Intraday calls for 20-11-08

Quotes with Resistance & Support

Market Information

Intraday calls for 20-11-08

Posted on: November 20th, 2008 at 9:13 am

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Markets likely to see a gap down opening.
Nifty is likely to touch 2400 in short term.
Short sell: BHEL below 1218 and Voltas below 59.

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11 Responses

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abhishek Says:
November 20th, 2008
Posted at: 10:05 am
i want to purchase sasken communication @ 50.... whts ur opinion on this stock
chirg Says:
November 20th, 2008
Posted at: 10:15 am
any intra call?
CB Says:
November 20th, 2008
Posted at: 10:16 am
Hi Abhishek, dont buy any stocks for short term yet.. wait for some time.. we will see lower levels on Nifty..
abhishek Says:
November 20th, 2008
Posted at: 10:20 am
thnx for ur valuable opinion....
srini Says:
November 20th, 2008
Posted at: 10:37 am
Hi CB,any calls at present situation??
CB Says:
November 20th, 2008
Posted at: 11:00 am
Hi abhishek, most welcome

Hi srini, no calls as of now...
amit Says:
November 20th, 2008
Posted at: 11:26 am
can i sell NIFTY bel 2500?
what is next support???
pls reply
amit Says:
November 20th, 2008
Posted at: 11:29 am
hi cb
any intraday tips for today???
pls reply
CB Says:
November 20th, 2008
Posted at: 11:56 am
Hi Amit, no calls as of now.. Don't go short now. will let you know in some time..
amit Says:
November 20th, 2008
Posted at: 10:31 pm
cb, i am sure that market has has bottomed out already. We can see lower levels from current position but most probably will not break that lowest (2200) level on nifty. So this means that a possible upside is possible in very short term for atleast a weak and will be strong than what we have seen earlier.
CB Says:
November 21st, 2008
Posted at: 2:18 am
Hi amit, yes, maybe bottom has formed but considering the way global markets are falling and almost all major economies are in recession. i feel we could see nifty even below 2000.. but then all depends on global queues and the way Indian economists take decisions about the well being of our economy..