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Intraday calls for 10-12-08

Posted on: December 10th, 2008 at 9:35 am

Markets likely to open flat. Nifty has some support at 2730-2750.
Buy: Escorts and Reliance Infrastructure.

Short sell: BPCL (Oil ministry hints at another fuel price cut)

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174 Responses

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Comment pages: 34567891011Show all

  1. krishna_hyd Says:
    December 10th, 2008
    Posted at: 1:39 pm

    I am new to trading. Shall I shortsell DLF today about 100 shares. do I need to square off my position by this evening ? or I can buy the shares tomorrow / day after when it reaches 210 level ?


  2. CB Says:
    December 10th, 2008
    Posted at: 1:40 pm

    Hi prince, Suzlon above 50 could be bought..

    Hi Yona, thanks..


  3. CB Says:
    December 10th, 2008
    Posted at: 1:41 pm

    Hi krishna_hyd, First, don't go short at these levels.. Nifty seems in an temporary uptrend.. Yes, if you short sell you will have to cover the same day..


  4. RAJESH Says:
    December 10th, 2008
    Posted at: 1:42 pm

    SHALL I SHORT BPCL AT 334?


  5. CB Says:
    December 10th, 2008
    Posted at: 1:43 pm

    Hi RAJESH, only if markets see profit booking..


  6. ranga Says:
    December 10th, 2008
    Posted at: 1:48 pm

    YEs guru, I'm back from office. but no trading. What about the ICICI, I have it at 370. now it is 390. in short term what will be the target, if it is better to sell today then what will be the target ? Thanks


  7. CB Says:
    December 10th, 2008
    Posted at: 1:49 pm

    Hi ranga, hold icici for short term. .


  8. CB Says:
    December 10th, 2008
    Posted at: 1:50 pm

    I WILL BE BACK IN 1 HOUR..


  9. rohit Says:
    December 10th, 2008
    Posted at: 1:55 pm

    any targets for jp asso. m standing on breakevn....


  10. narender Says:
    December 10th, 2008
    Posted at: 2:02 pm

    reliance is going down...........


  11. prasad Says:
    December 10th, 2008
    Posted at: 2:03 pm

    market' what trend .
    nifty going down or up?


  12. Ganesh Says:
    December 10th, 2008
    Posted at: 2:08 pm

    Hi CB/Ranga, I had Transformers & Rectifiers for a high price @ 612 can I average it now ?


  13. TP Says:
    December 10th, 2008
    Posted at: 2:51 pm

    short DLF at CMP trgt-240 sl 252


  14. CB Says:
    December 10th, 2008
    Posted at: 2:56 pm

    Hi rohit, jP assc can touch 80..

    Hi prasad, as of now trend is up..

    Hi Ganesh, wait for a dip.. don't avg now.


  15. narender Says:
    December 10th, 2008
    Posted at: 2:57 pm

    thx cb ril hit the trgt next trgt .........


  16. CB Says:
    December 10th, 2008
    Posted at: 3:00 pm

    Hi narender, most welcome.. Will have to see US markets and asian markets tomo.. only then will be able to see about the next target..

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