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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. hitesh Says:
    August 18th, 2009
    Posted at: 10:22 pm

    cb wht would be market reaction of tommorow can we see 4550


  2. Suzane Says:
    August 18th, 2009
    Posted at: 11:18 pm

    What does double/triple top/bottom means? Please explain me on this topic. Also if possible get me link URL for knowing the list of such stocks so that i can work for intraday.


  3. CB Says:
    August 19th, 2009
    Posted at: 12:29 am

    Hi palani, keep them for a yr

    Hi AC, not sure about gold since i am not tracking it

    Hi Sri, no..it wont.. hold it..excel is also a hold.. keep it for couple of weeks

    Hi hitesh, likely to open flat..not sure of 4550 yet

    Hi Suzane, maybe this link helps: http://www.trending123.com/patterns/triple_top.html

    you can check latest breakouts at: http://nseguide.com/triple.php


  4. hitesh Says:
    August 19th, 2009
    Posted at: 12:41 am

    but us gave a good closing


  5. Suzane Says:
    August 19th, 2009
    Posted at: 12:46 am

    What is to be done for the triple top stocks? We should buy it for the comming session? Also give me the link for triple bottom


  6. CB Says:
    August 19th, 2009
    Posted at: 12:46 am

    Hi hitesh, yes.. they also are seeing a technical bounce after yesterday's fall..lets see how markets react..if Asian trades in positive tomorrow then we will move higher.


  7. hitesh Says:
    August 19th, 2009
    Posted at: 12:48 am

    ok i am very much worried about call of 4600 trading at 43 rupess i have 7 lots at 143


  8. CB Says:
    August 19th, 2009
    Posted at: 12:49 am

    Hi Suzane, buy them if markets are positive..they are likely to do well..dont enter if markets are trading with low volumes and are uncertain dont enter them.. triple bottom is vice versa..if a stock tests support for more than 3 times and breaks that levels it is likely to see some more downside


  9. CB Says:
    August 19th, 2009
    Posted at: 12:50 am

    Hi hitesh, hold it as of now..keep a strict sl at 4420 and hold them.. US is doing well..lets see how Asia opens


  10. hitesh Says:
    August 19th, 2009
    Posted at: 12:52 am

    ok


  11. hitesh Says:
    August 19th, 2009
    Posted at: 12:54 am

    why chinese maarket looking week


  12. ashhish Says:
    August 19th, 2009
    Posted at: 12:55 am

    hi cb
    can u give me a link where i can read about stoploss and how to use it.I dont understand the concept of stoploss.

    thnx


  13. Nirav Says:
    August 19th, 2009
    Posted at: 1:03 am

    Hi, can i expect nifty 4400 CE premium to rise upto Rs 165,


  14. CB Says:
    August 19th, 2009
    Posted at: 1:04 am

    Hi hitesh, not sure whats the news on it..it lead to the crash recently..

    Hi ashhish, here is the link: http://www.tradersedgeindia.com/stop_loss.htm

    Hi Nirav, yes. hold it


  15. hitesh Says:
    August 19th, 2009
    Posted at: 1:06 am

    was tht correction or sell off


  16. CB Says:
    August 19th, 2009
    Posted at: 1:09 am

    Hi hitesh, sell off on Monday..

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