Correction expected. We may see a 200+ point fall today..
Short sell stocks like Relinace inds, BEML, DLF, etc..
Incase markets open positive, buy:
Buy Hindustan Copper at 138.90, target: 143. Stoploss: 136 - Hind Copper plans to set up JV with a foreign partner to develop the Banwas copper mine.
Peninsula land at 434, target: 444. Stoploss: 430
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9 comments:
Hello CB
Thanks for your reply and advice. I had shortlisted a few more stocks and would like to take your view on them.
RPL
RNRL
Idea Cellular
TTML
Binani Cement
RCom - u already said yes to this.
UCO Bank
Moserbaer
Ranbaxy
Cipla
BILT
FORTIS
Indraprastha Gas
May be you can also let me know a good price for a buy of any o fthe stocks that you approve of.
Today I see the market is down, may be a good time to buy some, or do u see it to fall further.
Thanks
Sandeep
hi cb , i am new to this forum and i am also a new trader , i have been following ur tips for some time and have made good profit , now i want some recomendation from u.
i have mahindra gesco @ 547
tata tea @ 730
reliance capita @1137
polaris @ 121.70
reiagro @ 254
now i can hold these stocks for 2-3 months . can u give me the clear exit points for the above mentioned stocks
Hi Sandeep,
I would go with RPL, Idea, Rcom and UCO.. wait for some more time, let markets settle down... then you may buy these.. Can't say how much more downside is left, all depends on global queues as of now...
Hi Sounita,
I am sure, once markets settle down, you will get ur price back in some time.. say 3 months.. Mahindra, tata tea, rcap all these are good stocks.. polaris can touch 140 again.. so all these as of now are a hold..
Hi Cb.. short rel inds and dlf.. thanks a lot!
sahaphi CB could u suggest me the exit price for BELLAY STEEL what are it future prospects too
BELLARY STEEL
mkt are expect to the more 800 points are down
tough time ahead guys/gals
as per the last information received dow down by 300 pts , which will lead to may be another 500-600 pts correction
Hi.. pratew3y, I can't comment on Bellary steel and Alloys.. I guess this stock is hitting upper circuits when it was just 1-2rs.. now it is 6rs.. If you are in profit I would advice you to exit, coz such stocks tend to start hitting lower circuits also..
Hi Sounita and Lover.. At last US close flat.. thats good news..
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