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Intraday calls for 28-01-11

Posted on: January 28th, 2011 at 8:29 am

Markets likely to open lower, Nifty looks weak below its 200 DMA of 5615, if we manage to close below 5615 for a couple of days, we could see 5500 and lower levels

Sell ABB around 720, Target: 705, SL 732 (book profits at 703)

10.13AM – Sell edserv softsystems at 146.60, target: 142. Stoploss: 149.50 – (book profit at 142)

2.03PM – sell bajaj auto at 1246, target: 1228. Stoploss: 1262 – (exit positions at 1256)

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699 Responses

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  1. Akash Says:
    January 28th, 2011
    Posted at: 10:35 am

    Hi CB, I did not buy TCI that day when it was at 81, and since then it is on UC. Today it reached 112+ through UC. How can I buy that.. Now I am feeling that I missed another Jai Corp in making :(


  2. CB Says:
    January 28th, 2011
    Posted at: 10:35 am

    Hi rajesh, can see 229 if markets remain weak

    Hi AJ, its at 550


  3. Krish Says:
    January 28th, 2011
    Posted at: 10:35 am

    Hello CB Sir,

    I have shorted SESAGOA at 331 for intraday. What do you suggest?


  4. CB Says:
    January 28th, 2011
    Posted at: 10:36 am

    Hi RAMA, thanks

    Hi Akash, hmm..


  5. CB Says:
    January 28th, 2011
    Posted at: 10:37 am

    Hi Krish, its a hold. can see 328


  6. sourabh Says:
    January 28th, 2011
    Posted at: 10:37 am

    kis rate pe buy karmna chahiye ril.............


  7. Akash Says:
    January 28th, 2011
    Posted at: 10:37 am

    Hi CB, I am talking about TCI Finance. Pls suggest me how can I buy it.. Or any other stock like this which will remain in Circuit for ever...


  8. Saumya Says:
    January 28th, 2011
    Posted at: 10:38 am

    hi CB...any nifty option trade for today?


  9. CB Says:
    January 28th, 2011
    Posted at: 10:38 am

    Hi sourabh, no, not yet

    Hi Akash, no, dont enter it now. can see profit booking anytime soon


  10. sekhar Says:
    January 28th, 2011
    Posted at: 10:39 am

    Hi,"CB" not new call, i am asking generally can we do short in any scrip in the market or some list will be there.


  11. askimaski toss Says:
    January 28th, 2011
    Posted at: 10:39 am

    THERMAX MD SAYS EXPECTS ABOUT 10 BLN RUPEES WORTH OF ORDER BOOKINGS IN MARCH-QTR

    BSE BLOCK DEAL: ICI INDIA 100000 SHARES AT 740.00 INR


    HARES IN TATA MOTORS TRADING 4.2 PCT LOWER AT 1142 RUPEES; TOP SENSEX LOSER

    JAIN IRRIGATION SYSTEMS LTD SAYS BOARD APPROVES RAISING UPTO $150 MLN


  12. Krish Says:
    January 28th, 2011
    Posted at: 10:39 am

    Thank you Sir. What about JSW Steel? It broke 52 week today. Is there more downside to it?


  13. luckvijay Says:
    January 28th, 2011
    Posted at: 10:39 am

    Dear CB pls suggest any site or book for studying Charting as i am a student and try to get expertise in charting


  14. Akash Says:
    January 28th, 2011
    Posted at: 10:40 am

    Hi CB, Can I buy Birla Power at CMP 1.15. Target 4+ in short term. Or what abt Tarapur Transformers?


  15. CB Says:
    January 28th, 2011
    Posted at: 10:40 am

    Hi Saumya, no, as of now none

    Hi sekhar, yes, we can short any stock but strictly intraday only.. go with stocks with good volumes.


  16. sekhar Says:
    January 28th, 2011
    Posted at: 10:41 am

    hi "CB" OK THANK U

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