Quotes with Resistance & Support
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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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K K Says:
December 12th, 2008
Posted at: 12:34 pm
Shorted Dec. futures for Unitech and DLF @ 22 and 170. Shall I wait till Dec end or square off them now at these levels.
CB Says:
December 12th, 2008
Posted at: 12:37 pm
Hi K K, Should have kept a stoploss.. i would advice to ssqure off and short again at higher levels..
Ranga Says:
December 12th, 2008
Posted at: 12:38 pm
ok took at 1172, SBIN
Ranga Says:
December 12th, 2008
Posted at: 12:41 pm
If SBIN do not reach the targets today, shall I leave it for few days ?
CB Says:
December 12th, 2008
Posted at: 12:41 pm
Hi sunil, Hold DCB for short term.. it can touch 26-28
CB Says:
December 12th, 2008
Posted at: 12:42 pm
Hi Ranga, it should.. else hold it..
sunil Says:
December 12th, 2008
Posted at: 12:43 pm
hi CB.. can i buy dcb ?? how much can i expect??
dd Says:
December 12th, 2008
Posted at: 12:45 pm
any call CB?
RAJESH Says:
December 12th, 2008
Posted at: 12:45 pm
SHALL I BUY RELIANCE @1250/-
CB Says:
December 12th, 2008
Posted at: 12:46 pm
Hi sunil, It can touch 26-27.. keep a stoploss of 2800 on Nifty.
CB Says:
December 12th, 2008
Posted at: 12:47 pm
Hi dd and Rajesh, wait for a dip and buy Rel ind.
kinjal Says:
December 12th, 2008
Posted at: 12:48 pm
Hi CB, cn you advise the price to buy RIL at?
CB Says:
December 12th, 2008
Posted at: 12:49 pm
Hi kinjal, Buy it at cmp.. DD and Rajesh, you may buy it at cmp1280..
srini Says:
December 12th, 2008
Posted at: 12:53 pm
hi CB whz the target for RIL??
prasad Says:
December 12th, 2008
Posted at: 12:54 pm
Hi CB
What is nifty up ward target?
CB Says:
December 12th, 2008
Posted at: 12:55 pm
Hi srini, 1320..
Hi prasad, I have a target of 3050..