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Intraday calls for 26-11-09

Posted on: November 26th, 2009 at 9:20 am

Markets likely to see a weak opening. Support for nifty is at 5050.

If markets show recovery later during the day, buy: Hitachi Home & Vardhman Textiles above 193

Options: Continue to hold 5100 put dec series. no new call yet. – ( book partial profits at 205)

3.30pm – btst – buy ranbaxy in small quantity at 430 target 441. sl 423

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639 Responses

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Comment pages: 181920212223242526Show all

  1. vemuri Says:
    November 26th, 2009
    Posted at: 12:58 pm

    RNRL @ 90, do you expect more down side? should I wait longer until judgement?
    you recommend avg? or exit?


  2. Lalith Says:
    November 26th, 2009
    Posted at: 1:00 pm

    Hi Arijit,

    Going long a stock is when you buy it in expectation that it will go up in price. You are bullish.

    Going short a stock is when you think the price of the stock will decrease. You put in an order with your broker to sell the stock short. He finds someone who will sell you the shares that you want. You receive the proceeds from the sale and they are put into your "short" account. You do not have access to those funds, but they are ledgered in for you. Some time later (there usually is no time stipulation like when buying options), you will buy the shares back (hopefully) at a lower price that when youj initially sold them short. You will not receive the shares, but the difference between what you sold them for and what you just bought them back for, goes into your brokerage account.
    ///

    Hope this could help you....copied from net


  3. Reddy Says:
    November 26th, 2009
    Posted at: 1:02 pm

    Hi CB, i am holding Jindalsteel 100 shares @698, Please advise shall i hold or sell for now.


  4. malick Says:
    November 26th, 2009
    Posted at: 1:04 pm

    HI CB SIR
    SHALL I BUY RELIANCE INDUSTRY 50@1190 FOR 2 WEEK WHT RATE CAN I HOPE THANKS


  5. Mano Says:
    November 26th, 2009
    Posted at: 1:07 pm

    Hi LP, As of now no news on it. That is a small tech bounce may be. But wouldnt advice to go for it.


  6. ankurpalan Says:
    November 26th, 2009
    Posted at: 1:10 pm

    Hi LP, its just a short recovery ...it would fall further from tommorow ..dont enter it its a dicy stock


  7. LP Says:
    November 26th, 2009
    Posted at: 1:13 pm

    ok Mano and Ankurpalan


  8. ARIJIT DAS Says:
    November 26th, 2009
    Posted at: 1:15 pm

    Hi Lalith,
    THANKS A LOT LOLIT.


  9. ishan Says:
    November 26th, 2009
    Posted at: 1:16 pm

    Hi Reddy, You should hold it for 1-2 months


  10. ishan Says:
    November 26th, 2009
    Posted at: 1:17 pm

    Hi malick, Wait some more time before entering RIL, My bet is you can see it below 1000


  11. deepa Says:
    November 26th, 2009
    Posted at: 1:21 pm

    Hi, i am holding aptech can i hold long term for 1 year..i buyed at 265 levels...


  12. Kartik Says:
    November 26th, 2009
    Posted at: 1:30 pm

    Hi deepa, yes, hold it, its a strong bet for Long term


  13. Reddy Says:
    November 26th, 2009
    Posted at: 1:31 pm

    Hi CB / Kartik, i am holding Jindalsteel 100 shares @698, Please advise shall i hold or sell for now


  14. Kartik Says:
    November 26th, 2009
    Posted at: 1:32 pm

    Hi Reddy, hold them for some more time


  15. ankurpalan Says:
    November 26th, 2009
    Posted at: 1:32 pm

    Hi Kartik, ehelp me with patni …its dam confusing ..i hear it was suppose to satke sale @ 550 but now i hear on CNBC awaz that the difectors have sold their holding at around 450 ……can any one please guide me with it


  16. Kartik Says:
    November 26th, 2009
    Posted at: 1:33 pm

    Hi ankurpalan, hold it for some more time, it can do well

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