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INDIAN STOCK MARKET: Intraday calls for 03-08-07

Thursday, August 2, 2007

Intraday calls for 03-08-07

Buy HTMT Global Solutions at 365.80, target: 377. Stoploss: 361
Buy Man Industries (India) at 260, target: 268. Stoploss: 256
Buy Voltamp Transformers at 910, target: 925. Stoploss: 903
Buy Batliboi at 151.80, target: 155. Stoploss: 148

Medium risk: Buy Triton Corp at 16.45, target: 18. Stoploss: 15.70 - Triton Corp’s income up 159%, Net profit up at Rs 40mn

Simplex expected to list above 260...

Please trade only if markets open positive.

7 comments:

Abhishek Gupta said...

Hi CB,

I have 300 shares of Aftek @ 92. I have left hope. Tell me if i can average this share to remove loss or shall i quit? If average then please tell me what level i can buy?

I have HTMT Global and Hinduja TMT at 600 rs. i got these shares from bonus. Now situtaion is very bad. Please tell me what to do?

I have 100 Ashok Leyland shares @ 50. Shall i average or quit? WHat should be best price for average out.

Suman said...

Hi CB,
Trust me you have made my day. I just had hope bcoz u said VAMP may touch 950 if market is +ve. Finally i sold 1500 shares at a profit of 3RS/share. I dont have words to admire your talent. Keep up the gr8 job and may god bless u. U are too good to be true. Like people have faith in god, i have started developing that faith on you. God bless you.

Stocksvalley said...

Thanks Suman.. I am happy for u..

God bless you too!

Stocksvalley said...

Hi Abhishek. Aftek being an IT company will take time to reach 90, hold it.. Don't avg it.

HTMT is a good stock, it has posted very good results. It is expected to perform well.

Ashok has a short term target of 40 and a medium term it can touch 50-55. You may avg this stock on dips.

Unknown said...

I hav bought Idea 500@133 pls tell me when it will go up. Inspite of its good quaterly result why it is not performing well even though it has got permission in Mumbai. Pls tell me what is the future of this stock as I m a short term investor.

Unknown said...
This comment has been removed by the author.
Stocksvalley said...

Hi Chanderkant.. no need to worry.. u have a very good stock in ur portfolio.. It should not go below 118, if does then average it.. It has a short term target of 135 and a medium term target of 150..

Many brokerage houses have given a buy rating on this stock with a target of 160-170...