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

    Hai CB!
    Aban Offshore to close up 1015.So, tommorrow we can expect to close above 1050 level.


  2. CB Says:
    July 29th, 2009
    Posted at: 9:02 pm

    Hi AR, hold it for a weeks time..it will do well

    Hi shiv, wait for some more time..on dips accumulate Rcom, Punj lloyd and Suzlon.. not sure about Resurgere mines

    Hi Adil, not sure about its results..lets wait for couple of days

    Hi ramsingh, wait for a 10% dip to enter it..dont buy nw

    Hi Sid, as of now no call considering markets volatiltiy..if Crompton crosses 312 buy it


  3. Shiv Says:
    July 29th, 2009
    Posted at: 9:08 pm

    CB does PTC look good to cross 100 bot yesterday @91


  4. Jim Says:
    July 29th, 2009
    Posted at: 9:36 pm

    Hi Chirag, considering todays huge loss which i had today, will it possible 2moro to get some gain..how da market will perform? Any prediction?


  5. CB Says:
    July 29th, 2009
    Posted at: 9:38 pm

    Hi Shiv, its a good bet for short term.. hold it..can see 84-100

    Hi Jim, markets seem they will open flat tomorrow.. strong support at 4380-4400 levels. below this we could see some more downside.


  6. VJ Says:
    July 29th, 2009
    Posted at: 9:47 pm

    CB WHat 2 do with Neyvell ............ I am traped in


  7. Jim Says:
    July 29th, 2009
    Posted at: 9:52 pm

    Ok. But can you explain what does support mean.when u say it has strong support wat it means. I'm not aware of technical jargon much,m sorry if you can explain.


  8. sachin Says:
    July 29th, 2009
    Posted at: 10:01 pm

    Hi CB

    I was caught when market shooted downside...I was having tata steel 200 @ 455.00

    I am holding it now...what should I do when I see that it results are also not that encouraging...but lossis kind of on higher side for me...

    Sachin


  9. mundlia Says:
    July 29th, 2009
    Posted at: 10:10 pm

    hey Chirag..how do u see markets performing tommorow??
    thanks


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

    hi cb,
    what is your view for ispat and suzlon......wil they grow soon??


  11. CB Says:
    July 29th, 2009
    Posted at: 10:12 pm

    Hi VJ, hold it for some more time..it will do well..

    Hi Jim, support means it is holding onto 4380-4400.. last time during a correction Nifty bounced from the same level.

    Hi sachin, it looks good. keep it for short term..it can see 465-470 levels.


  12. CB Says:
    July 29th, 2009
    Posted at: 10:12 pm

    Hi mundlia, likely to open flat

    Hi yash, yes.. hold for short term.


  13. Narasimha Says:
    July 29th, 2009
    Posted at: 10:13 pm

    Hi Jim, Support means when any stock or index ..falls to certain level .. at some level it can get strong support means .. every one would be interested to buy at that level .and level acted as resistance when the stock or index growing ..


  14. yash Says:
    July 29th, 2009
    Posted at: 10:13 pm

    what is your view for call put option in nifty for the next month...??


  15. Mathew Says:
    July 29th, 2009
    Posted at: 10:24 pm

    Are you expecting a gap down opening tomorrow CB? And would it drag the index down since its futures closing date?


  16. koolguy Says:
    July 29th, 2009
    Posted at: 10:44 pm

    Hi CB

    Is unitech to dip tomorrow like it did today.

    And can enter in DLF

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