Intraday calls for 16-04-09
Buy Hindustan Construction for a target of 64-66. Stoploss: 58
Buy Reliance Infrastructure for a target of 740. Stoploss: 700
if markets show weakness later during the day, short sell: Reliance Industries.
Sensex has resistance at 11650. This is 50% retracement from the previous fall from 15600-7700. One can look at booking profits at higher levels. Markets have run up a lot and we might see some correction in coming days.
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Suresh Says:
April 16th, 2009
Posted at: 1:04 pm
Hi CB, I buyed relinfra@726. Could any one suggest me weather shall I hold it or exit now? ..Suresh
Sujay Says:
April 16th, 2009
Posted at: 1:04 pm
Shall we square off JP associat then ?
Ranga Says:
April 16th, 2009
Posted at: 1:08 pm
Hi Sujay, I am expecting a little up move in nifty up to a 50 points, %K also may cross %D soon, so better to wait for some time. I am going to wait, not booking loss as off now
Ranga Says:
April 16th, 2009
Posted at: 1:09 pm
Hi Sujay, 3390 os suport now. dont blame me if you loose boss. may be I am wrong or right, I am doiing this
hari Says:
April 16th, 2009
Posted at: 1:17 pm
why market is going down????????
Sujay Says:
April 16th, 2009
Posted at: 1:21 pm
Hi Ranga,
No way..why would I blame you...we are in the same school :)
btw, I am used to losses
Pralay Says:
April 16th, 2009
Posted at: 1:22 pm
Guyz, I am really confused. With Infy expecting drop in profit, almost sure possibility of hung parliament and inflation less than unity, how we can still see strong rally? Is it just because of FII? And today market coming down a bit, is it that FII flow is on lower side?
Ranga Says:
April 16th, 2009
Posted at: 1:25 pm
Hi Sujay, hmm, me too. but for me now a days I am getting more number of profits than losses. but coming to the money it is stable.
ram Says:
April 16th, 2009
Posted at: 1:25 pm
Hey...
whats happening? all advised no short selling... and here we are with 'all fall down'
Ranga Says:
April 16th, 2009
Posted at: 1:27 pm
Nifty is trying to go up, if it crosses 3415 then will be good.
Ranga Says:
April 16th, 2009
Posted at: 1:28 pm
Hi Sujay, %K crossed above %D, and if nifty crosses 3415 then MACD also give a buy signal.
Sujay Says:
April 16th, 2009
Posted at: 1:35 pm
Hi Ranga :)
Hold on to your thoughts... Its too volatile
Ranga Says:
April 16th, 2009
Posted at: 1:35 pm
over nifty is falling, I am leaving now
Ranga Says:
April 16th, 2009
Posted at: 1:36 pm
3390 is a support
Ranga Says:
April 16th, 2009
Posted at: 1:36 pm
Hi Sujay, yes, wait for little bit of time
Ranga Says:
April 16th, 2009
Posted at: 1:37 pm
.Hi Sujay, at lease will decrease the los es