30 am
hi cb market kya lagta hai
CB Says:
March 16th, 2009
Posted at: 11:30 am
Hi SK, around 40-41
CB Says:
March 16th, 2009
Posted at: 11:31 am
Hi chandu, we may close flat today..
Raj Says:
March 16th, 2009
Posted at: 11:34 am
Hi CB, Can i buy Punj now ?
thiru Says:
March 16th, 2009
Posted at: 11:42 am
Hi CB can i buy icici,sintex,dlf and tcs? for intraday