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Intraday calls for 27-08-10

Posted on: August 27th, 2010 at 8:24 am

Markets likely to open flat

Buy Oracle Financial Services at 2097, Target: 2130, SL 2070 – (book profits at 2133)

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634 Responses

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  1. deepak Says:
    August 28th, 2010
    Posted at: 8:52 pm

    Dear CB/kartik Holding JPASSociat 130 Ca @ 2.65 cmp 1.25, Can I hold it or book loss
    as erlier u adviced me for bok profit near 8-10.


  2. Balaji Says:
    August 28th, 2010
    Posted at: 8:53 pm

    Thanks alot CB..This is going to be my first share..Thanks alot for ur help..


  3. CB Says:
    August 28th, 2010
    Posted at: 9:23 pm

    Hi deepak, keep strict sl at 110 and hold it for now. not really sure why its seeing such weakness in positive markets.

    Hi Balaji, great! best of luck


  4. sudheer Says:
    August 28th, 2010
    Posted at: 9:27 pm

    Hi CB, what is the next week target for Deccan Chronicle & ICSA, any guess? Thanks in advance.


  5. CB Says:
    August 28th, 2010
    Posted at: 9:33 pm

    Hi sudheer, Deccan has strong support at 124. can see 130. icsa can see some bounce from here. can see 135


  6. jayesh Says:
    August 28th, 2010
    Posted at: 9:48 pm

    why walchandnagar is going down whether is it right to continue to hold for 260 target.


  7. CB Says:
    August 28th, 2010
    Posted at: 10:21 pm

    Hi jayesh, yes, hold it. can see some bounce from 210-215.


  8. anurag Says:
    August 28th, 2010
    Posted at: 10:43 pm

    hi cb.. Further can we see profit booking or correction from here, or nifty will go up as dow closed positive on friday.. I did not book profit in shorts on fri as expected dow to close negative on friday


  9. Gitanjali Says:
    August 28th, 2010
    Posted at: 11:09 pm

    Hi CB, Regarding ..suzlon [247.85], rcom[612.09],and punjlloyd [355.25 ]unitech [440] bought in 2008 , 500 each, [and have added 50 more to rcom .and 650 more to unitech during feb this year ]... what wd ur advise have been ..in 6mnths after the buy .say around sept' 2008 .? wd u have foreseen a fall ? Am trying to figure out.. wd it have been possible to reduce the loss .. in any way . Thanks.
    there are others like tatasteel , rolta etc which are not this bad and tata motors gave good returns


  10. Bull Says:
    August 28th, 2010
    Posted at: 11:25 pm

    Hi CB,
    holding 1 lot of Tata motors at 1013 for Sep.. where do you see it can head to ?


  11. CB Says:
    August 28th, 2010
    Posted at: 11:26 pm

    Hi anurag, yes, may test 5350 in coming days. hold shorts for now

    Hi Gitanjali, oh ok. yes, we will need to continue to holding onto them for long term. no point booking losses at these levels. fundamentally these are strong companies. will recover back in long term.


  12. CB Says:
    August 28th, 2010
    Posted at: 11:27 pm

    Hi Bull, its been facing selling pressure near 1020 levels. as of now hold with sl at 985 or if it breaks 985, enter a 980-1000 put to hedge the long.


  13. CB Says:
    August 29th, 2010
    Posted at: 12:20 am

    Hi Gitanjali, most welcome. lets hope for the best..


  14. VijayK Says:
    August 29th, 2010
    Posted at: 12:28 am

    CB...how is the weekend going on?....
    man must be spending good amount in responding to queries :-)


  15. yash Says:
    August 29th, 2010
    Posted at: 12:47 am

    Plz suggest target for Sona Koya,NHPC for long Term..??


  16. CB Says:
    August 29th, 2010
    Posted at: 12:47 am

    Hi VijayK, nm.. at home. hope you have a good weekend..

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