Intraday calls for 12-12-08

Quotes with Resistance & Support

Market Information

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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Ranga Says:
December 12th, 2008
Posted at: 12:06 pm
OK AS YOU SAY. HDIL I AM HOLDING STILL AT 103.2
CB Says:
December 12th, 2008
Posted at: 12:06 pm
Hi kinjal, yes, hold it..
Hi rohit, Only HDIL now.. stoploss 100.
Ranga Says:
December 12th, 2008
Posted at: 12:08 pm
CAN i BUY bALAJI t NOW. i THINK IT INCREASED ALREADY TOO MUCH
prince Says:
December 12th, 2008
Posted at: 12:08 pm
now what buy suzlon or hdil
sunil Says:
December 12th, 2008
Posted at: 12:13 pm
i bought DCB at rs 23 should i have long position on that??
CB Says:
December 12th, 2008
Posted at: 12:13 pm
Hi prince, HDIL looks good.. Keep a strict stoploss of 100
CB Says:
December 12th, 2008
Posted at: 12:13 pm
Hi Ranga, dont enter balaji tele now..
sunil Says:
December 12th, 2008
Posted at: 12:18 pm
i bought dcb at rs 23 should i have long postion on that??
Ranga Says:
December 12th, 2008
Posted at: 12:20 pm
OK, What exactly this IIP shows actually. It is in negative means, are we entering in recession ?? What does this mean. last year was 12 now -0.4 ??????? Thanks
CB Says:
December 12th, 2008
Posted at: 12:23 pm
Hi Ranga, it means industrial growth has decreased. Not recession..
MT Says:
December 12th, 2008
Posted at: 12:25 pm
WHY MKT SUSTAINED? IS NFTY IN UPWARD TREND 3200+
rajnish kumar Says:
December 12th, 2008
Posted at: 12:27 pm
now iip number has come out. so where market will go. in +ve or -Ve . any scrip for intraday
Ranga Says:
December 12th, 2008
Posted at: 12:29 pm
can I buy SBIN now for target os 1900 or 1200 ?
CB Says:
December 12th, 2008
Posted at: 12:30 pm
Hi MT, Nifty seems to be holding 2800.. trend is up, if nifty manages to hold 2800...
Hi rajnish kumar, Markets holding 2800.. No new call.. HDIL can touch 107..
CB Says:
December 12th, 2008
Posted at: 12:31 pm
Hi Ranga, SBI can touch 1190..
AAA Says:
December 12th, 2008
Posted at: 12:32 pm
weak IIP numbers didn't affect the markets too much as these have already been factored in by the markets...