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Intraday calls for 24-12-10

Posted on: December 24th, 2010 at 8:34 am

Markets likely to open slightly lower

Sell LT around 1935 for a target of 1910, SL 1948 – (sl triggered)

11.45am – buy cipla 360 call at 4.40 target: 7. Stoploss 351 – (book profit at 7)

2.30pm – buy icici bank 1100 put at 6.90 target: 12. Stoploss: 1145

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655 Responses

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Comment pages: 333435363738394041Show all

  1. sriram Says:
    December 25th, 2010
    Posted at: 11:27 pm

    thanks cb...when punjab & sind bank listing???..i got tat MOIL refund amt..karvy sent it as cheque...


  2. CB Says:
    December 25th, 2010
    Posted at: 11:29 pm

    Hi sriram, ok.. the date of punjab sind bank is not yet fixed.


  3. sriram Says:
    December 25th, 2010
    Posted at: 11:35 pm

    oh k...thanks again:)


  4. CB Says:
    December 25th, 2010
    Posted at: 11:36 pm

    Hi sriram, most welcome


  5. rashid Says:
    December 26th, 2010
    Posted at: 1:44 pm

    hows SHEKHAWATI POLY YARN IPO,ITS FIXED PRICE IPO


  6. CB Says:
    December 26th, 2010
    Posted at: 1:57 pm

    Hi Priyanka, yes, its best to stay away from it for now

    Hi rashid, no, not sure about this one.


  7. Lalith Says:
    December 26th, 2010
    Posted at: 2:04 pm

    Hey CB, good afternoon, merry xmas to you and your family.


  8. CB Says:
    December 26th, 2010
    Posted at: 3:02 pm

    Hi Lalith, Good afternoon. Merry Christmas.. have a good day.


  9. Gitanjali Says:
    December 26th, 2010
    Posted at: 3:05 pm

    Hi CB, Thanks.. Shall exit from unitech [short] for sure ..on Monday..
    [Mkt may rally ..as FII'S are on holiday .. MF's may want to buy ..to hike the navs'...And
    if there is +ve response from ,'' labour ministry , to invest a part of the Rs 5 lakh crore corpus of the employees’ provident fund savings in stock markets"...correction ,is less likely to happen..]
    Can we enter any of the banks or rcom or uniphos ..from jan series pl?


  10. CB Says:
    December 26th, 2010
    Posted at: 3:30 pm

    Hi suzane, these are fundamentally good ones. considering market volatility may take some time to recover, hold these for 3-5 months time. likely to do well. dont exit any yet

    Hi Gitanjali, seems may open a bit lower on Monday after recent China rate hike. lets see how Asian markets react. enter rcom on dips. dont make a fresh entry yet


  11. RAJ Says:
    December 26th, 2010
    Posted at: 3:36 pm

    If monday market a bit lower so can i buy put 6100 in morning around 80


  12. suzane Says:
    December 26th, 2010
    Posted at: 3:36 pm

    Hi CB, any good mutual fund to go with ?? i am already invested in Axis Equity Fund, HDFC top 200 , SBI magnum fund


  13. Lalith Says:
    December 26th, 2010
    Posted at: 3:37 pm

    cb sir, accumulated alka securities around 5-6, now it's deteriorated to very low levels, can i hold on to it, will it ever see those levels again, how are the fundamentals and why it's losing daily making new year lows... too worried


  14. CB Says:
    December 26th, 2010
    Posted at: 3:37 pm

    Hi RAJ, yes, keep sl at 6030

    Hi suzane, no, as of now no new one.


  15. CB Says:
    December 26th, 2010
    Posted at: 3:38 pm

    Hi Lalith, yes, its in a downtrend as of now. fundamentally looks ok. should recover back once smallcaps start moving. don't add more of it yet.


  16. Gitanjali Says:
    December 26th, 2010
    Posted at: 3:52 pm

    Hi Gitanjali, Thanks..
    "enter rcom on dips. dont make a fresh entry yet'..." -- Banks are not yet a 'buy'.. are they?
    which is the likely price ,lower down .. that Rcom and unitech may see ..pl? And, have we to hold , the short-position' till that price ..may I kindly know pl?
    Thanks .

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