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Intraday calls for 17-02-09

Posted on: February 17th, 2009 at 9:06 am

Markets likely to open weak. Below 2840 we can touch 2790. Support at at 2780.

Sell Wire and Wireless India for a target of 14.20. Stoploss: 15.40
Sell ABB for a target of 402. Stoploss: 422.

If markets show recovery later during the day, buy: GMR Infrastructure.

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116 Responses

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  1. Ranga Says:
    February 17th, 2009
    Posted at: 11:16 am

    GURU, iS KOTAKBANK A GGOD STOCK FOR SHORT TERM, OR A SWING, IT CAME DOWN FROM 400, LAST TIME I BOUGHT THIS AT 400. CAN I BUY AGAIN AT 250 LEVEL, NOT TODAY, ONCE THE MARKET BECOMES GOOD.


  2. Ranga Says:
    February 17th, 2009
    Posted at: 11:20 am

    IS IT RECOVERING GURU?


  3. CB Says:
    February 17th, 2009
    Posted at: 11:22 am

    Hi Ranga, yes.. avg it on dips. its a strong company fundamentally..

    Hold intraday in Kotak with a sl


  4. Ranga Says:
    February 17th, 2009
    Posted at: 11:27 am

    NO, NO i AM NOT HOLDING AT 400, THAT TIME, I BOOKED PROFIT AT 430. JUST TELLING. IT WAS OF HIGH PRICE NOT IT IS CHEAP. JUST CURIOUS IF I CAN BUY AGAIN, AND IF IT IS CAPABLE TO REACH 400 AGAIN IN LATER DAYS?


  5. Divyesh Says:
    February 17th, 2009
    Posted at: 11:28 am

    Hi Cb Any chances to improve the market


  6. CB Says:
    February 17th, 2009
    Posted at: 11:34 am

    Hi Ranga, not sure if it will touch 400 in short term.. but buy it on dips.. it can give 10-15% easily...

    Hi Divyesh, as of now Nifty looks weak.. If we are able to hold 2780 we could see a small bounce..


  7. deba Says:
    February 17th, 2009
    Posted at: 12:03 pm

    may i buy reliance capital @380 for 2 to 3 day


  8. VN Says:
    February 17th, 2009
    Posted at: 12:04 pm

    2780 is not getting breached for over an hour.. will this hold out and rise during the day? has asia recovered from its steep fall earlier on?


  9. sanjay Says:
    February 17th, 2009
    Posted at: 12:07 pm

    nifty not moving up strongly, somebody given me call to buy it


  10. sanjay Says:
    February 17th, 2009
    Posted at: 12:08 pm

    i want to trade in ranbaxy future, whether i should go for short or buy ?


  11. CB Says:
    February 17th, 2009
    Posted at: 12:16 pm

    Hi deba, No. dont buy yet..

    Hi VN, as of now its a wait and watch.. dont buy anything yet.. Asia has not recovered..

    Hi sanjay, dont go long yet.. wait for some more time.. if we break 2780 we could touch 2750-2760 in a short span of time.

    Hi sanjay, no call on Ranbaxy.. buy GMR infra if markets see recovery..


  12. hasam Says:
    February 17th, 2009
    Posted at: 12:17 pm

    Hello,
    aaj konsi company ke sher kharidne chahiye


  13. CB Says:
    February 17th, 2009
    Posted at: 12:19 pm

    Hi hasam, if we see a recovery later during the day buy GMR infra.. As of now no calls.


  14. VN Says:
    February 17th, 2009
    Posted at: 12:27 pm

    whats the next trigger for the day


  15. CB Says:
    February 17th, 2009
    Posted at: 12:29 pm

    Hi VN, maybe European markets.. they will open in an hour..


  16. hasam Says:
    February 17th, 2009
    Posted at: 12:37 pm

    GMR infra.. Last rate 78.30 kitne rate per kharidu muje 500 sher kharidne hai

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