Intraday calls for 10-12-08

Quotes with Resistance & Support

Market Information

Intraday calls for 10-12-08

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

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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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Ranga Says:
December 10th, 2008
Posted at: 10:52 am
crossed
CB Says:
December 10th, 2008
Posted at: 10:53 am
Hi Ranga, hurdle is at 2860-2865 (Monday's intraday high)
Ranga Says:
December 10th, 2008
Posted at: 10:53 am
RELINFra total seel is too high than total buy quantity, can it reach the targets ?
Chenna Says:
December 10th, 2008
Posted at: 10:55 am
CB - SAIL is 9% up. Shall we short this?
TP Says:
December 10th, 2008
Posted at: 10:57 am
Hy CB wht abt Bombay Dyeing
Ranga Says:
December 10th, 2008
Posted at: 10:59 am
some net problem for me
prasad Says:
December 10th, 2008
Posted at: 11:01 am
what level of nifty............... i m in short 2860
CB Says:
December 10th, 2008
Posted at: 11:04 am
Hi Ranga, yes.. it should..
Hi Chenna, no.. Don't go short at these levels.. Nifty is testing 2860.. above this good upmove good be seen..
Hi TP, Bombay dyeing has resistance at 168.. above this will do good..

Hi Ranga, ok..
CB Says:
December 10th, 2008
Posted at: 11:05 am
Hi prasad, 2860 is currently big resistance for Nifty.. If it crosses it we could see 2900 and 3000
Divyesh Says:
December 10th, 2008
Posted at: 11:07 am
Hi CB bhushan steel is today 52week low 320 can we buy this stock for intraday or short term profit
vipin Says:
December 10th, 2008
Posted at: 11:07 am
thanks CB
srini Says:
December 10th, 2008
Posted at: 11:09 am
hi CB,i have shorted RIL at 1160..pls let me know ur view on this??
CB Says:
December 10th, 2008
Posted at: 11:11 am
Hi vipin, most welcome..
Hi srini, If Nifty is not able to cross 2860 we will see some downside. hold it with a stoploss of 2860 on nifty..
srini Says:
December 10th, 2008
Posted at: 11:12 am
thanks for the suggetion,CB!
Divyesh Says:
December 10th, 2008
Posted at: 11:16 am
Hi Cb i have not got your input for bhushan steel
Ranga Says:
December 10th, 2008
Posted at: 11:17 am
ok I will put the sell order at 575 for RELINFRA. Thanks