Intraday calls for 12-12-08

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Intraday calls for 12-12-08

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

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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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rohit Says:
December 12th, 2008
Posted at: 1:39 pm
bought at 1288....
CB Says:
December 12th, 2008
Posted at: 1:41 pm
Hi kinjal and Rohit, hold with a stoploss of 1265
dheeraj Says:
December 12th, 2008
Posted at: 1:44 pm
ok thanks cb
Deepak Says:
December 12th, 2008
Posted at: 1:48 pm
HI CB
What is next target today?
CB Says:
December 12th, 2008
Posted at: 1:50 pm
Hi Deepak, If Nifty manages to hold 2850-2860 we could see 2900
kinjal Says:
December 12th, 2008
Posted at: 2:08 pm
Hi, any frsh calls, booked some profit in hdil..thanks..
Pankaj Says:
December 12th, 2008
Posted at: 2:10 pm
you rock man :) Should i hold rel ind? got at 1284?
CB Says:
December 12th, 2008
Posted at: 2:12 pm
Hi kinjal, Nice to hear that.. As of now no calls.. many stocks have already moved up.. Keep holding Rel ind with a trailing stoploss..
Hi Pankaj, thanks.. yes, hold rel ind with a trailing stoploss..
kinjal Says:
December 12th, 2008
Posted at: 2:14 pm
is hdil still expected to touch 107..?
CB Says:
December 12th, 2008
Posted at: 2:15 pm
Hi kinjal, yes, market momentum could take it there..
kinjal Says:
December 12th, 2008
Posted at: 2:18 pm
Hi CB..thanks..what next..ril has achieved its target..wheredo u see the market moving now?
RAJESH Says:
December 12th, 2008
Posted at: 2:19 pm
i sell ril @1309/- thanks a lot
CB Says:
December 12th, 2008
Posted at: 2:20 pm
Hi kinjal, As of now no new calls.. I feel we will see 3050-3100 in short term..
CB Says:
December 12th, 2008
Posted at: 2:20 pm
Hi RAJESH, Nice to hear that.. :)
CB Says:
December 12th, 2008
Posted at: 2:21 pm
I WILL BE BACK IN 1 HOUR...
Deepak Says:
December 12th, 2008
Posted at: 2:23 pm
HI CB
Maket going -ve after 2.30.p.m..................??????????