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Intraday calls for 18-05-09

Posted on: May 18th, 2009 at 8:56 am

There are chances that Markets may open with a 10% upper circuit.

Buy Lanco Infrastructure above 250, target: 265. Stoploss: 245 (Please do not buy it if it opens near its target)

Please do not go ahead and buy stocks for short term in today’s huge gap up opening. Wait for a dip. We might come down to retest support at 3750-3800 in coming days.

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304 Responses

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Comment pages: 101112131415161718Show all

  1. Ram Says:
    May 18th, 2009
    Posted at: 10:47 am

    Hi CB.

    Good Morning....

    took so much time to calm down the nerves........what an opening. risk paid off well. seeing profits after quite a lo.....................................ng time..

    Hip Hip Hurray... long live Congress, MMS, Sonia..................

    CB do u think market will go up further now when it reopens or there will be profit booking now itself?


  2. dhrubo Says:
    May 18th, 2009
    Posted at: 10:48 am

    Hi hari, Presumably all Hari. Patience man. This is a high current wave and please dont let it burn you. Japanese markets are down badly today and I except bad things on DOW today.

    So please be patience we have run up to much and will be back on 3800 in few weeks.


  3. dhrubo Says:
    May 18th, 2009
    Posted at: 10:49 am

    Some more bad news
    10:43:43 AM Trading halted till 11:55 am
    10:09:48 AM NSE,BSE in discussion on extent of trading halt


  4. dhrubo Says:
    May 18th, 2009
    Posted at: 10:50 am

    Hi kartik, CARRY TOMORROW


  5. dhrubo Says:
    May 18th, 2009
    Posted at: 10:51 am

    Hi kartik, sorry how did you buy it on 543, when the high is 525.


  6. Nikhil Says:
    May 18th, 2009
    Posted at: 10:52 am

    gm sir
    which stock i buy for intraday today will i gain today in intra day


  7. Ray Says:
    May 18th, 2009
    Posted at: 10:52 am

    Hi CB . had bought Orchid a week back on your tip @105. its at 110 today. should i still hold or sell ?


  8. CB Says:
    May 18th, 2009
    Posted at: 10:53 am

    Hi vvdp, no, don't buy anything yet for short term..wait for 2-3 days

    Hi selvad, no..its a hold

    Hi hari, wait for a dip..don't buy stocks yet

    Hi harooth, yes

    Hi kartik, book profits today

    Hi atul, if markets remain positive..chances are we might see some profit booking

    Hi Ram, Nice to hear that.. book profits today

    Hi dhrubo, yeah..another 1 hour wait


  9. CB Says:
    May 18th, 2009
    Posted at: 10:53 am

    Hi Nikhil, as of now not sure..lets see how markets react after opening at 12

    Hi Ray, yes.. hold it


  10. CB Says:
    May 18th, 2009
    Posted at: 10:54 am

    ILL BE BACK IN 30 MIN.


  11. dhrubo Says:
    May 18th, 2009
    Posted at: 10:55 am

    Hi atul, Chambal broker resistence but how long it is trading above it is careful, so be careful.


  12. dhrubo Says:
    May 18th, 2009
    Posted at: 10:56 am

    OK folks I gotta catch some sleep
    CB - have a great day.


  13. Mac Says:
    May 18th, 2009
    Posted at: 10:58 am

    Hi CB and Gud Morning to all.....


  14. manoj Says:
    May 18th, 2009
    Posted at: 11:01 am

    HI CB
    I HAVE 7500 MERCATOR @ 50.8....SHOULD I EXIT AND REENTER LOWER?


  15. dilshad Says:
    May 18th, 2009
    Posted at: 11:09 am

    what about orchid@ cmp?? my buy price is 112


  16. dd Says:
    May 18th, 2009
    Posted at: 11:13 am

    Whether this trend,(atleast this levels) will continue on the coming days or its a mere gambling?

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