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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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Comment pages: 293031323334353637Show all

  1. Divyesh Says:
    July 29th, 2009
    Posted at: 4:09 pm

    Hi Cb

    There is news from market tomm very good gain in tatasteel and dlf both are tgt more then 5 to 8%
    this is the true


  2. sunil Says:
    July 29th, 2009
    Posted at: 4:12 pm

    cb i have suzlon@115 can i get my price in short term?
    How about suzlon results have been announced or yet to come


  3. CB Says:
    July 29th, 2009
    Posted at: 4:13 pm

    Hi Manish, it looks good..keep can add 40-50% in long term

    Hi Divyesh, ok thanks for the info


  4. CB Says:
    July 29th, 2009
    Posted at: 4:13 pm

    Hi sunil, yes.. it will do well..hold it.. results are yet to come


  5. sunil Says:
    July 29th, 2009
    Posted at: 4:14 pm

    how do u expect results to turn out any idea?
    Expected to beat market expectations


  6. Manthan.R Says:
    July 29th, 2009
    Posted at: 4:21 pm

    Hi, Cb
    Cairn India can come down 2Tomm @ 227-226.? what is ur advice CB! about Cairn India.


  7. LALIT Says:
    July 29th, 2009
    Posted at: 4:25 pm

    Hi CB..WAS GOING THORUGH EUROPEAN MARKETS.. IN FACT THEY HAVE STRENGTHEN TO NEARLY 2% AS OF NOW..DO U THINK TOMM OUR MARKETS WLD AGAIN TRY TO KISS 4600 OF MAYBE MORE BEFORE FINALLY IT FALLS..IN SUCH CASE DO U THINK ITS ADVISABLE TO BUY A 4500 CALL OF NIFTY OF TOMMORROWS EXPIRY?


  8. Rams Says:
    July 29th, 2009
    Posted at: 4:26 pm

    HI CB,

    I Saw two earning estimates

    1)

    IIFL has come out with its earning estimates for the quarter ended June 2009. According to the research firm, Suzlon Energy's June quarter sales are expected to go up by 117.5% to Rs 6003.50 crore on YoY basis.

    The company's net profit is expected to go up by 8769.3% to Rs 119.70 crore on YoY basis.

    2)Motilal Oswal has come out with its earning estimates on Engineering Sector for the quarter ended June 2009. According to the research firm, Suzlon Energy's June quarter sales are expected to go down by 10.2% to Rs 1874.10 crore on YoY basis.

    The company's net profit is expected to go down by 79.2% to Rs 29.30 crore on YoY basis.


    Which one is ture? please suggest. what's your opinion on suzlon results?


  9. CB Says:
    July 29th, 2009
    Posted at: 4:28 pm

    Hi sunil, results are expected to be good.. also there were some rumors of buy back during market hours

    Hi Manthan.R, it will turn weak if it closses below 224.. don't enter yet

    Hi LALIT, yes.. yes.. they have turned strong.. one could buy 4600 call but with a strict sl at 4380-4400 on Nifty


  10. CB Says:
    July 29th, 2009
    Posted at: 4:29 pm

    Hi Rams, cannot be sure how the results would shape up.


  11. Manthan.R Says:
    July 29th, 2009
    Posted at: 4:32 pm

    Thank CB! Lets see what happ 2Tomm?


  12. akansha Says:
    July 29th, 2009
    Posted at: 4:34 pm

    hi cb what does buy back means?


  13. Anwer Says:
    July 29th, 2009
    Posted at: 4:36 pm

    Hi CB

    Whats the target of Rolta on tomroow ???


  14. sunil Says:
    July 29th, 2009
    Posted at: 4:43 pm

    Hi Rams,
    Motilal may be correct because they havent post sales of 6000cr in thier life time their sales would be around 2500cr.
    6000cr is too high for this company because they dont have enough liquidity to post such a kind of sales.
    Lets see, Do u know when the results are going to be announced


  15. sunil Says:
    July 29th, 2009
    Posted at: 4:44 pm

    Cb,
    When suzlon is going to announce the results


  16. Kartheek Says:
    July 29th, 2009
    Posted at: 4:45 pm

    CB, target for DLF for coming weeks?

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