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Intraday calls for 18-06-09

Posted on: June 18th, 2009 at 9:24 am

Markets likely to be volatile. Nifty has support at 4350.. if we trade below this level for some time, we could see further downside.

Buy Castrol around 360, target: 372. Stoploss: 356.
Sell Reliance Capital below 895, target: 870. Stoploss: 908.

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387 Responses

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  1. CB Says:
    June 18th, 2009
    Posted at: 1:48 pm

    Hi YASHVARDHAN SONI, yes.. telecom may bounce in coming days


  2. CB Says:
    June 18th, 2009
    Posted at: 1:49 pm

    Hi Mannu, buy HDIL in small quantity.. may show some bounce


  3. Ramesh Says:
    June 18th, 2009
    Posted at: 1:51 pm

    cb anything to buy today for for 20% in 1-2 weeks?


  4. Joshi Says:
    June 18th, 2009
    Posted at: 1:51 pm

    Hi CB, Gud Afternoon! Can u pls. advise intraday target? CMP is 830.00


  5. YASHVARDHAN SONI Says:
    June 18th, 2009
    Posted at: 1:52 pm

    hi CB could u pls tell me "how come the markets open lower or higher at the start of the day(9.55 am) even though there are no buyers and sellers"


  6. CB Says:
    June 18th, 2009
    Posted at: 1:52 pm

    Hi Ramesh, as of now none

    Hi Joshi, Good afternoon.. which stock?


  7. CB Says:
    June 18th, 2009
    Posted at: 1:54 pm

    Hi YASHVARDHAN SONI, in case of a gap down.. if there are no buyers then sellers sell stocks at what ever price buyers are sitting at (which is lower levels)


  8. Ramesh Says:
    June 18th, 2009
    Posted at: 1:55 pm

    can i buy hdil at cmp?


  9. Ronny Says:
    June 18th, 2009
    Posted at: 1:55 pm

    CB, Praj is 90 now :( . I brought it at 117.
    Do you think markets will recover at least by tomorrow?


  10. Joshi Says:
    June 18th, 2009
    Posted at: 1:56 pm

    Sorry missed to write ABAN - till what price (high) in can recover back?


  11. CB Says:
    June 18th, 2009
    Posted at: 1:56 pm

    Hi Ramesh, in small quantity

    Hi Ronny, yes. hold it for couple of weeks. nifty will find good support at current levels.


  12. VINAY Says:
    June 18th, 2009
    Posted at: 1:56 pm

    CB

    do this market can recover by this week already 700 points down approx....


  13. VINAY Says:
    June 18th, 2009
    Posted at: 1:58 pm

    from yesterday


  14. CB Says:
    June 18th, 2009
    Posted at: 1:58 pm

    Hi Joshi, around 850

    Hi VINAY, yes..some recovery is expected


  15. YASHVARDHAN SONI Says:
    June 18th, 2009
    Posted at: 1:59 pm

    wats the next target if nifty breaches 4200


  16. Shiv Says:
    June 18th, 2009
    Posted at: 1:59 pm

    CB wats happning?? my profits of 10% turned into losses of 10%.. :) gud that i booked partial profits..
    but sad to see green turn into red.. wats the news CB.. why so much selling allround.. are ppls anticipating some bad news??

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