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Intraday calls for 20-05-14

Posted on: May 20th, 2014 at 8:31 am

Markets likely to open slightly higher. Resistance for Nifty is at 7300

Buy Timken India at 223.50, target: 231. Stoploss: 219

09.58am – Book profit in Welspun corp at 89

10.18am – Buy Tata Motors at 447.75, target: 460. Stoploss: 442. (1-2 day hold) – (continue to hold Tata Motors, looks good technically)

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233 Responses

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Comment pages: 789101112131415Show all

  1. Ezhil Says:
    May 20th, 2014
    Posted at: 11:52 am

    Future Retail Target for this Week?


  2. K K Says:
    May 20th, 2014
    Posted at: 11:56 am

    Hi TAPAN,
    Book profits @ 139 levels for 80% of the shares and maintain cost to cost SL for rest of the 20% stocks

    Hi Sandeep,
    Bank Nifty is near the resistance levels and may not move today. Maintain stop loss.


  3. Sandeep Says:
    May 20th, 2014
    Posted at: 12:04 pm

    Hi KK Sir,

    Thank you very much for your suggestion, can i hold it for tomorrow? can i see any movement in BANK NIFTY tomorrow?


  4. K K Says:
    May 20th, 2014
    Posted at: 12:05 pm

    Hi Sandeep,
    Not sure How markets react after the Modi's cabinet announcement this evening.


  5. Kumar Says:
    May 20th, 2014
    Posted at: 12:06 pm

    CB sir you view on shree renuka & rcom for 1-2weeks


  6. Kartick Says:
    May 20th, 2014
    Posted at: 12:25 pm

    What is the revised Sl FOR TATA MOTORS? Should I continue to hold? Holding @ 445


  7. Well Plan Says:
    May 20th, 2014
    Posted at: 12:28 pm

    Hi Cb Ga,


    Evereddy give u delivery call@18 before Diwali now

    Trading above 55

    Now watch & buy Assam company


  8. vijayk Says:
    May 20th, 2014
    Posted at: 12:37 pm

    CB...bought tcs call option yesterday amd closed today morning.....just entered in tatamotors futures @442.5


  9. K K Says:
    May 20th, 2014
    Posted at: 12:37 pm

    Hi Nilesh, and
    Hi Rohit,
    Are you there ?

    Are you still holding ICICIBANK 1350 PUT option bought yesterday ?
    If so, please book profits above 5.50 - 7.50 range. volumes are less in the counter.

    Not sure, How Nifty react in the second half of the day when Modi Cabinet took oath this afternoon @ 2:45

    Better book small profits.


  10. Raushan Says:
    May 20th, 2014
    Posted at: 12:44 pm

    cb sir
    Tata motar is going down trading around 439
    it is still hold?


  11. Nilesh Says:
    May 20th, 2014
    Posted at: 12:57 pm

    Hi K K, Thanks Placed order @6 for ICICI

    Also DO you have any view on Jubliant Food -- i have shorted today

    Please suggest


  12. Rohit Says:
    May 20th, 2014
    Posted at: 1:01 pm

    Hi KK, I will book profits now

    Thank you for your call.


  13. K K Says:
    May 20th, 2014
    Posted at: 1:05 pm

    Hi pradeep, Hi Hema,
    book profits in BHEL.


  14. Kumar Says:
    May 20th, 2014
    Posted at: 1:18 pm

    KK pls replay my query


  15. Raghu Says:
    May 20th, 2014
    Posted at: 1:21 pm

    KK Sir,

    Just started buying RECL.. Can hold for 1 month.. Please let me know your suggestion.


  16. av Says:
    May 20th, 2014
    Posted at: 1:22 pm

    good afternoon cb, I have tata motor may expiry 1 lot @ 441.
    pls suggest strict stop loss in worst case scenario

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