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Intraday calls for 24-12-12

Posted on: December 24th, 2012 at 8:26 am

Markets likely to open flat, support for Nifty at 5820 and resistance at 5960

Buy Tata motors on dips around 296, SL 292, Target: 304 – (book profit in Tata motors at 302-302.50)

11.26am – Buy Tata chemicals at 341.20, target: 348. Stoploss: 337 – (Continue to hold Tata chem as BTST)

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365 Responses

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  1. SM Says:
    December 24th, 2012
    Posted at: 12:11 pm

    Hi cerulean, Noted :) BTW, missed the rally in Mentha. Margin is quite high... not willing to block that much money...


  2. SM Says:
    December 24th, 2012
    Posted at: 12:18 pm

    Got to go guys... Bye... will be back later


  3. satam Says:
    December 24th, 2012
    Posted at: 12:20 pm

    plz give ur view on tcs cesc sintex


  4. cerulean Says:
    December 24th, 2012
    Posted at: 12:21 pm

    Hi SM, Yes.. And very volatile ..Not worth it ..
    I had short mentha at 1490.. few months back .. just then saw a buy call and covered in loss ..Can you guess , what followed ?? It fell consistently from there and had made a low of 1100... I reckon .. that is mentha /the unpredictable..!


  5. Vijay Says:
    December 24th, 2012
    Posted at: 12:22 pm

    Hi CB, I have 2000 shares of LANCO Infra bought at 12.85...Can sell at CMP or hold...


  6. PRAVIN Says:
    December 24th, 2012
    Posted at: 12:28 pm

    hi sir
    can hold tata chem cal or add more at 339


  7. ravii Says:
    December 24th, 2012
    Posted at: 12:29 pm

    Hello CB/Kartik,

    Thanks a lot !!! Nice call on Telco...


  8. satam Says:
    December 24th, 2012
    Posted at: 12:35 pm

    what shall we do with den?


  9. Aman Says:
    December 24th, 2012
    Posted at: 12:48 pm

    HI CB/Kartik..
    pls suggest intra target for Relcap..
    Also suggest sbt KHSL . Is it demerged or delisted..


  10. YOGI Says:
    December 24th, 2012
    Posted at: 12:48 pm

  11. PK Says:
    December 24th, 2012
    Posted at: 12:51 pm

    Hi YOGI, Sir, VGA,
    waiting for your call sir..... pls suggest, either it will be small then also suggest....


  12. RITESH Says:
    December 24th, 2012
    Posted at: 1:12 pm

    SELL NIFTY WITH INTRADAY TARGET OF 5820 LEVEL... SELL HINDALCO AND STERLITE INDUSTRIES WITH 3% DOWNSIDE FROM CURRENT LEVEL.


  13. PK Says:
    December 24th, 2012
    Posted at: 1:18 pm

    Hi CB Sir, Am holding Hindalco, as per the Ritesh Sir comments, it for selling....
    so can you please suggest....whether to hold or exit....


  14. CB Says:
    December 24th, 2012
    Posted at: 1:35 pm

    Hi PK, its a good bet. hold onto it.

    Hi YOGI, good afternoon

    Hi Aman, can test 490 in coming days. not sure of th other one yet

    Hi satam, its a hold for now

    Hi ravii, most welcome

    Hi PRAVIN, yes, hold it

    Hi Vijay, yes, book near 13.80


  15. AR Says:
    December 24th, 2012
    Posted at: 1:36 pm

    HI cb,

    can i buy icici fut cmp???


  16. CB Says:
    December 24th, 2012
    Posted at: 1:37 pm

    Hi AR, no, not yet.

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