Intraday calls for 25-09-09
Markets likely to see a gap down opening. Nifty has support at 4930. A close below this can take Nifty down to 4850.
If markets see some buying interest later during the day, buy: REI Agro and Gujarat NRE coke.
10.15 AM – Buy some of Kingfisher airlines for 1-2 days. target 58. sl 53. cmp: 55.30 (Book profits at 58)
1.30 PM – fut – sell sterlite for 1-2 days. target 725. sl 762 cmp 751
3.05 PM – btst – buy Aurobindo pharma at 746 target 770. sl 738
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CB Says:
September 25th, 2009
Posted at: 11:23 am
Hi Manthan.R, thanks
Hi somashekhara, it can see 124-125
sj Says:
September 25th, 2009
Posted at: 11:24 am
:: Economic News Headlines
India annual inflation likely at 0.37 pc (ET)
Oil falls to near $68 as US crude supplies jump (ET)
RBI may tighten money supply in 2010 (ET)
Investment plans in infra not affected by eco crisis (ET)
US proposal on IMF reform a good step (ET)
Residential property prices may decline (BS)
India's Apr-July pulses imports surge by 50% (BS)
India to push for expansion of WB capital (FE)
Economy will do better in Sept qtr (FE)
:: Corporate News Headlines
Maruti halts production of mid-sized sedan SX4 (ET)
R-Infra, Sterlite, Lanco bid for mega PFC deal (ET)
ONGC to invest Rs 50k cr in E&P (ET)
L&T gets Rs 2,000 cr power plant order (ET)
RCOM gets new 8088-number series (ET)
India to invest $18 bn in ports over next 5-7-years (ET)
Sesa Goa to raise Rs 2,400 cr via FCCB issue (BS)
Gujarat NRE to raise $60 mn via FCCB (BS)
Sun Pharma to file 30 applications in US (FE)
Pantaloon sees 35-40 pct FY10 revenue rise (FE)
Valuation norms for insurance cos soon (FE)
DoCoMo to continue expansion spree in India (FE)
ONGC to invest Rs 50,000 cr in oil, gas fields (FE)
CB Says:
September 25th, 2009
Posted at: 11:25 am
Hi Sri, yes. hold it
Hi rajkumble, yep.. lot of news flow on it..overall stock looks good..one can buy a call
CB Says:
September 25th, 2009
Posted at: 11:26 am
Hi sj, thanks for the info.
Manthan.R Says:
September 25th, 2009
Posted at: 11:26 am
Hi CB, Most Welcome ;)
RANGA Says:
September 25th, 2009
Posted at: 11:26 am
HELLO GURU, I TOOK IDBI AT 117.80 FOR INTRADAY, NOW AT 119 WHAT TO DO?
Sri Says:
September 25th, 2009
Posted at: 11:26 am
Thanks Wat do you think is the target of Lakshmi Vilas Bank for today.
raj kamal Says:
September 25th, 2009
Posted at: 11:27 am
cb sir i shorted suzlon energy at 92 what will be the target and what will be stop loss
eliot Says:
September 25th, 2009
Posted at: 11:27 am
CB,
I am holding 400 @ 402 for bharti.Can i buy more?
niftybigbull Says:
September 25th, 2009
Posted at: 11:27 am
NIFTY FUT: BUY. Expect a Target of 4990.85. ABOVE 4962.50, . Will be resisted at around 4930.00 and SL too. If crosses this level, then expect short covering up to 5043.75
sj Says:
September 25th, 2009
Posted at: 11:30 am
hi cb, i have idfc @ 149.. what selling price can i expect in short term (1-2 week)
CB Says:
September 25th, 2009
Posted at: 11:31 am
Hi RANGA, hold it..once it crosses 120 it can see 124
Hi raj kamal, it can see 90.80..keep sl at 93
Hi Sri, it add 2-3rs
Hi eliot, dont buy more now. as of now hold it
Hi niftybigbull, thanks..
rajkumble Says:
September 25th, 2009
Posted at: 11:32 am
shall i buy 450CA & 380PA
CB Says:
September 25th, 2009
Posted at: 11:33 am
Hi sj, it has strong resistance at 150-151.above this it can see 165. hold it
Hi rajkumble, yes.
eliot Says:
September 25th, 2009
Posted at: 11:33 am
Hi CB,
Can u suggest any banking stock to buy?
Sri Says:
September 25th, 2009
Posted at: 11:33 am
Can it add 2-3rs from the current price of 94.2, if that is the case it will reach 96-97, am i correct.