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oswyn Says:
August 30th, 2009
Posted at: 7:48 pm
do you see a correction in the market in the near future, if yes, what percentage dip in the nifty?
CB, replies: Hi oswyn, yes.. profit booking is likely. maybe a 100-150 point fall on Nifty
CB Says:
August 30th, 2009
Posted at: 7:59 pm
Hi Sabir, you may hold it with a sl at 4750. technically a correction is pending considering the non stop rally from 4400.
Hi ramsingh, not sure about it
Hi oswyn, yes.. profit booking is likely. maybe a 100-150 point fall on Nifty
PSAhlawat Says:
August 30th, 2009
Posted at: 8:03 pm
Thanks CB.I want to know at what price should i buy Unitech and IFCI? and what will be the target in next 3-4 months?
CB, replies: Hi PSAhlawat, Unitech can be bought on dips around 90 or if it manages to cross resistance at 100-102 level. it can see 120 in short term. IFCI can be bought around 50-52 levels.
ramsingh Says:
August 30th, 2009
Posted at: 8:05 pm
HaiCB!
Please suggest about State bank of Travancore.What is the price target.It is worth to hold.
CB, replies: Hi ramsingh, yes. its a good bet. hold for some more time
nv Says:
August 30th, 2009
Posted at: 8:11 pm
Hi...I have Orchid Chemicals bought at 120...Should I exit now or can wait for 1-2 months for a target of 135?
CB, replies: Hi nv, hold it for short term. it can see 140
saravan Says:
August 30th, 2009
Posted at: 8:17 pm
hi cb,
seeing some good movement oil sector stocks.............. am i correct or not. can I buy any good stock from the same sector now. ur vies plz
CB, replies: Hi saravan, they have run up a lot recently. would be risky to enter them now. one can look at adding ONGC on dips around 1140-1150 levels.
PSAhlawat Says:
August 30th, 2009
Posted at: 8:18 pm
Thanks again CB this is really a great help for a newcomer like me.
Can you plz tell me about target price for IFCI in 3-4 months.?
CB, replies: Hi PSAhlawat, most welcome. it has a target of 65
SC Says:
August 30th, 2009
Posted at: 8:32 pm
Hi CB, How about Madhucon & Hindustan Zinc tomorrow. Am planning to go long(intraday) on both these tomorrow. Demand for both the stocks looks very positive, hence thought of going long. need your advise. Tata power, anyway i have decided to do based on the Q1 results, hope you are also positive on Tata power for tomorrow.
CB, replies: Hi SC, yes Tata power looks good. Madhucon is witnessing buying interest after news of they coming up with Madhucon infra ipo..
zafar iqbal Says:
August 30th, 2009
Posted at: 8:35 pm
sir, i had bought huge quantity of cals refinery @58 but many says there no fundamental some says its very good for long term.
Is really this stock show colors in 5 years of time or just its a gimmick in bull time.
CB, replies: Hi zafar iqbal, yes.. many are expecting a lot from this company. it can see .75 if markets remain positive.. need to wait for some confirmation or news on new upcoming projects coming from the company.
saravan Says:
August 30th, 2009
Posted at: 8:35 pm
CB,
WHAT abt Fortis Healthcare, hearing some expansion for the company. what is the short/med term target on this.
CB, replies: Hi saravan, its a good long term bet..it can see 200+ levels. not sure of any news on it. Adlabs has resistance at 350. above this it can see an upmove upto 390 levels. not sure of the news on it
runa Says:
August 30th, 2009
Posted at: 8:39 pm
hi cb, monday how far welguj & icicibank go up?
CB, replies: Hi runa, if markets open positive ICICI may open 10-15rs higher.. welspun can see 252-255.. hold other stocks for some more time..they will do well