Intraday calls for 08-12-08

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Market Information

Intraday calls for 08-12-08

Posted on: December 8th, 2008 at 9:27 am

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Markets likely to see a gap up opening.
Nifty will face resistance at 2830 levels above which we could see levels of 2900-2950.

Buy: Aban Offshore for a target of 700. Stoploss: 655.
Buy: Larsen and Tubro for a target of 760. Stoploss: 720.
Keep booking profits at regular intervals.

If we see profit booking at higher levels, short sell: Prime Focus and Reliance Industries.

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104 Responses

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Shreepad Says:
December 8th, 2008
Posted at: 9:34 am
what levels can we expect for RIL
Raj Says:
December 8th, 2008
Posted at: 9:46 am
GM CB,
Whats your call on Gammom india....
CB Says:
December 8th, 2008
Posted at: 9:52 am
Hi Shreepad, reliance ind has resistance at 1180-1200 levels.. It could test these levels today. .
Hi Raj, it can touch 60..
Raj Says:
December 8th, 2008
Posted at: 9:56 am
Pls could you let me know abt Opto circuits and reliance natural reso..
ranga Says:
December 8th, 2008
Posted at: 10:00 am
GOOD morning CB. LT is already 770, what to do? any new calls
Thanks
rohit Says:
December 8th, 2008
Posted at: 10:00 am
any intraday cals??
CB Says:
December 8th, 2008
Posted at: 10:01 am
Hi Raj, OPTO still looks expensive.. it could come down further.. Same with RNRL
ranga Says:
December 8th, 2008
Posted at: 10:02 am
also shall I take ABAN iit is 680 ?