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Intraday calls for 22-08-08
Posted on: August 22nd, 2008 at 9:35 am
Markets may open flat or negative.
Infaltion came in at 12.63, many were expecting it to be much higher. Also Nuclear Suppliers Group meet today to to consider whether India should be allowed to resume civil nuclear trade with the world, a decision that appears to be a “tough” call as three nations raised questions even as New Delhi sought to allay fears over the initiative.
Short sell: Indiabulls Real Estate at 293, target: 284. Stoploss: 296 (Only if markets open weak)
If markets show recovery buy Tulip Telecom and Punj Lloyd.
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Pankaj Says:
August 22nd, 2008
Posted at: 1:40 pm
Hi CB.. thanks for the calls.. Indiabulls did well.. !
CB Says:
August 22nd, 2008
Posted at: 10:53 pm
Most welcome Pankaj..