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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. MM Says:
    January 29th, 2010
    Posted at: 11:14 am

    Hi CB,
    Waht is the Intraday target for SRF today


  2. nats Says:
    January 29th, 2010
    Posted at: 11:15 am

    hi cb why market sudenly go down
    crr announce happened>?


  3. Akila Says:
    January 29th, 2010
    Posted at: 11:15 am

    wwhats thiis? deep faalll?/


  4. CB Says:
    January 29th, 2010
    Posted at: 11:15 am

    Hi MM, no..its likely to move with the markets. if markets improve can add 3-4rs.


  5. CB Says:
    January 29th, 2010
    Posted at: 11:16 am

    Hi nats, crr hiked by 75 bps point

    Hi Akila, crr hiked by 75 bps point


  6. Vasanth Says:
    January 29th, 2010
    Posted at: 11:18 am

    Why is market raising up and Down Continously?Will da market close in green??


  7. swapna Says:
    January 29th, 2010
    Posted at: 11:18 am

    hi cb, that is good or bad for markets?


  8. Bull Says:
    January 29th, 2010
    Posted at: 11:19 am

    thanks CB,, should i short unitech, or seems like rate hike already discounted in it ?


  9. CB Says:
    January 29th, 2010
    Posted at: 11:19 am

    Hi Vasanth, maybe see some short covering today

    Hi swapna, bad news. but maybe see short covering today


  10. Raj Says:
    January 29th, 2010
    Posted at: 11:19 am

    hi cb bought one lot of unitech @ 71 whats the target???


  11. vikas Says:
    January 29th, 2010
    Posted at: 11:20 am

    hey cb
    what abt uco bank intra day


  12. CB Says:
    January 29th, 2010
    Posted at: 11:21 am

    Hi Bull, yes, some upmove is likely

    Hi Raj, can add 2rs.


  13. janu Says:
    January 29th, 2010
    Posted at: 11:21 am

    CB...sir, in this situation pls advise me script for invest 4 short term.


  14. mpd Says:
    January 29th, 2010
    Posted at: 11:21 am

    redington 286 sudden spurt. How far i can wait to squre up. 290+


  15. abs Says:
    January 29th, 2010
    Posted at: 11:22 am

    hello CB, after CRR ratg wht shd so? hold current position or book loss..if we expect more dwnfall?


  16. Vasanth Says:
    January 29th, 2010
    Posted at: 11:22 am

    Hi Cb,

    Target for Sintex..Started moving up...

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