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Intraday calls for 23-03-10

Posted on: March 23rd, 2010 at 8:08 am

Markets likely to open slightly positive. Support for nifty is at 5170 and resistance at 5260.

Buy Excel Crop Care Ltd at 172.20, target: 178. Stoploss: 169.

If markets show weakness later during the day, sell: HDIL – (book profits at 278)

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503 Responses

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  1. rajat Says:
    March 23rd, 2010
    Posted at: 1:34 pm

    HI CB,

    Can I buy Tata moter CMP 748? If yes Short term target Pls.


  2. CB Says:
    March 23rd, 2010
    Posted at: 1:35 pm

    Hi rajat, its facing some selling pressure. dont enter it yet


  3. DS Says:
    March 23rd, 2010
    Posted at: 1:35 pm

    Dear CB,

    So are you asking me to exit it today or wait till Thursday?

    Warm Regards,

    DS


  4. ASHDIN Says:
    March 23rd, 2010
    Posted at: 1:35 pm

    can i buy chambal form intra day


  5. Chandu Says:
    March 23rd, 2010
    Posted at: 1:36 pm

    Hi CB,

    Can we complain to SEBI about SEL manufacturing promotors? I believe there are two possibilities on why the stock is going down day by day..

    1. promotors are hand in glove with operators to bring down the price, create panic by selling the stock (in the name of funds) then rob the small investors who got stock in this stock at higher levels.

    2. There is really some problem with the company, which the promotors have disclosed only to their close associates & they are slowly offloading the stake to general public.

    I believe the 1st case is almost true that promotors are hand in glove with some operators to rob small investors. In either of the cases its shame on the part of promotors to dump investors who believed them.

    Will it be a good idea to raise complaint to SEBI so that their IPO will be stopped by SEBI if they are found manipulating the stock.

    Please suggest what would be the implication of complaining to SEBI about this fraud.


  6. siraj Says:
    March 23rd, 2010
    Posted at: 1:36 pm

    hai cb

    which scrip is high amount in bse

    thankx


  7. CB Says:
    March 23rd, 2010
    Posted at: 1:36 pm

    Hi DS, wait till thrusday

    Hi ASHDIN, no, not yet


  8. ASHDIN Says:
    March 23rd, 2010
    Posted at: 1:38 pm

    sir, what levels can i exit in ril


  9. CB Says:
    March 23rd, 2010
    Posted at: 1:38 pm

    Hi Chandu, we cannot really be sure if this is a fraud because recently a stake holder sold shares which was made public.. guess its just technically weak as of now and will bounce back in short term

    Hi siraj, as of now not sure of any


  10. tuff money Says:
    March 23rd, 2010
    Posted at: 1:38 pm

    hi cb,

    do you have any perspective on market direction for the next two hours ?


  11. CB Says:
    March 23rd, 2010
    Posted at: 1:39 pm

    Hi Chandrika, exit it around 728

    Hi tuff money, seems will remain flat today


  12. Shanthi Says:
    March 23rd, 2010
    Posted at: 1:40 pm

    Hi CB, can I go short Sterlite ?


  13. DS Says:
    March 23rd, 2010
    Posted at: 1:40 pm

    Dear CB,

    Expected Targets of Unitech 75 And ONGC 1100 Call on Thursday?


    Warm Regards,

    DS


  14. CB Says:
    March 23rd, 2010
    Posted at: 1:40 pm

    Hi Shanthi, no, dont go short yet


  15. CB Says:
    March 23rd, 2010
    Posted at: 1:41 pm

    Hi $$Ansh$$, markets are recovering a bit. keep sl at 287.50 and hold it.

    Hi DS, could add 20-25% if markets are good


  16. suraj Says:
    March 23rd, 2010
    Posted at: 1:41 pm

    CB any call for 2nd half &hwz tisco @632 for 2nd half

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