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Intraday calls for 21-05-10

Posted on: May 21st, 2010 at 8:20 am

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Markets likely to see a gap down opening. Support for nifty is at 4820.

Buy Sun Pharmaceuticals Industries Ltd on dips with Stoploss at 1530

2.59pm – Btst – buy aban offshore at 677 target 693. stoploss: 658 (trade in small quantity)

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745 Responses

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Comment pages: 1 234 5 6 7 8 9 Show all

CB Says:
May 21st, 2010
Posted at: 8:44 am
Hi Vivek Shah, nmdc is a hold its a good long term play. Indians can invest in forex.
Hi Angana, has good support at 28. in short term can see 33
Hi jame, may remain a bit weak.
Hi Gauri, most welcome.
CB Says:
May 21st, 2010
Posted at: 8:45 am
Hi Kb, cannot really be sure.
Hi varun soni, hold it. buy a 115 put to hedge it
Hi maddy, they are likely to open gap down. one can short jai crop below 220
Hi tanu, one can avg it on dips. dont exit it now
Hi abc, no, not really sure..
stalin Says:
May 21st, 2010
Posted at: 8:45 am
good morning buddy....as the global markets fall like anything..will there be a end point to all this...us went down by 3 to 4% nd indian markets hve seen quite a fall til now..wil we see -500 sensex today ?? :(
Gitanjali Says:
May 21st, 2010
Posted at: 8:46 am
HI CB, My agent called up day -before-yesterday.. suggesting , that I sell MF's for now and re- enter again lower... I have told her I want to hold on... That I did a blunder by selling hdfc top 200...and reliance power MF's .. Will invest if at all.. and shall not sell any...may I know yr opinion please..
CB Says:
May 21st, 2010
Posted at: 8:46 am
Hi stalin, maybe around 300-400. seems will remain a weak till there is some good news form European markets.
Shipra Says:
May 21st, 2010
Posted at: 8:47 am
Hi Cb...as mkts are weak..ITC and marico shld perform..
what target they willl show today?
CB Says:
May 21st, 2010
Posted at: 8:47 am
Hi Gitanjali, yes. hold them. this is the time to add more of it.. over al period of time markets will gain back
Hi Shipra, yes. can add 2%
HSK Says:
May 21st, 2010
Posted at: 8:48 am
Shall we use today's fall to buy Larsen and JP Associates ?
CBT Says:
May 21st, 2010
Posted at: 8:48 am
hi cb
can i go short on nifty as soon as it opens
CB Says:
May 21st, 2010
Posted at: 8:49 am
Hi HSK, no, not yet
Hi CBT, no, has some support near 4820
YST Says:
May 21st, 2010
Posted at: 8:49 am
GM CB
Any intraday call ??
tanu Says:
May 21st, 2010
Posted at: 8:49 am
Hi CB, thanks for the advice...what do u think of essar oil..i m looking at it for long term?
CB Says:
May 21st, 2010
Posted at: 8:50 am
Hi YST, buy some of Sun Pharma
Hi tanu, most welcome. its a good long term bet. has strong support at 115-122. if holds onto it in this fall, then one can enter it.
JASEEM Says:
May 21st, 2010
Posted at: 8:50 am
hi cb have we reached a bottom of correction. can we buy equities now
CB Says:
May 21st, 2010
Posted at: 8:51 am
Hi JASEEM, as of now enter in small quantities.
YST Says:
May 21st, 2010
Posted at: 8:51 am
Thanx CB