Intraday calls for 21-12-09
Markets likely to open flat. Nifty has support at 4980
Buy Kalpataru Power Transmission Ltd at 1061.80, target: 1090. Stoploss: 1045
Buy Shri Lakshmi Cotsyn Ltd at 108.15, target: 114. Stoploss: 105
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CB Says:
December 21st, 2009
Posted at: 9:24 am
Hi shiva, yes, its a technical call. buy some
ravikanth Says:
December 21st, 2009
Posted at: 9:24 am
good morning sir,
Chida Says:
December 21st, 2009
Posted at: 9:24 am
Good morning to everybody.
Tips for intraday As well as short term.
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BSE SENSEX (last close:16719.83)
Last week the SENSEX opened at 17118.14 level, made a high of 17275.19, made a low of 16693 and closed the week at 16719.83. The weekly loss was 400 points.
For next week SENSEX has nearest support at 16635 level, break will take again 16405, 16371, 16200 level. On the upper side 16822 is strong resistance level, cross over will take it to 16900 level and there after expect pullback rally up to 17000, 17200 levels…
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NIFTY (last close: 4987.70)
The nifty opened at 5117.45, made a high of 5156.70, made a low of 4979.05 and closed the week at 4987.70. The weekly loss was 129.40 points.
For next week nifty has strong support at 4932 level, break will take it to 4870, 4806 level. On the upper side 5019 is strong resistance level, cross over will take it to 5050 and there after 5072, 5125 levels…
*
DCHL (last close: 158.40)
Looking HOT only...!!!
The stock has made triangle formulation on daily chart. Chart is looking explosive. Buy on decline considering 153.45 as strong support, keeping stop loss of 150. On the upper side stock will zoom to kiss 164 level, cross over will take it to 171 levels in coming days…
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ESSAR OIL (last close: 140.45)
Some thing is cooking...!!!
Stock is looking explosive on chart. Buy on decline considering 137 as strong support, keeping stop loss of 133. On the upper side the stock will zoom up to 147 level, cross over will take it to 151 & there after expect rally up to 155, 162 levels in coming days…
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BAJAJ HIND (last close: 212.35)
Looking highly explosive on chart. Buy on decline considering 209.50 as strong support level, keeping stop loss of 204. On the upper side the stock will zoom to kiss 215 level, cross over with volume will take it to 219.50, 223 & 226 levels in coming days...!!!
Tulsi Extrusions Ltd.
BSE Code: 532948
NSE Symbol: "TULSI"
Tulsi Extrusions Ltd. is engaged in the manufacturing of Rigid PVC pipes and fittings , HDPE pipes, SWR pipes and fittings, blue casing pipes, ASTM plumbing pipes, LLDPE pipes, Elastomeric Sealing pipes, and moulded components for multiple uses. The Company has marketing and distribution network in the State of Maharashtra, Madhya Pradesh, Chhattisgarh, Rajasthan, Gujarat, Tamilnadu and West Bengal for Agriculture PVC Pipes & Fitting. Subsequently the application of these agricultural PVC Pipes has been extended to various sectors like Potable Water Supply Schemes, Sewerage and Drainage systems. Tulsi Extrusions Limited started its manufacturing activities at N-99, M.I.D.C. Area, Jalgaon (Maharashtra) being proximity to the market.
Company has equity of just Rs.12.50crore which is supported by reserve of around Rs.62crore. The promoter hold 54.62%, non promoter corporate bodies hold 13.68% while public hold 31.46% stake in this company.
Last financial year (Arpil-2008 to March-2009) company has shown net sales of Rs.80.26crore with net profit of Rs.1.27crore. This year in first six months, the company has shown net sales of Rs.45.43crore with net profit of Rs.3.93crore which is 209% higher than last whole year’s profit. Company has shown EPS of Rs.3.15 in first six months & current level the stock is trading at a forward P/E ratio of just 5. Company has come out with IPO @ Rs.85 in FY08 & after listing stock price has gone up to Rs.145.50 level means current level stock is looking safe & strong for investors.
Buy keeping stop loss of Rs.28. On the upper side the stock will zoom to kiss Rs.33.35 level, cross over will take it to Rs.40-42 levels in coming days…
Happy trading.
pankaj Says:
December 21st, 2009
Posted at: 9:24 am
hi CB, good morning. becauz of RIL new the scrip will open gap down it seems, wouldnt sensex open gap down becauz of this ?? also tell if RIL open gap down, can i buy it for intraday?? thanx.
Ravi Says:
December 21st, 2009
Posted at: 9:24 am
Hi CB, Can I buy Havells for intraday. Also plz suggest the target for intraday.Is there some more uptrend in this stock
shiva Says:
December 21st, 2009
Posted at: 9:25 am
enter at opening or wait if there comes some dip to enter ?
Chandrika Says:
December 21st, 2009
Posted at: 9:26 am
HI CB
Can I put order at 1050 ? Pls suggest. for kalpataru power transmission ltd
CB Says:
December 21st, 2009
Posted at: 9:26 am
Hi ravikanth, Good morning.
Hi Chida, thanks.
Hi pankaj, Good morning.not really sure how it would open. dont enter it today
Hi Ravi, not sure about it..
Gopal Says:
December 21st, 2009
Posted at: 9:26 am
Hi. CB...
Good Morning
Kb Says:
December 21st, 2009
Posted at: 9:27 am
Hai CB ...
Why u selected Shri Lakshmi Cotsyn Ltd today??
CB Says:
December 21st, 2009
Posted at: 9:28 am
Hi shiva, wait for a 3-5min
Hi Chandrika, yes
Hi Gopal, Good morning.
Bharat Says:
December 21st, 2009
Posted at: 9:28 am
Any scrip for short term investment. Like 2 or 3 weeks.
Chida Says:
December 21st, 2009
Posted at: 9:28 am
Hi CB,
Most welcome.
CB Says:
December 21st, 2009
Posted at: 9:28 am
Hi Kb, it looks good technically. closing above imp resistance level of 105-107
CB Says:
December 21st, 2009
Posted at: 9:29 am
Hi Bharat, buy some of prime focus or dchl
Sharad Says:
December 21st, 2009
Posted at: 9:30 am
CB.. please suggest on PRAJ? should i hold?