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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Sujay Says:
April 16th, 2009
Posted at: 3:02 pm
Ranga, Where is the support for Nifty now ?
vamsi Says:
April 16th, 2009
Posted at: 3:05 pm
HI CB, I brought karnatakaBank @91 , can i hold that for some days for recovery? How about Unitech .
Ranga Says:
April 16th, 2009
Posted at: 3:08 pm
Hi keyur, SORRY, DONT KNOW ABOUT TOMORROW, BUT WE MAY REACH 3450 AND LITTLE ABOVE, GUESSING. NOT SURE. BECAUSE UPMOVE HAS NOT STOPPED YET.
Ranga Says:
April 16th, 2009
Posted at: 3:08 pm
Hi Sujay, 3379, 3414
Sunny Says:
April 16th, 2009
Posted at: 3:09 pm
CB - Why such instability in the markets ? Nifty recovered and than slashed again within 1Hr.
ICICI bank increased 20Rs. and then suddenly decreased 10Rs. and its 25Rs. down within minutes....
What went wrong in market ???
*You know how slow movement is always their in ICICI bank
Sujay Says:
April 16th, 2009
Posted at: 3:12 pm
Hi Ranga, We broke 3379...where is the next support ?
Shah Viral Says:
April 16th, 2009
Posted at: 3:21 pm
Market i very deep............
MAy be market is all time Down...........
Ranga Says:
April 16th, 2009
Posted at: 3:21 pm
Hi Sujay, 3344, 3379
Shah Viral Says:
April 16th, 2009
Posted at: 3:23 pm
What's rang of market.............
Shah Viral Says:
April 16th, 2009
Posted at: 3:23 pm
may be Nifty is 3000 almost in next Week
Krishna Says:
April 16th, 2009
Posted at: 3:24 pm
Viral,
no need to worry its just profit booking is happening....
Shah Viral Says:
April 16th, 2009
Posted at: 3:24 pm
CB give the Reply every invester is Confuse........About the Market
Shah Viral Says:
April 16th, 2009
Posted at: 3:31 pm
krishna
Market is Very deep not chance to Up..........
Next Week
Every Script sell..........
Krishna Says:
April 16th, 2009
Posted at: 3:39 pm
Hi Viral,
There is a chance of around 3-4 sessions for up move... later it might come down...
nifty has to move to 3600 and sensex should touch 11800. but lets see what happens from tomorrow
ram Says:
April 16th, 2009
Posted at: 3:42 pm
What goes up must come down..... but what goes down is taking soooooooooo long to come up again..
the fall was expected but the deep fall was not expected.. looking back at the buying prices of all scrips, seems so foolish.
hope for a good bounce back tomorrow. all the best all of u(s)
Sujay Says:
April 16th, 2009
Posted at: 4:09 pm
Thanks for the calls Ranga... you rock.
Made money by selling Rel Infra