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Intraday calls for 12-12-08

Posted on: December 12th, 2008 at 9:27 am

Nifty will see a gap down opening.
Nifty has very strong support at 2850-2860.. If we break this level on the downside then the current rally most probably would be over. All holding long positions and short term delivery stocks please keep an eye on this level and stoploss at 2850.

If Nifty holds 2850 today, buy: Balaji Telefilms and HDIL. If does not hold then short sell: Axis bank and SAIL.

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164 Responses

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Comment pages: 34567891011Show all

  1. Deepak Says:
    December 12th, 2008
    Posted at: 2:23 pm

    HI CB

    Maket going -ve after 2.30.p.m..................??????????


  2. CB Says:
    December 12th, 2008
    Posted at: 2:24 pm

    Hi Deepak, Not sure.. But i don't think so it will come down by much..


  3. ranjith Says:
    December 12th, 2008
    Posted at: 2:50 pm

    hi CB,
    I sold dlf fut. at 252 two lots shall i hoid it or not


  4. Nikhil Says:
    December 12th, 2008
    Posted at: 2:51 pm

    hi cb jus could not cm online
    Anyways any call for last hour


  5. kinjal Says:
    December 12th, 2008
    Posted at: 3:23 pm

    Thanks a lot CB..


  6. CB Says:
    December 12th, 2008
    Posted at: 3:40 pm

    Hi ranjith, I was not online late in the afternoon.. hold both of them..

    Hi Nikhil, Sorry, was not online after 2.30..

    Hi kinjal, You are most welcome..


  7. srv Says:
    December 12th, 2008
    Posted at: 5:17 pm

    what will be the upside target for hdil on monday?


  8. Jharana Panda Says:
    December 12th, 2008
    Posted at: 6:14 pm

    Advice some multibagger stocks for short term.


  9. CB Says:
    December 13th, 2008
    Posted at: 1:04 am

    Hi srv, If markets remain positive it could give a 5% move..

    Hi Jharana Panda, stocks like HDIL, Bharti Airtel and Relcap can give good returns in short term..


  10. Ashish Says:
    December 13th, 2008
    Posted at: 9:33 am

    Hi Cb I Sell Ril 1 lot 1242 And Sell Nifty 2856 what can do


  11. arun.m Says:
    December 13th, 2008
    Posted at: 12:05 pm

    hello sir, tell me about SUZLON , now its price rs.52.20(indra day-monday)


  12. priyank Says:
    December 13th, 2008
    Posted at: 1:06 pm

    hello,priyank here
    i have buy kalpataru power at 325. now it 265 may i hold or what?
    may i add lanco infra & punj lloyd at this leval or wait for downside?


  13. CB Says:
    December 13th, 2008
    Posted at: 1:08 pm

    Hi Ashish, Rel ind has some resistance at 1320.. above this it could see more upside.. I would advice to exit on any dip.. Same with Nifty exit on dip..

    Hi arun.m, Suzlon had resistance at 50.. it could move upto 56-57 now..


  14. CB Says:
    December 13th, 2008
    Posted at: 1:16 pm

    Hi priyank, Hold Kalpataru power for some more time.. it is a strong company fundamentally.. Lanco can do well in short term as it is a market mover, Punj lloyd is facing some resistance at 155-157 levels.. Voltamp Transformers is trading at cheaper valuations and can be bought for short term..


  15. ALOK Says:
    December 29th, 2008
    Posted at: 1:15 am

    pls add me to ur messenger list . My yahoo id is ---- aalok50. Thanks.


  16. CB Says:
    December 29th, 2008
    Posted at: 9:41 am

    Hi ALOK, Sure, I have added you..

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