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Intraday calls for 29-01-10

Posted on: January 29th, 2010 at 8:16 am

Markets likely to see a weak opening..

If markets show recovery later during the day, buy: Sintex Industries

update: 11.15pm – CRR has been hiked by 75 bps to 5.75% versus 5% while the Repo Rate and Reverse Repo Rate have been left unchanged – News is not as expected by market participants. but nifty could see some short covering after this news.

12: 15pm : Intraday call: BUY JET AIRWAYS CMP: 512, Target: 525, SL 500 – (exit positions at 507)

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674 Responses

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  1. CB Says:
    January 29th, 2010
    Posted at: 10:44 am

    Hi Vasanth, in small quantity


  2. Mahesh Says:
    January 29th, 2010
    Posted at: 10:45 am

    Hi CB,

    I have Suzlon 100 @ 91.50, Andhra Bank 100 @ 114 and Vijaya Bank 300 @ 57..

    Kindly advice what to do??

    I am in huge loss, will the market go still more down.


  3. CB Says:
    January 29th, 2010
    Posted at: 10:46 am

    Hi Mahesh, nifty has some support at 4800. if it closes below this then some more downside can be seen. for now hold ur stocks. they are fundamentally strong. if possible add few more of them on dips


  4. neeraj Says:
    January 29th, 2010
    Posted at: 10:48 am

    CB If mkt recovers from here... how much time will Hindalco take to 175 level , as of now its on 142 .
    if mkt goes more down from here , than how much i have more to hold in months


  5. tnl Says:
    January 29th, 2010
    Posted at: 10:49 am

    sir, im holding wipro at 653..it is now 644..can i hold it for intra?


  6. CB Says:
    January 29th, 2010
    Posted at: 10:51 am

    Hi neeraj, keep it for a month or 2. it will bounce back

    Hi tnl, yes, hold it for now.


  7. Pardhasaradhis Says:
    January 29th, 2010
    Posted at: 10:51 am

    Dear CB,

    Kindly post the outcome of RBI policy as soon as it is announced(is it around 12 noon) and its likely impact on the market for the benefit of all.Thanks in advance.


  8. vikas Says:
    January 29th, 2010
    Posted at: 10:52 am

    HEY CB
    whats the downside target for national alluminium today


  9. CB Says:
    January 29th, 2010
    Posted at: 10:53 am

    Hi Pardhasaradhis, sure.. shall update

    Hi vikas, around 368-370


  10. Nitin Says:
    January 29th, 2010
    Posted at: 10:55 am

    Hi CB,

    I have bought gujrat nre coke @72.35 for intraday, at what level should I exit.?

    Thanks in advance,


  11. mgharish Says:
    January 29th, 2010
    Posted at: 10:55 am

    hi cb,
    what do u suggest for ,i have rcom@183 and essaroil@170


  12. CB Says:
    January 29th, 2010
    Posted at: 10:55 am

    Hi friend, keep sl around 243-244. can see 255


  13. sri Says:
    January 29th, 2010
    Posted at: 10:55 am

    How is srei infra? can it be bought at current levels?


  14. neeta Says:
    January 29th, 2010
    Posted at: 10:55 am

    hi cb will it be ok to go long on nifty or any stock if bounce is expected aft announcement. which stk to look out for


  15. vikas Says:
    January 29th, 2010
    Posted at: 10:55 am

    tell me CB
    What u think in which direction national alluminium will go intraday


  16. CB Says:
    January 29th, 2010
    Posted at: 10:56 am

    Hi Nitin, as of now hold it

    Hi mgharish, for now hold onto them. markets are likely to see some bounce from here.

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