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Intraday calls for 17-10-08

Posted on: October 17th, 2008 at 9:23 am

Buy Lanco Infratech at 154, target: 164. Stoploss: 151
Buy HDFC Bank at 1097, target: 1130. Stoploss: 1090

If markets later during the day show weakness, short sell: Essar oil

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4 Responses

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  1. MANAF Says:
    October 17th, 2008
    Posted at: 1:59 pm

    Can you suggest the level for APIL & Rajesh exports for next month or year
    i have 20 APIL rs.433 and 500 rajesh exports rs 55
    what can i do ?
    plse give ur answer CB
    THANKS


  2. CB Says:
    October 18th, 2008
    Posted at: 12:24 am

    Hi MANAF, since they are down almost 50% from ur buy price I would advice to wait for more downside and avg them out.. That seems to be the best option available


  3. manaf Says:
    October 19th, 2008
    Posted at: 11:11 am

    I want to invest Rs 50000,which shares are best to pick right now.Will bank of india or axis bank be a better bet?Also tell the trend of market in next week


  4. CB Says:
    October 19th, 2008
    Posted at: 6:29 pm

    Hi manaf, in banks go for SBI. Markets closed at their 2 yr low and look weak now.. We could see some more downside. Invest only 30-40% as of now.


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