Intraday calls for 18-12-09
Markets likely to see a flat opening. Support for nifty remains at 5000. Resistance is at 5060.
Buy Nilkamal Ltd at 184.80, target: 192. Stoploss: 180
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Ankit Says:
December 20th, 2009
Posted at: 2:43 pm
Hi CB,
what can be target of SBIN for one week ? as it has already seen correction,
do you think further down side is possible or it can make a move this week ?
CB Says:
December 20th, 2009
Posted at: 3:40 pm
Hi Shekhar, support is around 980 levels. can see 1050 in short term
Hi Ankit, yes one can enter in small quantity. it can add 70-80rs. on the downside it has strong support at 2100
rana Says:
December 20th, 2009
Posted at: 6:20 pm
hi cb sir good evening,
pls tell about open interest ? what is meant 4 OI ? if OI interest adds than what happen & sheds than what happen? how we can find that open interest adding is in lomg side or short side?some time adding in OI lift stocks and some time OI dragges down stocks why this happen pls tell us & guide us.thanks
Lalith Says:
December 20th, 2009
Posted at: 6:22 pm
Cb, please share ur views on these,
Rajesh Exports : This stock looks strong and has a target of Rs 94 in short term. CMP – 83.55
Jayaswal Neco : This stock has a target of Rs 35 in short term. CMP – 30.35
Redington India: This stock has a good support at 290 and looks very strong. Target of 330 in short term. CMP – 296
IndusInd Bank : This stock has a target of 155. CMP – 137.60
CB Says:
December 20th, 2009
Posted at: 6:58 pm
Hi rana, if a stock is moving higher and OI rises then there are more chances of stock moving up further. and if a stock is falling and OI rises then there are more chances of it coming down futher
Hi Lalith, yes, with dollar gaining strength rajesh exports is likely to do well. dont enter redington yet. indusind looks good for short term. jayaswal agro is a good buy above 80
Adil Says:
December 20th, 2009
Posted at: 8:26 pm
Hi cb sir can i buy savita oil @cmp 412
banu Says:
December 20th, 2009
Posted at: 8:41 pm
sir how is jswsteel tomorrow
mohu Says:
December 20th, 2009
Posted at: 8:45 pm
Mr. CB
i want to invest every month Rs 2000.00 in Junior nifty bees at every month first trading day at last trade price and i want to continue this invest coming 2 years. This is correct invest idea. please advise.
CB Says:
December 20th, 2009
Posted at: 9:06 pm
Hi Adil, buy some lower around 390
Hi banu, its likely to remain flat
Hi mohu, yes, go with it.. nifty is likely to see new highs in couple of yrs.
mohu Says:
December 20th, 2009
Posted at: 9:19 pm
Thanks Mr.CB
CB Says:
December 20th, 2009
Posted at: 9:39 pm
Hi mohu, most welcome.
senthil Says:
December 20th, 2009
Posted at: 10:09 pm
hai CB! i am holding sunpharma@ 1565,wht s ur view on that stock ?
CB Says:
December 20th, 2009
Posted at: 10:12 pm
Hi senthil, its a hold as of now. it can see 1640 in coming days.
senthil Says:
December 20th, 2009
Posted at: 10:16 pm
wht s ur view on nifty? will the nifty consolidate in coming days ??
anandababu Says:
December 20th, 2009
Posted at: 10:17 pm
Hi CB how to intrepret when OI decreases and price increases and one more can I buy torrent power at this level
Ashok Says:
December 20th, 2009
Posted at: 10:30 pm
Hi CB, What is your view on hindustan oil, it is right time to buy