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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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  1. avinash Says:
    May 18th, 2009
    Posted at: 12:25 pm

    guys lets celebrate this we have witnesed a record of 2099pts up in just a trading time of 2 mins.....wat do the people call this bull or bully or bulliiiiiiiiiiiiiiiiiiiiissssssssssssssssssssssshhhhhhh or any other word to describe this ttrend...


  2. sndpsk Says:
    May 18th, 2009
    Posted at: 12:25 pm

    anybody help me? is it true level. or may be will it be go down.. my all scripts on profits. do i book profit or wait for some more higher level?


  3. vinod Says:
    May 18th, 2009
    Posted at: 12:27 pm

    Your message...Hi avinash, yes this calls for a celebration....we have witnessed a great event which will remain in the books of markets for quite a few decades.....ppl give ur comment on this remarkable day


  4. Ray Says:
    May 18th, 2009
    Posted at: 12:29 pm

    can the markets open with a huge gap down tomorrow ? like 1000 points lower or something ? wont the lower circuit be triggered then ?


  5. rawat Says:
    May 18th, 2009
    Posted at: 12:30 pm

    Your message...Hi vinod, i experienced world 8th wonder......may be the first wonder in financial world.....great day for trading ...hope it rallies for next few days


  6. sndpsk Says:
    May 18th, 2009
    Posted at: 12:32 pm

    is it goin to break record 22k in near future???


  7. Suresh Says:
    May 18th, 2009
    Posted at: 12:38 pm

    Yes, if the situation goes like this the Sensex will reach 40K and goes down to 4K in another 4 years... All the small investors will loose there money may be this is the motto behind this..


  8. CB Says:
    May 18th, 2009
    Posted at: 12:58 pm

    Hi kriti, Religare can be bought..i recently entered insurance biz.. looks good..its a slow stock though..

    Hi avinash, whenever market sees profit booking exit from them

    Hi avinash, yes, thats true..a.great day

    Hi sndpsk, whenever we see signs of profit booking exit from them.. not sure of 22k yet..very strong resistance at 4500-4800 (50-60% retracement of the fall)

    Hi Ray, no..i don't think we will see a huge gap down


  9. DM Says:
    May 18th, 2009
    Posted at: 1:02 pm

    HI CB,

    ANY STOCKS FOR TOMORROW?


  10. CB Says:
    May 18th, 2009
    Posted at: 1:03 pm

    Hi DM, as of now none..all are at highs..not sure


  11. dd Says:
    May 18th, 2009
    Posted at: 1:06 pm

    Hi CB tell your opinion about tomorrows market


  12. hari Says:
    May 18th, 2009
    Posted at: 1:08 pm

    hi CB..

    can we see profit booking tomorrow


  13. CB Says:
    May 18th, 2009
    Posted at: 1:10 pm

    Hi dd, we might open positive since many have missed the chance to get into stocks at lower rates..

    Hi hari, opening would be positive..maybe some profit booking in second half.. cannot be sure though. rally is news driven


  14. hari Says:
    May 18th, 2009
    Posted at: 1:18 pm

    hi CB..

    wont we see 12000 mark in coming days..


  15. dd Says:
    May 18th, 2009
    Posted at: 1:22 pm

    Today most people cannt enter the market even though they have a very good news. So I think most people may enter the market if we start tomorrow in green, as CB said


  16. Vinesh Says:
    May 18th, 2009
    Posted at: 1:32 pm

    Hi CB, I lost around 10000 in just one day as i bought Rel com 200 Put at 5 on thursday and bought one 3600 put on friday. In just 2 minutes i lost that. But good think at peak only bought 3900 put at 35. What shall i expect tomorrow. Will i recover some amount from Put.

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