Intraday calls for 12-01-09

Quotes with Resistance & Support

Market Information

Intraday calls for 12-01-09

Posted on: January 12th, 2009 at 9:10 am

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Markets likely to open flat.
Short sell JSW Steel for a target of 215. Stoploss: 230.

If markets show recovery later during the day, buy NTPC and Oracle Financial Services.

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62 Responses

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Comment pages: 123 4 Show all

CB Says:
January 12th, 2009
Posted at: 10:23 am
Hi mohit, short if Nifty breaks 2800. .
Hi RAJESH SHENOI, Support at 2800... below this we could touch 2750 today..
Hi serenity, dont buy yet.. if we break 2750 today or tomorrow we are headed towards 2500
srv Says:
January 12th, 2009
Posted at: 10:26 am
hindalco - what is down side price for this script
CB Says:
January 12th, 2009
Posted at: 10:30 am
Hi srv, it can touch 48
Raj Says:
January 12th, 2009
Posted at: 10:31 am
CB, Your views on Karuturi Please ?
CB Says:
January 12th, 2009
Posted at: 10:33 am
Hi Raj, It has moved up a lot.. let it come down to 14-15 levels.. buy it then.. Its a very good company fundamentally..
Shalu Says:
January 12th, 2009
Posted at: 10:35 am
GM CB, what is ur view on Cairn? What is the downside for this stock and at what levels can i buy for short term? Thanks
CB Says:
January 12th, 2009
Posted at: 10:40 am
Hi Shalu, it could come down to 150. buy it around that level..
Raj Says:
January 12th, 2009
Posted at: 10:41 am
what about Praj.. its showing some Up move today... should i hold it or book it
Rajesh Says:
January 12th, 2009
Posted at: 10:41 am
DS Kulkarni Developers Ltd has informed that the Board of Approvals of Ministry of Commerce & Industry, Department of Commerce (SEZ Section), has granted a formal approval to the Multi Service SEZ of the company at Fursungi, Pune. Shares of the property developer were up 1.5 per cent at Rs 20.50 on the BSE.
CB Says:
January 12th, 2009
Posted at: 10:43 am
Hi Raj, hold it for some more time.. if we hold 2750 we could see a small pull back rally..
parag Says:
January 12th, 2009
Posted at: 10:47 am
whats ur opnion about DLF?
serenity Says:
January 12th, 2009
Posted at: 10:47 am
Hi about, wot about buying unitech @34?
CB Says:
January 12th, 2009
Posted at: 10:52 am
Hi parag, it can touch 209 if markets remain weak..
Hi serenity, no, not yet.. let us see if Nifty holds 2750..
CB Says:
January 12th, 2009
Posted at: 10:53 am
I WILL BE BACK IN 1 HOUR..
RK Says:
January 12th, 2009
Posted at: 11:30 am
hi i Sold JSW at 222 , shall i wait to cover at 215
mohit Says:
January 12th, 2009
Posted at: 11:34 am
I short at 222 JSW...should i book losses or wait ...