Quotes with Resistance & Support
Market Information

Intraday calls for 11-12-08

Posted on: December 11th, 2008 at 9:21 am

Markets likely to open flat.
Nifty has strong support at 2880.

Buy Reliance Industries and Punj Lloyd on dips.

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171 Responses

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  1. Ranga Says:
    December 11th, 2008
    Posted at: 9:55 am

    Also what will be the short term target for my ICICI, I have it.


  2. CB Says:
    December 11th, 2008
    Posted at: 9:58 am

    Hi Vinesh, hold it.. it has some resistance at 42 levels.. it can touch 40 in short term..

    Hi Ranga, Above 410 icici can touch 450


  3. Ranga Says:
    December 11th, 2008
    Posted at: 10:01 am

    I missed to take Punj at 158 also, shall I take now aslo


  4. Ranga Says:
    December 11th, 2008
    Posted at: 10:02 am

    can I take punj @ 159, 160 ??


  5. navin Says:
    December 11th, 2008
    Posted at: 10:04 am

    hi
    im planning to short hdfc!


  6. Ranga Says:
    December 11th, 2008
    Posted at: 10:06 am

    took relind, for toay, can not take PUNJ. Budget over.


  7. Ranga Says:
    December 11th, 2008
    Posted at: 10:07 am

    what target shall I put for relind ?


  8. RAJESH Says:
    December 11th, 2008
    Posted at: 10:11 am

    I BUY PUNJ @159 & REL.@1230


  9. Ganesh Says:
    December 11th, 2008
    Posted at: 10:12 am

    Hi CB, can I take RELCOM at 247 for Intraday ?


  10. CB Says:
    December 11th, 2008
    Posted at: 10:12 am

    Hi Ranga, Rel can touch 1250..

    Hi RAJESH, ok.. hold them.


  11. CB Says:
    December 11th, 2008
    Posted at: 10:13 am

    Hi Ganesh, As of now I am not sure about relcom..


  12. Amit Says:
    December 11th, 2008
    Posted at: 10:13 am

    Dear CB, FII have pumped in 2000 crores in two days.....do you see this can continue. With such global scenario, FII will pump in more ?


  13. ranjith Says:
    December 11th, 2008
    Posted at: 10:14 am

    GUD MNG! CB,
    I sell dr. reddy at 465 in f&o shall ihold it or not and 2700pa,2800pa


  14. CB Says:
    December 11th, 2008
    Posted at: 10:16 am

    Hi Amit, Not sure if they will pump more.. But Nifty can see levels of 3050-3100 in short term..

    Hi ranjith, Don't go short at these levels.. Cover your 2700pa,2800pa and take positions in them at higher levels..


  15. Raj Says:
    December 11th, 2008
    Posted at: 10:16 am

    Hi CB, whats you thoughts on Suzlon ?


  16. CB Says:
    December 11th, 2008
    Posted at: 10:18 am

    Hi Raj, it is facing resistance at its 20 day EMA i.e around 50 levels.. above it, it could move upto 55..

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