Intraday calls for 21-04-09
Markets likley to see a gap down opening. Markets will take queue later today from outcome of RBI meet.
If markets show recovery later during the day, Buy: Prakash Industries and ABB.
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CB Says:
April 21st, 2009
Posted at: 10:58 am
Hi Hari, most welcome..
Hi Raj, Resistance is at 89. support at 70-72
Sujay Says:
April 21st, 2009
Posted at: 10:58 am
CB, Do you think we can short banks if there is no rate cut announced today ?
CB Says:
April 21st, 2009
Posted at: 10:58 am
Hi raj, no..wait for some more time
Divyesh Says:
April 21st, 2009
Posted at: 10:59 am
Hi Cb can i buy tata steel or relinfra for intra
CB Says:
April 21st, 2009
Posted at: 11:00 am
Hi Divyesh, Rel infra is better.but wait for some mroe time before buying
Hari Says:
April 21st, 2009
Posted at: 11:00 am
hi CB.. unitech is now at 50.85
can we buy it ..
Divyesh Says:
April 21st, 2009
Posted at: 11:01 am
Can any chances to recover the market by today or will close in -tive
CB Says:
April 21st, 2009
Posted at: 11:02 am
Hi Sujay, Banking stocks are already down by 5-6%. if there is no rate cut, there are chances we might see short covering which might move the price higher..
Hi Hari, buy around 50.50
CB Says:
April 21st, 2009
Posted at: 11:02 am
Hi Divyesh, as of now seems negative
Sujay Says:
April 21st, 2009
Posted at: 11:03 am
CB,
Not sure if you missed my previous post...
How about shorting banks if there is no rate cuts ?
Ramakil Says:
April 21st, 2009
Posted at: 11:03 am
HI
What do u think the RBI announcement will be? it will turn the market up or down? or is it that market is waiting for a news to go down however positive the news may be?
Sujay Says:
April 21st, 2009
Posted at: 11:06 am
Thanks for the response CB...do you think we can buy even if there is no rate cut then..for intraday ?
CB Says:
April 21st, 2009
Posted at: 11:06 am
Hi Sujay, i replied above
Hi Ramakil, lets hope for the best..if there is a rate cut we might see a positive move
CB Says:
April 21st, 2009
Posted at: 11:07 am
Hi Sujay, yes.. Axis is near its support levels of 470-480
Ranga Says:
April 21st, 2009
Posted at: 11:08 am
any recovery seen in the afternoon?
hilay Says:
April 21st, 2009
Posted at: 11:09 am
Hi CB, buy RCOM, ISPAT and OPTO CIRCUITS or REL INFRA or UNITECH??? Which to buy for a months time???