Intraday calls for 16-12-10
Markets likely to open flat. Nifty faces resistance at 5960 and support around 5830
Buy Infosys around 3203, Target: 3225-3230, SL 3182
11.14am – buy bpcl 680 put at 11.50, target: 16. Stoploss: 709
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ramaswamy Says:
December 16th, 2010
Posted at: 6:35 pm
sit bpcal taget 16
ramaswamy Says:
December 16th, 2010
Posted at: 6:38 pm
hello sir now holding 680 bpcl put still holding sir
CB Says:
December 16th, 2010
Posted at: 6:40 pm
Hi ramaswamy, yes, continue to hold for now. strong resistance near 705. can see 680
Hi Deora, yes, mphasis looks good for short term
rashid Says:
December 16th, 2010
Posted at: 6:43 pm
iam short in nifty,,,may i exit with very minor loss,,
animesh Says:
December 16th, 2010
Posted at: 6:46 pm
Hi Cb,
Brought tcs 1180 call @9....please advice at price shld i exit..
regds
Deora Says:
December 16th, 2010
Posted at: 6:47 pm
CB Promoter's holding is in Chart form in BSEINDIA. Can we see it in numerical form anywhere..
intraday Says:
December 16th, 2010
Posted at: 6:48 pm
MUMBAI: As financial inclusion gains importance and larger spending from banks, software major TCS is targeting $ 100 million in revenues in the next four years from selling its last-mile connectivity solutions to banks, a top company official said.
"We will be getting around $ 100 million in revenues in the next three to four years from financial inclusion applications and serving 20 million people," the company's Chief Executive and Managing Director, N Chandrasekaran, told reporters after it signed a Rs 85 crore ($ 19 million) supply contract with public sector Indian Bank here today.
Under its contract with Indian Bank, TCS will be implementing its smart card-based financial inclusion solutions to help Indian Bank expand its footprint. It is a three year contract, and together, Indian Bank and TCS intend to reach 35 lakh customers in 5,500 villages.
"We see financial inclusion both as a worthy cause which will bring people into the banking fold as well as a good business opportunity," Chandrasekaran said, adding TCS is already having tie-ups with Bank of Maharashtra , Punjab National Bank and Central Bank of India for financial inclusion applications.
The application being implemented is an ICT (internet communication technology)-based application that will enable account-holders to conduct a variety of transactions like remittance, micro-insurance, lending and drawing cash, among others.
Deora Says:
December 16th, 2010
Posted at: 6:48 pm
target for short term-Mphasis
chandra Says:
December 16th, 2010
Posted at: 7:01 pm
Hi CB,
I request you to have a look at MRO-TEK this has about Rs.30 Cash reserves/Share & now quoting at 22. They are not posting good results from last couple of years, but as they have invested in R&D & getting some patents, I expect this company to take a turn around some time. Some time back Sri. Abdul Kalam attended their company for 25 years celebrations. I think management is good & they have a clear vision. They have good set up in Electronics city, Bangalore. The land value itself will be few crore rupees worth. Can we invest in this company with 1-2 years timeline.
Also request you to start a new section for multibaggers & post probable multibaggers.
Regards,
Chandra
Jagdish Says:
December 16th, 2010
Posted at: 7:05 pm
HI CB, alok ind has moved 4.5% upward can it go up to rs 30/- in 2 weeks time ?
ramsingh Says:
December 16th, 2010
Posted at: 7:07 pm
Hai CB!
What is the long term target for Resurgere Mines.
CB Says:
December 16th, 2010
Posted at: 7:08 pm
Hi rashid, hold for now. keep sl at 5990. has strong resistance near 5980
Hi animesh, hold it. can see 1170
Hi Deora, no, its in numerical too. check on SHA in the lower box on the right side. mphasis can see 665
Hi intraday, thanks for the update
Hi chandra, yes, bit in last 2 quarters they have been reporting losses, guess this is one reason why stock is not really performing well.
CB Says:
December 16th, 2010
Posted at: 7:08 pm
Hi ramsingh, can see 4
ramsingh Says:
December 16th, 2010
Posted at: 7:12 pm
Hai CB!
What is the long term target for Vision Corporation.
Bhaskar Says:
December 16th, 2010
Posted at: 7:12 pm
Hi Cb, I 've bought 200 qty of India bull real estate @156 / so pl.inform whether it will give some upward movements in next week or not ?
Mahe Says:
December 16th, 2010
Posted at: 7:13 pm
Hi CB,
I hold SBI 2750 PA @ 80. what is the target and stoploss?