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Intraday calls for 18-08-09

Posted on: August 18th, 2009 at 9:13 am

Buy Indian Oil corporation at 569, target: 584. Stoploss: 563.

If markets show weakness later during the day, Sell: Bhushan Steel Ltd

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737 Responses

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  1. CB Says:
    August 18th, 2009
    Posted at: 7:56 pm

    Hi Sri, not sure how it would react to this news

    Hi PADMA, avg it around 240 levels

    Hi mundlia, Yes.guess this is the news which is driving it. if it crosses 35 exit from it for the time being..

    Hi Mathew, its a hold..keep it.. it may come down by 10-12rs if markets remain weak..you can avg on dips.. buy stocks that are near breakouts or have given a breakout..

    Hi AC, most welcome..not yet searched for calls yet..shall let you know soon

    Hi ramamoorthy, Invest in hero honda and REI Agro

    Hi Simran, yes.. overbought can be shorted but short only stocks with good volume and if markets see some downside.. this was a bounce after the fall..lets see if we hold onto it. Overbought stocks can be found out daily here: http://nseguide.com/overbought.php


  2. CB Says:
    August 18th, 2009
    Posted at: 7:58 pm

    Hi ramsingh, not sure when we see a downside..as of now trading in a range of 4350-4520

    Hi Vijay, they may open flat..they are market movers..if markets see some upmove they can add 5-7%


  3. palani Says:
    August 18th, 2009
    Posted at: 8:14 pm

    hi cb ,
    i have been following ur advises and i wud like to say that u r doing an excellent job here.

    i m novice to investing and trading.

    In the process of my learning i have bought the following.
    Reliance - 6 shares of Rs 1993 .
    Hero Honda - 8 shares of Rs 1450
    Infosys technologies - 11 shares of RS 2062.

    I have huge capital locked in all the above..what is ur suggestion?


    what is ur bet on these things for long term


  4. Paul Says:
    August 18th, 2009
    Posted at: 8:17 pm

    can u explain me the pivot point formula


  5. Paul Says:
    August 18th, 2009
    Posted at: 8:21 pm

    can HDIL reach 288 2 morrow


  6. Paul Says:
    August 18th, 2009
    Posted at: 8:23 pm

    no not 288 my number was 286


  7. Sri Says:
    August 18th, 2009
    Posted at: 8:28 pm

    Hi CB

    Made some money in intraday with Unitech why was it down today. Most Probably we will open gap up tom, how about Bank of Rajasthan for intraday tom.


  8. saro Says:
    August 18th, 2009
    Posted at: 8:31 pm

    Hi Cb IFCI hold r sell ?


  9. Sai Iyer Says:
    August 18th, 2009
    Posted at: 9:10 pm

    Hi CB, Any intraday calls for tomorrow?


  10. noor Says:
    August 18th, 2009
    Posted at: 9:15 pm

    intraday tips


  11. sunil Says:
    August 18th, 2009
    Posted at: 9:16 pm

    Dow is doing well how about our markets tomo


  12. Suzane Says:
    August 18th, 2009
    Posted at: 9:22 pm

    Cb, what do u mean by overbought stock. For example ADSL is in ur overbought list so what do that mean to say? And what does RSI mean?


  13. CB Says:
    August 18th, 2009
    Posted at: 9:39 pm

    Hi palani, hold them for long term..they can easily give 50-60% returns..all are very strong fundamentally and market movers..

    Hi Paul, here is the link: http://hubpages.com/hub/Pivot_Point . .hdil can see 286 if markets remain positive

    Hi Sri, not sure hwy it was witnessing selling pressure.. not sure of bank of rajasthan..

    Hi saro, its a hold..

    Hi Sai Iyer, not yet

    Hi noor, I shall post them by 9.15 AM tomorrow morning..

    Hi sunil, we may open flattish..

    Hi Suzane, it means stock can see some downside if markets turn weak. http://www.investopedia.com/terms/r/rsi.asp


  14. palani Says:
    August 18th, 2009
    Posted at: 10:02 pm

    Thanks CB.what is the time period you foresee for my stocks?


  15. AC Says:
    August 18th, 2009
    Posted at: 10:02 pm

    HI CB CAN U ADVISE ON HOW AND WHERE TO BUY PAPER GOLD FROM? AND DO U THINK IT IS A GOOD INVESTMENT BEFORE THE DIWALI SEASON OR IS IT BETTER TO INVEST IN SHARES... AND WHAT ABOUT THE TAX PART ON PAPER GOLD AND HOW DO U SELL IT?


  16. Sri Says:
    August 18th, 2009
    Posted at: 10:14 pm

    Hi CB

    I am worried about united spirits, if it goes down further due to this news. Please check and advice. Shall i hold Excel till it reach 130 & how many days does it take to reach there.

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