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Intraday calls for 28-01-09

Posted on: January 28th, 2009 at 9:32 am

Markets likely to remain positive today.

Buy Jindal Steel & Power at 877, target: 900. Stoploss: 868

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56 Responses

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  1. Aneel Says:
    January 28th, 2009
    Posted at: 11:28 am

    Any call on suzalon?


  2. CB Says:
    January 28th, 2009
    Posted at: 11:29 am

    Hi Raj, it can touch 30-30.50.. it has resistance at 33-34 levels..


  3. CB Says:
    January 28th, 2009
    Posted at: 11:29 am

    Hi Aneel, Suzlon looks weak.. its a sell on rally stock.


  4. Ranga Says:
    January 28th, 2009
    Posted at: 11:43 am

    good morning guru, can i avg PUNJ then? I have at 190. also what about the NIFTY levels?


  5. CB Says:
    January 28th, 2009
    Posted at: 11:45 am

    Hi Ranga, yes.. avg it.. Nifty may touch 2500 in short term but Punj around 90 levels is a good bet and has limited downside..


  6. K K Says:
    January 28th, 2009
    Posted at: 11:57 am

    ANY views on BoB, CB


  7. Ranga Says:
    January 28th, 2009
    Posted at: 11:59 am

    ko, shall I wait for PUNJ to touch 90 or shall I buy at 93.5?


  8. K K Says:
    January 28th, 2009
    Posted at: 12:00 pm

    wat is one month expected levels for ONGC up / down


  9. CB Says:
    January 28th, 2009
    Posted at: 12:02 pm

    Hi K K, Bank of Baroda has very strong resistance at 250-258 levels.. Buy it above 258 for good returns in short term


  10. CB Says:
    January 28th, 2009
    Posted at: 12:04 pm

    Hi Ranga, avg at cmp..

    Hi K K, above 670 it can touch 750..


  11. Sharad Says:
    January 28th, 2009
    Posted at: 12:22 pm

    Hello Cb. in the moring i bought Jindal at 884 and sold at 895. i agin now bought at 874. should i hold? why so volatile today?


  12. CB Says:
    January 28th, 2009
    Posted at: 12:26 pm

    Hi Sharad, yes, hold it. it has its 200 DMA is at 860. yesterday it closed above it, which was positive for the stock.. Today after making a high of 900 it again tested its 200 DMA which is 860 and showed a good bounce fom there.. This confirms that the stock trend is 'up' and in other words, its a double bottom formation and it could touch 920 also. keep a trailing sl and hold


  13. Sharad Says:
    January 28th, 2009
    Posted at: 12:29 pm

    Wow! thats awesome knowledge man. thanks.


  14. sruthy Says:
    January 28th, 2009
    Posted at: 12:29 pm

    what about bombay dyeing for intraday


  15. CB Says:
    January 28th, 2009
    Posted at: 12:33 pm

    Hi sruthy, Bombay dyeing looks weak.. short sell if markets show weakness..not a buy as of now.


  16. Ranga Says:
    January 28th, 2009
    Posted at: 12:38 pm

    so will the market decrease today, afternoon. how the global things are going on? do we try an upmove again?

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