Quotes with Resistance & Support
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Intraday calls for 08-12-08

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

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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  1. CB Says:
    December 8th, 2008
    Posted at: 10:47 am

    Hi Divyesh, if Nifty manages to stay above 2830 today, hold it.. else its a sell..


  2. vijay kumar Says:
    December 8th, 2008
    Posted at: 10:47 am

    hi CB,

    today any intraday tips


  3. dheeraj Says:
    December 8th, 2008
    Posted at: 10:47 am

    hi cb any calls for intraday


  4. CB Says:
    December 8th, 2008
    Posted at: 10:56 am

    Hi vijay kumar & Dheeraj, One can short sell Relaince ind at cmp 1143. stploss: 1151


  5. dheeraj Says:
    December 8th, 2008
    Posted at: 11:00 am

    hi cb 2morrow is eid,bse will close or not


  6. CB Says:
    December 8th, 2008
    Posted at: 11:01 am

    Hi dheeraj, yes, markets are closed tomorrow.


  7. Raj Says:
    December 8th, 2008
    Posted at: 11:07 am

    Hi CB, market is going down an resone... brought Gammon india @ 69.. CMP 56.75 , shall i hold or book losses....
    Pls advice


  8. dheeraj Says:
    December 8th, 2008
    Posted at: 11:08 am

    thankx


  9. dheeraj Says:
    December 8th, 2008
    Posted at: 11:10 am

    any calls cb


  10. CB Says:
    December 8th, 2008
    Posted at: 11:10 am

    Hi Raj, if a short term trade then sell on rise.. Keep an eye on nifty levels. if it manages to trade above 2830, short term rally is expected.. else we might go down to 2600 again..


  11. CB Says:
    December 8th, 2008
    Posted at: 11:11 am

    Hi dheeraj, rel ind is the only call as of now..


  12. Amit Says:
    December 8th, 2008
    Posted at: 11:13 am

    Gudmorng Cb, What resistance levels do you see today for nifty?


  13. Amit Says:
    December 8th, 2008
    Posted at: 11:14 am

    both support and resistnce levels.......


  14. ranga Says:
    December 8th, 2008
    Posted at: 11:15 am

    I sold relind Short sell, at 1142.55, thanks


  15. CB Says:
    December 8th, 2008
    Posted at: 11:16 am

    Hi Amit, Resistance level is 2830. support is down at 2680.


  16. rohit Says:
    December 8th, 2008
    Posted at: 11:22 am

    can i buy ashok leyland at these levels....

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