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Intraday calls for 16-10-09

Posted on: October 16th, 2009 at 9:17 am

Nifty has support at 5070-5080.

Buy Aptech at 275-277, target: 288. Stoploss: 271

Short term call: Buy Subhash projects at 162 target: 175. Stoploss: 149

10.00 AM – Buy ICSA at 224 target 231- stoploss: 219

2.55 pm – buy Century Textile at 525 – 1-2 day target 540. Stoploss: 513

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752 Responses

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  1. dak Says:
    October 17th, 2009
    Posted at: 2:19 pm

    CB, ICICI have picked Bharti Airtel for Muhurat trading with a target of 455. whats your take on this?


  2. CB Says:
    October 17th, 2009
    Posted at: 2:27 pm

    Hi pralhad, Happy Diwali.. it can add another 10-12%.. buy in small quantity at cmp

    Hi deepak, for trading go with DLF or Century textiles

    Hi dak, Happy Diwali to you too.. ICICI looks good.. not sure of Bharti..

    Hi Suzane, Happy Diwali..


  3. Arasu Says:
    October 17th, 2009
    Posted at: 2:28 pm

    CB/ Karthick, I have shorted BANK NIFTY @ 9465 yesterday (FRiday).... Now its 9565.... If bank nifty falls or opens down... Can i buy i.e.. Square Off yeserdays trade...
    Is it considered as sqaure off or new buy... Pls advice what to do today muharat trading?
    Also pls share your view on bank nifty for monday.... Dow was down due to bank of america i think so... Will it impact Indian Bank NIFTY???
    What shd i do to exit with no loss??

    Happy Diwali


  4. Zephyer Says:
    October 17th, 2009
    Posted at: 2:29 pm

    shall i buy 100 shares of DLF if i am getting 50Rs profit for intraday


  5. CB Says:
    October 17th, 2009
    Posted at: 2:31 pm

    Hi Arasu, markets may open flat today.. i am not yet sure if we can square off positions taken yesterday.shall inform soon.. hold it for some time..some profit booking is likely

    Hi Zephyer, yes.. go for it..


  6. Avis Says:
    October 17th, 2009
    Posted at: 2:36 pm

    Hi cb
    wish u happy diwali
    i have struck up with my short position of cnxit oct series @ 4860 now its trading @ 4930
    pls advise me wat level it can see in todays trade and monday


  7. Zephyer Says:
    October 17th, 2009
    Posted at: 2:46 pm

    hi, one very important question wat is your full name


  8. Arasu Says:
    October 17th, 2009
    Posted at: 2:46 pm

    Thanks for the update... Pls let me know whether we can square off yeserday trade before muharat trading... Also what may be the SL for bank NIfty shorted @ 9465...


  9. subramanivs Says:
    October 17th, 2009
    Posted at: 2:47 pm

    Hi cb and ALL,

    On this auspicious occasion,I wish the color, bliss and beauty Of this festival be with you throughout the year! Happy Diwali ..........


  10. Adil Says:
    October 17th, 2009
    Posted at: 2:53 pm

    Hi cb happy divali to u and ur team pls give me century textile tgt till tuesday


  11. ABHINAV Says:
    October 17th, 2009
    Posted at: 2:55 pm

    hi,

    Can u plz guide me on SESA GOA, I have shorted it at 325 Level (as it was in overbought zone as per my analysis and still it is) but I can't continue with such huge losses. Should I Exit...?

    Plz reply before the MUHURRAT TRADING SESSION.

    Thanks
    Abhinav


  12. subramanivs Says:
    October 17th, 2009
    Posted at: 3:02 pm

    HI CB,

    I have 4900 put, 5000 put , 5100 nifty put and 2160 reliance put. What shall I do?


  13. beginner Says:
    October 17th, 2009
    Posted at: 3:08 pm

    happy diwali to both you and kartik....
    what is the time for muhurat trading and does sharekhan provides this facility?


  14. pralhad Says:
    October 17th, 2009
    Posted at: 3:18 pm

    sir r expecting any dips in walchand,,if yes then plz suggest for that price n target,,i can wait,,,or if i buy today @cmp then when i can sell for 10%profit.


  15. Mag Says:
    October 17th, 2009
    Posted at: 3:23 pm

    Hi beginner,

    Yes, Sharekhan provides trading today.


  16. Kartik Says:
    October 17th, 2009
    Posted at: 3:24 pm

    Hi Avis, we might see some downside after Diwali, not sure of today's target on it, hold it for some more time, it shall do well

    Hi Zephyer, his name is Chirag Bedi

    Hi Arasu, just replied in the query section

    Hi subramanivs, Happy Diwali to you too

    Hi ABHINAV, its RSI now is 82, its seeing some good buying interest from Retail Investors, hold it with a Sl of around 368

    Hi Adil, Happy Diwali, it can see 530

    Hi subramanivs, Hold them for some more time, we might see downside after Diwali

    Hi beginner, Happy Diwali, Market timings are from 6:15 to 7:15 pm today

    Hi pralhad, you may buy it for short term, with a target around 245 levels

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