Intraday calls for 21-06-11
Markets likely to open flat, next support at 5180
Buy Axis bank at 1225, Target: 1245, SL 1205 (trade in small quantity) – Book profit at 1249
1.54 pm – swing call: SELL ONGC at 258(FUT), Target: 250, SL 264
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CB Says:
June 21st, 2011
Posted at: 1:59 pm
Hi Anil, ivrcl too looks a bit weak. hold it.
CB Says:
June 21st, 2011
Posted at: 2:00 pm
Hi Gitanjali, yes, lets hold them till tomorrow.
Achauhan Says:
June 21st, 2011
Posted at: 2:00 pm
CB, oh sorry.. i meant Long...yes.... .. should i stay???
Sunil Rao Says:
June 21st, 2011
Posted at: 2:00 pm
Hi gayaram, Fill the ocean with every drop :)
CB Says:
June 21st, 2011
Posted at: 2:01 pm
Hi Achauhan, yes, hedge it with a 75 put for now.
raj gupta Says:
June 21st, 2011
Posted at: 2:02 pm
Sir should i buy GTL at this level for 30-40 % gain as it have fall down 64% to recover my loss in option.. ?
Please suggest..
CB Says:
June 21st, 2011
Posted at: 2:02 pm
Hi raj gupta, no, dont enter it yet. it looks weak.
k fathima Says:
June 21st, 2011
Posted at: 2:02 pm
hi CB, why is GTL down. bought at 142. any chance for recovery in a fortnights time
Lalith Says:
June 21st, 2011
Posted at: 2:03 pm
CB sir, can i hold on to GTL bought at 153, it's started falling again
CB Says:
June 21st, 2011
Posted at: 2:04 pm
Hi Anil, yes, likely to
Hi k fathima & Lalith, would advice to exit 50% for now and add another on a 5-6rs dip. will help reduce the buy price. overall stock does look weak
CB Says:
June 21st, 2011
Posted at: 2:04 pm
ill be back in some time.
gayaram Says:
June 21st, 2011
Posted at: 2:05 pm
Hi CB, GA. JP sup and res for short term?
Akash Says:
June 21st, 2011
Posted at: 2:05 pm
Holding BGR energy..bought at 576? hold or exit??
thavva Says:
June 21st, 2011
Posted at: 2:15 pm
Hi Sunil Rao, GA, booked profits in nifty short. thanks for the call :)
Abdullah Says:
June 21st, 2011
Posted at: 2:16 pm
Good afternoon everybody :)
Abdullah Says:
June 21st, 2011
Posted at: 2:19 pm
Hi Sunil Rao, Power problems from the morning. Logged in at about 1:45 pm. Missed your trade.