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Intraday calls for 16-07-09

Posted on: July 16th, 2009 at 9:22 am

Markets likely to open gap up. Nifty has strong resistance at 4320-4340 levels.

Buy Hero Honda Motors above 1500, target: 1530. Stoploss: 1488
Buy Bajaj Hindustan at 160, target: 168. Stoploss: 157.

If markets show weakness later during the day, Sell: HDIL

Please trade in small quantities

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532 Responses

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  1. kidrock Says:
    July 16th, 2009
    Posted at: 9:31 am

    Thanks CB, will do. :-)


  2. CB Says:
    July 16th, 2009
    Posted at: 9:31 am

    Hi Kartheek, hold it for some time


  3. ramji Says:
    July 16th, 2009
    Posted at: 9:32 am

    what price to enter hdil?


  4. CB Says:
    July 16th, 2009
    Posted at: 9:32 am

    Hi kidrock, thanks


  5. asit Says:
    July 16th, 2009
    Posted at: 9:32 am

    HI CB and others...
    what will be the market today?


  6. Mayur Says:
    July 16th, 2009
    Posted at: 9:32 am

    Hi CB. Good Morning.

    I observe that the Dow Jones Futures are trading Negative 32. Is there an anticipated course due to this for the US Markets and simultaneously India?


  7. Manish Says:
    July 16th, 2009
    Posted at: 9:32 am

    Good Morning CB, it seems that Zee is reporting results today which might not be great....it will announce at 3:00pm...also US jobless claims would be reported today which might again rise.... Can we short sell Zee to cover at the end of session after maintaining stop losses ?


  8. Kartheek Says:
    July 16th, 2009
    Posted at: 9:33 am

    CB, can I take any CALL option today?


  9. tom Says:
    July 16th, 2009
    Posted at: 9:34 am

    good morning sir.....i am still holding 220 ntpc call july expiry at 1 rupees premium.........what are its chances of crossing 1.50 .....yesterday closing was 1.25


  10. Satheesh Says:
    July 16th, 2009
    Posted at: 9:34 am

    Hi CB, what are nifty levels? I had short possion in nifty at 4185, shld I book loss today? plz help me...........


  11. KRK MURTHY Says:
    July 16th, 2009
    Posted at: 9:34 am

    Hi CB, I used to visit regularly, would like to ask you one doubt? today is Polaris last book closer day : how will be the Polaris ? Please.....


  12. pp Says:
    July 16th, 2009
    Posted at: 9:35 am

    gud mrng cb boss,shd i enter nifty fut fresh position,if yes den wht lvl,if not shd i sell nifty


  13. arun Says:
    July 16th, 2009
    Posted at: 9:35 am

    hi good morning CB, any thing for intraday


  14. S.K. Says:
    July 16th, 2009
    Posted at: 9:35 am

    G.M. CB N ALL


  15. CB Says:
    July 16th, 2009
    Posted at: 9:37 am

    Hi ramji, around 4300 on Nifty

    Hi asit, markets will open gap up..lets see if we see profit booking or continue to move higher

    Hi Manish, dont go short on it..its looking good on charts

    Hi Mayur, not really.. Asia is trading strong

    Hi Kartheek, no..

    Hi tom, would advice to book some profits on todays gap up opening.. if you are holding 2-3 book in 50%

    Hi Satheesh, keep a strict sl at 4330 and hold it..

    Hi KRK MURTHY, it looks good technically..can add 5-6rs


  16. CB Says:
    July 16th, 2009
    Posted at: 9:38 am

    Hi pp, Good morning.. sell it if we are unable to cross 4320.

    Hi arun, Good morning.. buy Hero Honda above 1500

    Hi S.K., Good morning

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