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Intraday calls for 24-12-09

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

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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  1. Akila Says:
    December 26th, 2009
    Posted at: 7:46 pm

    Yes.. totally taken mind off the stocks thanks to the good rally, else it would have been a very heavy and troublesome holiday...


  2. CB Says:
    December 26th, 2009
    Posted at: 7:51 pm

    Hi Akila, :)


  3. Lalith Says:
    December 26th, 2009
    Posted at: 7:55 pm

    where would essar oil head, this expiry


  4. Lalith Says:
    December 26th, 2009
    Posted at: 7:57 pm

    also share your views on jp hydro and punj lloyd for short term


  5. sunil Says:
    December 26th, 2009
    Posted at: 7:58 pm

    cb, can i go long on rcom futures at cmp i can hold for 2months do u expect 10-15% upside in this scrip


  6. CB Says:
    December 26th, 2009
    Posted at: 8:08 pm

    Hi Lalith, it is facing strong resistance at 150.. it can see 147 if markets remain positive.. dont enter jp hydro yet.. punj lloyd can add 5-7% downside is limited in this stock from here.

    Hi sunil, no, dont enter it yet.. go long on punj lloyd or tata motors on dips for couple of months..they will do well


  7. Shail Says:
    December 26th, 2009
    Posted at: 11:10 pm

    Hi ,i want to know about HAVELLS INDIA. What happend in next week? I have 100 share, its price 573 rs. per share.


  8. CB Says:
    December 26th, 2009
    Posted at: 11:18 pm

    Hi Shail, it is seeing some profit booking as of now. hold it for short term. its likely to do bounce back.


  9. raghu Says:
    December 27th, 2009
    Posted at: 1:00 am

    hiiii cb..
    can u plz suggest me some share which can see some downtrend in short term so that i can short sell them...
    is thr ne share for short selling at this market condition???


  10. CB Says:
    December 27th, 2009
    Posted at: 1:01 am

    Hi raghu, on rise one can short rec ltd and rel ind.


  11. raghu Says:
    December 27th, 2009
    Posted at: 1:02 am

    HIII CB..
    plz share ur view on suzlone as i am holding 1000 shares @ 95..
    i am expecting 150 in nxt 2-3 month as suzlone has not participated in the market rally.do u think it will go to 150 in two -three months..


  12. CB Says:
    December 27th, 2009
    Posted at: 1:05 am

    Hi raghu, 150 in couple of month seems unlikely. as of now it has strong resistance near 90-92 levels. above this it can head upto 105. for 150 hold it a little longer..maybe 4-5 months.


  13. PS Says:
    December 27th, 2009
    Posted at: 1:21 am

    Hi CB,

    How does Aban Offshore look for Jan expiry(futures)?
    I think it is oversold stock right now and can touch 1400 in Jan itself. Do you agree?

    Thanks,
    Pankaj


  14. CB Says:
    December 27th, 2009
    Posted at: 1:45 am

    Hi PS, technically it looks a bit weak.. has resistance near 1300 levels.. dont enter it yet. wait for some time..


  15. Sunil Says:
    December 27th, 2009
    Posted at: 9:46 am

    May i have ur yahoo id.


  16. ramsingh Says:
    December 27th, 2009
    Posted at: 9:51 am

    Hai CB!
    What is ur opinion about HDIL.What is the target price.

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