Quotes with Resistance & Support
Market Information

Intraday calls for 08-12-10

Posted on: December 8th, 2010 at 8:27 am

Markets likely to open lower, support for Nifty is at 5950

Sell BF Utilities at 770, Target: 750-755, SL 782 – (Book profit at 751)

11.26am – buy 5900 put at 85, target: 100. Stoploss: 5955 (spot) – (Book profits at 100-102)

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471 Responses

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  1. dak Says:
    December 8th, 2010
    Posted at: 8:33 am

    CB, are markets likely to fall below 5950 today ?


  2. Kartik Says:
    December 8th, 2010
    Posted at: 8:34 am

    Hi Kb, Good morning

    Hi dak, yes, if Global ques continue to trade weak, we can see some more selling pressure


  3. dak Says:
    December 8th, 2010
    Posted at: 8:35 am

    Good morning kartik. thanks. What do we do with longs in that case? Holding reliance call & unitec call


  4. Sandeep Says:
    December 8th, 2010
    Posted at: 8:36 am

    HI CB,
    Morning, What is your call on Avon Corp for intraday today will it fall further or can i enter it @ CMP for 4-5% upsiide today (Its fallen 10-15% in the last few days)

    Also your call on Parabolic Drugs and KNR Constructions

    Regards
    Sandeep


  5. Mahy Says:
    December 8th, 2010
    Posted at: 8:37 am

    Good Morning Gentlemen,

    Any Suggestions Stocks for Intraday?


  6. karthik Says:
    December 8th, 2010
    Posted at: 8:38 am

    hi cb! GM. yesterday i bot unitec 60 put @ 1.3.

    wat s the target?


  7. Kartik Says:
    December 8th, 2010
    Posted at: 8:40 am

    Hi Kb, he's been out, shall be back soon

    Hi karthik, it can add 10-15% today

    Hi Mahy, you may go short on BF Utilities

    Hi Sandeep, dont enter them for Swing trades yet since Markets are seeing some selling pressure, wait for some time

    Hi dak, hold them with a SL at 5950 on Nifty


  8. kapil Says:
    December 8th, 2010
    Posted at: 8:41 am

    Hello Cb
    I still hold future shorted for LIC HF , any target where i shall book my profits today?

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