Intraday calls for 29-05-09
Buy Suzlon at 90.75, target: 94. Stoploss: 88.30
Buy Bharti Airtel at 795, target: 825. Stoploss: 784
If markets show weakness later during the day, short sell: JSW Steel
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CB Says:
May 29th, 2009
Posted at: 1:44 pm
Hi Eesha, most welcome...
CB Says:
May 29th, 2009
Posted at: 1:44 pm
Hi deba, hold it for some more time.
Eesha Says:
May 29th, 2009
Posted at: 1:44 pm
Actually I am a day trader and buy stocks in lots of 100s and 1000s and hence even a movement of 5 to 10 rupees would be good for me. Hence I asked for Welspun and Walchindnagar.
Let me know your views for these and Renuka as well.
CB Says:
May 29th, 2009
Posted at: 1:47 pm
Hi Eesha, Walchandnagar is on a circuit today..you wont be able to buy it. Welspun as of now is a hold..not a buy.. Renuka is a buy on dips
Akash Says:
May 29th, 2009
Posted at: 1:47 pm
Hi Eesha. Walchand Ind is a hold for long term. It can even test 1000 if hold for long term (3 years or more. Even 2000 :-) ). Buy 15-20 and just forget that u ever bought Walchand Ind. I am holding 10 and will not sell until it reaches 1200 at least :)
Eesha Says:
May 29th, 2009
Posted at: 1:50 pm
Thanks Akash.
Akash Says:
May 29th, 2009
Posted at: 1:50 pm
Eesha. Just a gentleman advise. Stop Day trading. You can always go for short term but strictly no day trading. I lost a lot (about 1 Lakh) in day trading and I had to tell my broker to block margin trading in my account. I have now now stopped it fully and shifted to short term and BTST. If you put your money, you have a chance to hold the stock even it is down..
Hope you will not mind me giving this advise without asking :)
- Akash
Eesha Says:
May 29th, 2009
Posted at: 1:51 pm
Any specific target for Renuka in the next week as I bt it today @ 128:( and am desperately waiting for it to go up.
CB Says:
May 29th, 2009
Posted at: 1:53 pm
Hi Eesha, hold it..it can go upto 136-140 in coming days..
Mac Says:
May 29th, 2009
Posted at: 1:54 pm
HI CB, I have NTPC @ 209/- , Power Finance @ 197/-, GTL Infra @45.5/- and Ashok Leyland @ 31/-..
Plz advise which to sell today and which to keep it for a week..Thanks
Nazeer Says:
May 29th, 2009
Posted at: 1:55 pm
Hi CB,
I have shorted ABB at 553 What is is the resistance and support level of ABB
Thnaks
vivek Says:
May 29th, 2009
Posted at: 1:55 pm
HI CB ,
can tanla solutions reach 150 levels?
i am holding @49 .so should i sell it or wait further?
Eesha Says:
May 29th, 2009
Posted at: 1:56 pm
I am feeling like buying back the JSW with a 1 rupee proft that I had short sold @ 560...
Getting impatient as to why its not moving downwards:)
CB Says:
May 29th, 2009
Posted at: 1:56 pm
Hi Mac, Exit NTPC on rise..hold others for short term
CB Says:
May 29th, 2009
Posted at: 1:58 pm
Hi Nazeer, hold it with a sl at 660..
Hi vivek, book partial profits now and hold rest with a trailing sl.. in long term it can see 150
Hi Eesha, Nifty is steady that is the reason we are not seeing JSW come down..hold for some time...keep a sl at 565
Mac Says:
May 29th, 2009
Posted at: 1:59 pm
What Target shud I expect on Ntpc for today...