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Intraday calls for 24-12-09

Posted on: December 24th, 2009 at 9:16 am

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Markets likely to open flat. Resistance for nifty is at 5190.

Buy Engineers India Ltd at 1508, target: 1540. Stoploss: 1488
Buy Sterlite Technologies Ltd at 334.90, target: 345. Stoploss: 330

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988 Responses

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CB Says:
December 26th, 2009
Posted at: 12:28 pm
Hi parinistha, thanks for your kind comments.. you are always welcome..
Hi Divya, thanks.. you are always welcome..
rajan1961 Says:
December 26th, 2009
Posted at: 1:06 pm
Additional export duty on Iron Ore exports. Take note of this news and this might have negative impact on companies like sesa goa, essar steel, jsw.. may be even tata stell. CB / Kartik what is your opinion?
CB Says:
December 26th, 2009
Posted at: 1:12 pm
Hi rajan1961, yes, that would have negative impact on them. some selling pressure is likely in these stocks.
parinistha Says:
December 26th, 2009
Posted at: 1:12 pm
DEAR SIR CB , I HAVE CONFIDANCE PETROLIUM LTD [email protected] .AS YOUR PENNY STOCK RECOMANDATION . NOW I AM IN LOSS . SHELL I GET PROFIT LIKE YOUR PAST CALLS THAT I MENTIONED ALREADY ? WHAT WILL BE THE TGT & TIME FRAME ? PLEASE GIVE ME YOUR KIND ADVICE !
pradeep Says:
December 26th, 2009
Posted at: 1:17 pm
HI CB,IF NIFTY BREAKS 5200 DECISEVELY,WHAT WOULD BE THE RANGE IN COMING DAYS?
CB Says:
December 26th, 2009
Posted at: 1:34 pm
Hi parinistha, hold it for some more time.. fundamentally its a strong company and will do well in short term
Hi pradeep, around 5250-5280..
pradeep Says:
December 26th, 2009
Posted at: 1:51 pm
DEAR CB, DO YOU EXPECT SOME MOVEMENT IN GSPL IN JAN.?
CB Says:
December 26th, 2009
Posted at: 3:09 pm
Hi pradeep, yes, it can head upto 105. has good support at 93-95.
Ashok Says:
December 26th, 2009
Posted at: 3:14 pm
Hi CB,
Any downfall is expected in the mkt?
CB Says:
December 26th, 2009
Posted at: 3:23 pm
Hi Ashok, not sure yet.. selling pressure comes in around 5200. lets see if we manage to cross it or not.
Abhinav Jain Says:
December 26th, 2009
Posted at: 4:33 pm
NEWS: Govt raises export duty on iron ore fines, lumps by 5%
For companies like GMDC, NMDC, Ispat, Tata Sponge Iron, Sesa Goa.... what will be the expected impact on Tuesday???
CB Says:
December 26th, 2009
Posted at: 5:29 pm
Hi Abhinav Jain, iron ore companies could see some selling pressure if markets turn weak.
nithin2009 Says:
December 26th, 2009
Posted at: 5:44 pm
cb..i hold 500 usha martin at 80....iam in huge loss pls give ur advice on this stock...what should i do...will it see 80 next week
Lalith Says:
December 26th, 2009
Posted at: 6:51 pm
where do you see alka securities in next 2-3 years ?
CB Says:
December 26th, 2009
Posted at: 7:30 pm
Hi nithin2009, hold it for short term. it has a target of 85-88
Hi Lalith, dont enter it yet.. it looks weak.
CB Says:
December 26th, 2009
Posted at: 7:44 pm
Hi Akila, yes.. very less today.. so whenever coming online i reply.. hope you too having a good time. :)