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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. CB Says:
    July 16th, 2009
    Posted at: 9:46 am

    Hi Pratham, not sure about it

    Hi MOHIT, yes..book partial profits and hold rest with a strict trailing sl


  2. CB Says:
    July 16th, 2009
    Posted at: 9:46 am

    Hi Bharath, they can add 3-4% today.. dont buy if they open gap up


  3. Bharath Says:
    July 16th, 2009
    Posted at: 9:47 am

    Hi CB
    at what price can enter alok


  4. CB Says:
    July 16th, 2009
    Posted at: 9:47 am

    Hi Bharath, wait for couple of days.. if Nifty corrects we could get it 7-10% lower


  5. Bharath Says:
    July 16th, 2009
    Posted at: 9:48 am

    hi cb,
    do u mean the nifty goes down at the starting


  6. CB Says:
    July 16th, 2009
    Posted at: 9:48 am

    Hi Bharath, no..after opening positive (up 50-60 points) it could come down if profit booking comes in


  7. Bharath Says:
    July 16th, 2009
    Posted at: 9:49 am

    hi cb,
    today im planning to invest 1L for intra which are the most profitable ones.


  8. Manish Says:
    July 16th, 2009
    Posted at: 9:49 am

    Bharath, Even I am waiting for Alok to come down...it should be available in 13-15 levels in a few days...it's top pick for long term ( 2-3 years )


  9. deba Says:
    July 16th, 2009
    Posted at: 9:50 am

    i have alok 300@ 23 Sail50@169 and gmr infra150 @150
    what to do
    which one to avrage at what rate and which one to exit on rise?


  10. CB Says:
    July 16th, 2009
    Posted at: 9:50 am

    Hi Bharath, buy Hero Honda above 1500 or if we see sings of profit booking sell HDIL


  11. CB Says:
    July 16th, 2009
    Posted at: 9:51 am

    Hi deba, hold them for short term..dont avg now..in case Nifty sees a correction add some of them


  12. Arasu Says:
    July 16th, 2009
    Posted at: 9:51 am

    Hi CB,

    yesterday I shorted BANK NIFTY @ 6760 and it flied over to 6965 now... Will it come to 6700 level.... What is happening... why sudden rise in NIFTY in 2 sesssions...

    pls explain


  13. Rahul Says:
    July 16th, 2009
    Posted at: 9:51 am

    Hi all, main wahi hu jisne tumhe APTN direct ki news di thee, from one of news agency. Today may be a risky day for sudden selling. RBI meeting is there with PM. Tussle is there. Inflation to be announced. & one more announcement regarding monsoon in lok sabha arount 2 PM. so be cautious. not sure, bt not looking positive for market. better to take care


  14. anwer Says:
    July 16th, 2009
    Posted at: 9:51 am

    Hi CB

    target of ICICI bank & Sterlite today ??
    I have these stocks at 2% loss


  15. CB Says:
    July 16th, 2009
    Posted at: 9:54 am

    Hi Arasu, its due to global rally and good results posted by major companies.. keep strict sl at 4330 on Nifty and hold it

    Hi Rahul, thanks a lot for sharing the info..

    Hi anwer, they will open gap up.. book partial profits in them


  16. raj Says:
    July 16th, 2009
    Posted at: 9:54 am

    CB, i have HDIL brought at 312 should i sell later today to reenter at lower levels ? or hold?

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