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Intraday calls for 20-10-09

Posted on: October 20th, 2009 at 9:22 am

Nifty has strong resistance at 5180. if it manages to cross this level, it can head upto 5250 in short term. Above 5180 one can enter a 5200 call with a stoploss at 5155

Buy Balrampur Chini at 138, target: 144. Stoploss: 135

Stock to watch for breakout:
Buy Jaiprakash Associates above 268, target: 285. Stoploss: 262 (1-3 day hold)

2.55 pm BTST – buy Triveni eng at 122.80 target 127-129. Stoploss: 118

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723 Responses

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  1. SURESH Says:
    October 20th, 2009
    Posted at: 3:00 pm

    Hi CB,

    Got a recommendATION to buy Karnataka bank around 170 for a target of 200 in a week.
    Ur view on this please.

    Also I am holding Kesoram @ 385

    What to do? I am a short term investor.


  2. gauravnp Says:
    October 20th, 2009
    Posted at: 3:01 pm

    HI CB BOUGHT TRIVENI ENGG 200 @ 124 IS IT OK


  3. CB Says:
    October 20th, 2009
    Posted at: 3:01 pm

    Hi sk, most welcome

    Hi Kamboj, yes..should breakout soon.above this it can see 235

    Hi Anil, ok

    Hi sanjay, ok. hold it..Europe has recovered..we may see slightly positive opening tomorrow

    Hi ishan, it can see 128-129..


  4. Harry Says:
    October 20th, 2009
    Posted at: 3:02 pm

    triveni at 124 - a good buy? target will be acheieved when??


  5. CB Says:
    October 20th, 2009
    Posted at: 3:02 pm

    Hi SURESH, hold onto them..midcap banks are going strong as of now. hold kesoram for a weeks time

    Hi Harry, yes. can see 128-129 tomorrow

    Hi gauravnp, yes hold it.


  6. Kamboj Says:
    October 20th, 2009
    Posted at: 3:05 pm

    Thanks CB. Holding Rajshree Sugar also@94. Your views on this. It is range bound in 90-95 from last 10 days. What your views and target of this?


  7. Harry Says:
    October 20th, 2009
    Posted at: 3:05 pm

    bought trivenieq NSE at 124 --- good na?? have put in a lot of money, cant afford loss :(


  8. CB Says:
    October 20th, 2009
    Posted at: 3:07 pm

    Hi Kamboj, hold it for 2-3 days more..sugar stocks are doing well

    Hi Harry, yes. hold it


  9. Nitin Says:
    October 20th, 2009
    Posted at: 3:07 pm

    CBji

    Why NATCOPHARM is down 9%?


  10. CB Says:
    October 20th, 2009
    Posted at: 3:07 pm

    Hi Nitin, there is news of a case against them.


  11. AR Says:
    October 20th, 2009
    Posted at: 3:08 pm

    Wat abt Ispat??????Its not moving at all..........


  12. sanjay Says:
    October 20th, 2009
    Posted at: 3:08 pm

    hey CB....if the trieni eng call is strong for 2rw...can i add 200 more to 300 whihc i already bought at 123.65???


  13. CB Says:
    October 20th, 2009
    Posted at: 3:09 pm

    Hi AR, it has resistance at 25.above this it can see 29

    Hi sanjay, considering markets uncertainty, dont add more for now


  14. Karan Says:
    October 20th, 2009
    Posted at: 3:09 pm

    Can i buy REI Agro @ CMP now? Plz tell...


  15. CB Says:
    October 20th, 2009
    Posted at: 3:10 pm

    Hi Karan,yes. in small quantity


  16. AR Says:
    October 20th, 2009
    Posted at: 3:11 pm

    When can the same cross the hurdle???????????

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