Intraday calls for 23-05-12
Markets likely to open flat. Support for nifty is at 4820 and resistance at 4940
Sell Tata steel at 399, target: 389. Stoploss: 406 – (Book profit in Tata steel at 395)
Buy HCL Technologies above 490, target: 502. Stoploss: 482 – (if possible continue to hold hcl tech for 1-2 days.)
trade in small quantities.
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Sohan Says:
May 23rd, 2012
Posted at: 5:46 pm
Hello CB,
ICICI has recommended GVK for a target of 18 in 1 year.
I have lots of holding in this scrip from last 2 years. Dont know what to do.
What do you suggest should I average at this level.
Sohan
CB Says:
May 23rd, 2012
Posted at: 5:52 pm
Hi Sohan, yes, fundamentally its a good bet. hold it for med/ long term. rather than avg can look to add ashok leyland, dcb or TT Ltd on dips.
ashok Says:
May 23rd, 2012
Posted at: 6:00 pm
Hi cb,
good evening.. Today i bought tata steel on your recommentation price.. Market today felt down.. Buy why tata steel not achieve our target price?
bullguy Says:
May 23rd, 2012
Posted at: 6:09 pm
HI ANI PLZ DONT TRADE FOR SOME TIME....IF U DO TRADE DO ON NIFTY WITH SMALL QUANTITY ...PLZ DONT LOOSE YOUR HARD EARNING MONEY ...
bk Says:
May 23rd, 2012
Posted at: 6:15 pm
Dear Cb,
i am in long sesagoa coming to my buy price and falling back.
kindly advise me. i am holding this position since from very long
my buy price at 186. kindly advise-
Sohan Says:
May 23rd, 2012
Posted at: 6:46 pm
Hello CB,
Petrol prices increased by Rs 7.5 / litre. This is a very steep hike.
How will the markets react tomorrow?.
What can be a buy for tomorrow for Oil companies ?
Sohan
Kb Trader Says:
May 23rd, 2012
Posted at: 6:54 pm
Hi CB, going to delhi.. :) check mail :)
Nag Says:
May 23rd, 2012
Posted at: 7:00 pm
Hi CB...petrol price hike is usually negative for markets!!
but considering the current scenario, petrol price hike will get the rupee value better...so wot is ur call or opinion on dis??
Can we expect positive or negative market???
pareshdoshi Says:
May 23rd, 2012
Posted at: 7:01 pm
hi cb,in balance sheet of tt ltd,huge debt of rs.310, crore is not cause of concern?
ginkle Says:
May 23rd, 2012
Posted at: 7:03 pm
HI CB, Still holding tata steel 380 pe what to do should i wait or exit from it 2morrow morning?
pareshdoshi Says:
May 23rd, 2012
Posted at: 7:04 pm
hi cb,tech mahindra can test 710 to 740?
CB Says:
May 23rd, 2012
Posted at: 7:11 pm
Hi ashok, not really sure. guess because markets were moving in a small range.
Hi bk, does have strong support at 175. can expect some bounce from here. hold for now.
Hi Sohan, seems markets may open a bit flat/ lower. omc's will open gap up. dont enter at opening
Hi Kb Trader, ok :)
Hi Nag, yes, may not have much of an impact as it was expected
Hi pareshdoshi, yes, but for long term its a good bet. tech mahindra has strong support at 600-610. can expect a bounce from here.
CB Says:
May 23rd, 2012
Posted at: 7:12 pm
Hi ginkle, yes, book near 386-388
SaiPalanivel Says:
May 23rd, 2012
Posted at: 7:12 pm
HI CB SIR, NIFTY 5000 CE HOLD 40.00 LEVEL CMP 10.50.YOUR ADVICE.
SaiPalanivel Says:
May 23rd, 2012
Posted at: 7:15 pm
CB SIR, US MARKETS OPEN IN 0.50 DOWN. your view tomorrow nifty level. today not break 4800 level if break this level? expect down strong support please.
ashok Says:
May 23rd, 2012
Posted at: 7:22 pm
Hi cb,
tomorrow shall i buy ranbaxy? What is in your view?