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Intraday calls for 29-07-09

Posted on: July 29th, 2009 at 9:25 am

Buy Nagarjuna Construction at 150-152, target: 160. Stoploss: 147

If markets show weakness later during the day, sell: ING Vysya bank.

Stocks at resistance levels – Watch for positive breakout:
Dr. Reddys Laborataries – Buy above 828, target: 850. Stoploss: 820
Sterlite Industries – Buy above 670, target: 690. Stoploss: 663
BHEL – Buy above 2300, target: 2350. Stoploss: 2283

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577 Responses

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  1. CB Says:
    July 29th, 2009
    Posted at: 3:30 pm

    Hi abs, in small quantity


  2. abs Says:
    July 29th, 2009
    Posted at: 3:31 pm

    Thanks CB, bt i guess mkt is closed nw..:(
    wht is ur call on sesa?


  3. CB Says:
    July 29th, 2009
    Posted at: 3:31 pm

    Hi dk, results are avg..


  4. Prem Says:
    July 29th, 2009
    Posted at: 3:32 pm

    Hi CB ..what will be the status of the market tommorrow....?


  5. CB Says:
    July 29th, 2009
    Posted at: 3:32 pm

    Hi abs, Sesa is a good buy on dips.. dont enter at cmp..


  6. CB Says:
    July 29th, 2009
    Posted at: 3:32 pm

    Hi Prem, its likely to open flat


  7. Mathew Says:
    July 29th, 2009
    Posted at: 3:32 pm

    CB, I had thought of selling Unitech yesterday at 98 to get it back again at a dip. Would have fetched me a profit of 40K as I hold about 4000 shares. What do you say of that strategy?


  8. vini Says:
    July 29th, 2009
    Posted at: 3:33 pm

    any good buys nw?


  9. Geetha Says:
    July 29th, 2009
    Posted at: 3:34 pm

    i got idbi 200@108, can i expect this price tommorrow


  10. CB Says:
    July 29th, 2009
    Posted at: 3:34 pm

    Hi Mathew, yes.. if you hold a large chunk then booking profits is a good idea. anyways..we will see it again at 98 levels in future..

    Hi vini, no..lets wait for couple of days


  11. CB Says:
    July 29th, 2009
    Posted at: 3:35 pm

    Hi Geetha, yes.. its likely to see this price


  12. RK Says:
    July 29th, 2009
    Posted at: 3:35 pm

    Hi CB, What does this means.

    Please note as per NSE Circular No NSE/F&O/056/2009 dated July 24, 2009, all existing contracts in the underlying ADLABSFILM i.e. contracts with expiry dates July 30, 2009, August 27, 2009 and September 24, 2009 shall expire on July 30, 2009 and shall be finally settled at the relevant settlement price.

    Why this happens?


  13. CB Says:
    July 29th, 2009
    Posted at: 3:37 pm

    Hi RK, settlements of F&O contracts for next 2 months also need to be closed tomorrow..not sure why?


  14. anand Says:
    July 29th, 2009
    Posted at: 3:37 pm

    HI CB I HAVE 50 SHARE OF UNITECH @94 WHAT SHOULD I DO ?


  15. CB Says:
    July 29th, 2009
    Posted at: 3:37 pm

    Hi anand, hold it for short term..it will do well in coming days..can see 110


  16. Manish Says:
    July 29th, 2009
    Posted at: 4:08 pm

    CB - How is INOX for long term.. ? I got some today

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