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Intraday calls for 23-07-10

Posted on: July 23rd, 2010 at 8:35 am

Buy Biocon at 331.15, target: 339. Stoploss: 325 – (If possible continue to hold it for 2-3 days. Has turned a bit volatile after its results were declared. Likely to recover back in 2-3 days)

Book profits in btst call of eicher motors at 1004

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914 Responses

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  1. kanifb Says:
    July 23rd, 2010
    Posted at: 11:47 pm

    Dear CB. My other query regards to NHPC is that 16 lacs buyers were more compared to the sellers. Total trade was 2.36 crores. What does this imply? Profit booking. Also when the stock rose to 32.35 there was 13.5 lacs spike in volume. Apart from that entire day spike of 3 to 4 lakhs volume spike could be noticed. Sorry to bother but i am asking too many questions


  2. CB Says:
    July 23rd, 2010
    Posted at: 11:51 pm

    Hi kanifb, cannot really imply much with the buy/sell quantity. there are many other indicators which help indicate stock movements. as of now seems can head upto 33-34.


  3. CB Says:
    July 23rd, 2010
    Posted at: 11:53 pm

    Hi sudheer, hold it. dont add more of it yet. can head back to 70 in near term.


  4. kanifb Says:
    July 23rd, 2010
    Posted at: 11:54 pm

    Thanks CB. Today's turnover for NHPC was 7453 . Is this in lacs ? What do these spikes mean. Buying interest . 33-34 for NHPC on Monday. Also stress test results were positive


  5. sudheer Says:
    July 23rd, 2010
    Posted at: 11:55 pm

    Thanks CB, near term means 1 or 2 months?


  6. CB Says:
    July 23rd, 2010
    Posted at: 11:56 pm

    Hi kanifb, yes, indicates buying interest if stock is moving higher.. maybe results are likely to be good.

    Hi sudheer, yes


  7. Kb Says:
    July 23rd, 2010
    Posted at: 11:57 pm

    Hi kanifb, Not fully positive .. German banks are weak .. Germany is the main euro eco leader .. still in doubt .


  8. sudheer Says:
    July 23rd, 2010
    Posted at: 11:58 pm

    Please advise about ICSA short term target, holdig @ 140? Thanks in advance


  9. kanifb Says:
    July 23rd, 2010
    Posted at: 11:59 pm

    Thanks CB. What's the plan weekend. Nice monsoon out there in India.


  10. CB Says:
    July 24th, 2010
    Posted at: 12:04 am

    Hi sudheer, it can see 146 in coming days. has resistance higher near 153

    Hi kanifb, maybe watch a movie.. yes, whether is good here.. hope you have a good time too


  11. Kb Says:
    July 24th, 2010
    Posted at: 12:08 am

    Hi kanifb, eyy wher u from ??


  12. sudheer Says:
    July 24th, 2010
    Posted at: 12:10 am

    Thanks alot & good night CB. God bless you.


  13. kanifb Says:
    July 24th, 2010
    Posted at: 12:11 am

    Ok goodnight CB.


  14. Kb Says:
    July 24th, 2010
    Posted at: 12:13 am

    Hi CB, cb .. watch this.. old tamil song .. http://www.youtube.com/watch?v=REMjPBtndfU


  15. CB Says:
    July 24th, 2010
    Posted at: 12:14 am

    Hi sudheer, most welcome.. Good night.. God bless you too

    Hi kanifb, Good night.

    Hi Kb, sure..


  16. kanifb Says:
    July 24th, 2010
    Posted at: 12:16 am

    Hi KB. I am from Mumbai but working in Saudi Arabia

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