Intraday calls for 08-12-08

Quotes with Resistance & Support

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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Comment pages: 1 2 345 6 7 Show all

srini Says:
December 8th, 2008
Posted at: 11:23 am
hi CB i have shorted UTI bank at 450...pls let me know your view on this...
CB Says:
December 8th, 2008
Posted at: 11:24 am
Hi rohit, dont buy anything till markets dont cross 2830.. below it, it looks weak,.
CB Says:
December 8th, 2008
Posted at: 11:27 am
Hi srini, if Nifty stays below 2800 for some more time it could come down to 2750 today. UTI can touch 435
srini Says:
December 8th, 2008
Posted at: 11:29 am
thanks for the reply,CB..
CB Says:
December 8th, 2008
Posted at: 11:33 am
I will be back after 1 hour..
Anish Says:
December 8th, 2008
Posted at: 12:17 pm
Hi CB, should I book profits on HDFC (475 shares @ 1510) today? Thanks
dheeraj Says:
December 8th, 2008
Posted at: 12:21 pm
hi cb r u there
dheeraj Says:
December 8th, 2008
Posted at: 12:23 pm
what about foreign mkt + or -
CB Says:
December 8th, 2008
Posted at: 12:24 pm
Hi Anish, if nifty goes for a close above 2830.. hold it.. else book profits
Hi dheeraj, yes, Erupoe will open later.. Asia is up .
What do you expect up to 15th Says:
December 8th, 2008
Posted at: 12:38 pm
what do you expect up to 15th of this month and what after 15th
CB Says:
December 8th, 2008
Posted at: 12:41 pm
Hi What do you expect up to 15th, above 2830 max upside 3000.. on the downside 2580.
rohit Says:
December 8th, 2008
Posted at: 12:41 pm
any intraday calz??
CB Says:
December 8th, 2008
Posted at: 12:51 pm
Hi rohit, as of now none..
serenity Says:
December 8th, 2008
Posted at: 12:52 pm
Hi CB, do Thomas Cook & GVK Taj look buyable to you?
CB Says:
December 8th, 2008
Posted at: 12:58 pm
Hi serenity, no.. buy them on dips..not cmp..
rohit Says:
December 8th, 2008
Posted at: 1:01 pm
i hv jp asso. @ 72.5... wot 2 do wid it??