Intraday calls for 11-10-08

Quotes with Resistance & Support

Market Information

Intraday calls for 11-10-08

Posted on: November 11th, 2008 at 9:30 am

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Markets likely to open flat.
If we see signs of profit booking, short sell: Future Capital Holdings and Punj Lloyd.

Incase markets recover later during the day, buy: Dhanus Technologies

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25 Responses

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Comment pages: 12 Show all

samiullah khan Says:
November 11th, 2008
Posted at: 9:54 am
todays market status
Vaibhav Wavade Says:
November 11th, 2008
Posted at: 9:55 am
Hi CB...please add me in your yahoo list.
[email protected]
Thanks!
Rana Says:
November 11th, 2008
Posted at: 10:19 am
hi CB....... just booked profits in Punj. thanks for the call. have also short future capital at 202.. waiting for it to come down.....
Assish Says:
November 11th, 2008
Posted at: 10:40 am
nice calls. Thanks
Vipin Says:
November 11th, 2008
Posted at: 10:55 am
Hi CB,
What are your views on nifty level today...
yesterday it broke the resist. of 3120 and went up smartly but today it is again down (is it profit booking at higher levels or fresh shorts???)
CB Says:
November 11th, 2008
Posted at: 11:29 am
Hi samiullah, markets look weak.. nifty support at 3000

Hi Vaibhav, added. .

Hi Rana & Assish, thanks.

Hi Vipin, Next strong support is at 3000. It's more of profit booking.. We would see shorts once nifty breaks an imp support levels of 3000
Vipin Says:
November 11th, 2008
Posted at: 11:42 am
Dear CB, Thanks for your reply..
do u see an inverse head and shoulder pattern formation in the nifty daily charts.. i know a little about this pattern and i think it usually changes trend which is down at this moment...
plz confirm if possible...
CB Says:
November 11th, 2008
Posted at: 11:45 am
Hi Vipin, Yes, it is possible.. I feel some bounce from 3000 levels is possible..
Vipin Says:
November 11th, 2008
Posted at: 12:22 pm
thanks CB for ur reply,
the level is holding so far... lets see what happens in last hour...
CB Says:
November 11th, 2008
Posted at: 12:29 pm
Hi.. yes, last 1 hr is always imp..