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Intraday calls for 29-05-09

Posted on: May 29th, 2009 at 9:15 am

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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449 Responses

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Comment pages: 34567891011Show all

  1. CB Says:
    May 29th, 2009
    Posted at: 10:03 am

    Hi Ranga, yes..its witnessing some selling pressure at 138-142 levels..


  2. Prakash Says:
    May 29th, 2009
    Posted at: 10:03 am

    Any thing looking good for 3-5 days.


  3. CB Says:
    May 29th, 2009
    Posted at: 10:04 am

    Hi Samyak, no.not buys as of now.. wait for some more time before going short..


  4. CB Says:
    May 29th, 2009
    Posted at: 10:04 am

    Hi Prakash, no..


  5. Ranga Says:
    May 29th, 2009
    Posted at: 10:04 am

    POWER FINANCE CORP LTD, T 250. ONE WEEK TIME. IT HAS A FLAG BULLISH.


  6. Akash Says:
    May 29th, 2009
    Posted at: 10:05 am

    I cud bought NMDC at 460. Can we expect 500 at least on Monday?


  7. Eesha Says:
    May 29th, 2009
    Posted at: 10:06 am

    Hi CB,

    When is it that we should buy the stocks, I am a bit confused as the moment the market opens it shoots up to the targetted values already and then I am not left with an option to buy. But when later in the day, the stock value goes down I become skeptical to buy it at that rate owning to the fact that it had already reached its high and may or may not again go up?

    Please advice. As you can see that Suzlon had already touched 93.90


  8. CB Says:
    May 29th, 2009
    Posted at: 10:06 am

    Hi Akash, its making new highs.. momentum is likely to continue.


  9. chaitanya Says:
    May 29th, 2009
    Posted at: 10:07 am

    Hi CB,
    I have 500 rolta at 116. PLs advise the target.


  10. CB Says:
    May 29th, 2009
    Posted at: 10:08 am

    Hi Eesha, yes.. when markets open gap up stocks usually open gap up too.. don't buy them at highs.. wait for some time.. if markets show weakness short JSW Steel


  11. CB Says:
    May 29th, 2009
    Posted at: 10:08 am

    Hi chaitanya, hold it..once it crosses 122..it can touch 130


  12. Geetha Says:
    May 29th, 2009
    Posted at: 10:11 am

    what about bombay dyeing,tata motors for intra day
    can i buy @cmp


  13. Eesha Says:
    May 29th, 2009
    Posted at: 10:13 am

    Please help with RNRL which I bt 1200 at 81.95. Should I hold ; sell and at what rates


  14. CB Says:
    May 29th, 2009
    Posted at: 10:15 am

    Hi Geetha, no.dont buy Bombay Dyeing.it is facing resistance at 350 .Tata motors also not a buy as of now


  15. Samyak Says:
    May 29th, 2009
    Posted at: 10:15 am

    CB, JSW short now? It's trading week.


  16. DM Says:
    May 29th, 2009
    Posted at: 10:16 am

    HI CB
    CAN WE ADD AMBIKA COTTON AT CMP OR SHOULD WAIT FOR ANY CORRECTION IN IT.

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