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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: 8:44 am

    Hi anshul, most welcome.. Good day

    Hi setu, as of now hold them. avg them in 2-3 days once selling pressure eases in markets..


  2. Bhargav Says:
    January 29th, 2010
    Posted at: 8:45 am

    text few month for sensex 12800 or 19000...? your rewie..?


  3. neeraj Says:
    January 29th, 2010
    Posted at: 8:45 am

    hai CB Good morning......


  4. puran Says:
    January 29th, 2010
    Posted at: 8:45 am

    g m CB sir,


    today can we see recovery in market ????


    any intraday buying call????


  5. CB Says:
    January 29th, 2010
    Posted at: 8:46 am

    Hi Bhargav, likely to remain in the 13000-17000 range

    Hi neeraj, Good morning..

    Hi puran, yes, after a weak opening, some recovery is likely. buy sintex on dips.


  6. naveen Says:
    January 29th, 2010
    Posted at: 8:46 am

    HI CB,

    based on the positive closing i bought 7 lots of 5000 call, is there any risk and i thing 5000 is possible in feb series, your view?


  7. nithin2009 Says:
    January 29th, 2010
    Posted at: 8:47 am

    cb...i want to know the support level for unitec&suzlon...


  8. Dhritiman Sanyal Says:
    January 29th, 2010
    Posted at: 8:47 am

    HI CB,

    Got a call from my broker to short Bhushan Steel and Sterlite....is it advisable?


    Warm Regards,

    DS


  9. CB Says:
    January 29th, 2010
    Posted at: 8:48 am

    Hi naveen, as of now selling pressure is continuing. keep strict sl at 4800 (closing basis) and hold it

    Hi nithin2009, unitech is at 67 and suzlon at 72


  10. Chandrika Says:
    January 29th, 2010
    Posted at: 8:48 am

    HI CB

    Good Morning

    I bought jindal steel @677. Now is @650. Pls suggest what can i do ?


  11. CB Says:
    January 29th, 2010
    Posted at: 8:49 am

    Hi Dhritiman Sanyal, if they open gap down ,dont go short on them at opening.


  12. serenity Says:
    January 29th, 2010
    Posted at: 8:49 am

    Good morning CB..What can be bought if markets fall further. I am still left with 30% cash


  13. CB Says:
    January 29th, 2010
    Posted at: 8:49 am

    Hi nisha, its a hold for now

    Hi Chandrika, Good morning. its a hold for now.. markets may see some recovery later today


  14. nithin2009 Says:
    January 29th, 2010
    Posted at: 8:50 am

    cb..which one is likely to outperform in near future..unitec or suzlon...


  15. dak Says:
    January 29th, 2010
    Posted at: 8:50 am

    CB, what will happen to SAIL today ? I need to square off my position today.


  16. CB Says:
    January 29th, 2010
    Posted at: 8:50 am

    Hi serenity, Good morning. . on dips add axis bank, sel man, core projects..

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