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Intraday calls for 02-12-08

Posted on: December 2nd, 2008 at 9:23 am

Markets likely to see a huge gap down opening.
Short sell: DLF and ICICI bank (below 315).

If markets see recovery later during the day, buy: Punj Lloyd.

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68 Responses

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  1. CB Says:
    December 2nd, 2008
    Posted at: 12:32 pm

    Hi hemant, GVK power, Karuturi global and Suzlon look good..


  2. CB Says:
    December 2nd, 2008
    Posted at: 12:33 pm

    Hi hemant, No, wait for some more time.. buy it on dips..

    Hi TP, Nifty is showing some support at 2580-2600 levels.. below this we could see some more downside..


  3. hemant Says:
    December 2nd, 2008
    Posted at: 12:34 pm

    thanks


  4. CB Says:
    December 2nd, 2008
    Posted at: 12:37 pm

    Hi dd, Nifty is showing support at 2580-2600.. if it breaks this level it will fall further and DLF will follow..


  5. dheeraj Says:
    December 2nd, 2008
    Posted at: 12:39 pm

    hi cb any calls


  6. CB Says:
    December 2nd, 2008
    Posted at: 12:43 pm

    Hi dheeraj, As of now none.. markets are range bound between 2580 and 2630. it needs to break either one of these


  7. sri Says:
    December 2nd, 2008
    Posted at: 12:59 pm

    Hi CB, Shall i buy Suzlon in CMP price or it will go more down


  8. CB Says:
    December 2nd, 2008
    Posted at: 1:04 pm

    Hi sri, I would wait for some more time.. It can fall further..


  9. dheeraj Says:
    December 2nd, 2008
    Posted at: 1:05 pm

    hi cb any call


  10. prince Says:
    December 2nd, 2008
    Posted at: 1:06 pm

    sir what abt icicibank
    and dlf ..for once i have booked profit in dlf..but now i m thinking abt buying icici and shorting dlf...for intraday...what say


  11. dheeraj Says:
    December 2nd, 2008
    Posted at: 1:06 pm

    interaday calls


  12. CB Says:
    December 2nd, 2008
    Posted at: 1:10 pm

    Hi prince, I would say lets wait for some time.. if Nifty breaks 2580 we could see more downside and DLF is a possible short.. ICICI has strong support at 314-315 levels.. As of now Dow futures are flat and need to see how European markets open..

    Hi dheeraj, As of now no..


  13. dd Says:
    December 2nd, 2008
    Posted at: 1:16 pm

    what do u expect afternoon? As of now which shares look for afternoon trading?


  14. prince Says:
    December 2nd, 2008
    Posted at: 1:28 pm

    intraday resistance for dlf
    shorted at 173


  15. aryan Says:
    December 2nd, 2008
    Posted at: 1:30 pm

    hi CB.,

    whats u r call on MMTC, NMDC , Bharati Shipyard & state trading corporation ., is it right time to buy these shares. plz guide me.


  16. CB Says:
    December 2nd, 2008
    Posted at: 1:34 pm

    Hi dd, need to see how European markets open.. On the upside if markets show recovery Reliance infra and Axis bank look good.. And on the downside DLF and BHEL.

    Hi prince, it has resistance at 175.

    Hi aryan, no, don't buy them now.. Nifty could test its previous lows..

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