Intraday calls for 15-09-08

Quotes with Resistance & Support

Market Information

Intraday calls for 15-09-08

Posted on: September 15th, 2008 at 9:14 am

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Markets likely to open weak on news from US markets (Bank of America Agrees to Buy Merrill Lynch for $44 Billion and Lehman may face failure. Dow jones futures is trading down 400 points. Indian markets will see downside today as well as tomorrow).

Short sell: Cairn India for a target of 204 and Chambal Fertilisers and Chemicals for a target of 62.50.

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7 Responses

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pradeep Says:
September 15th, 2008
Posted at: 1:07 pm
can i get major support of nifty and sensex
CB Says:
September 15th, 2008
Posted at: 1:29 pm
Hi pradeep, major support for nifty is at 3920..
Rajkumar Says:
September 15th, 2008
Posted at: 5:27 pm
Nice calls CB.. such accuracy in dull markets is very good stuff.. Thanks a lot!
ashish Says:
September 16th, 2008
Posted at: 12:36 am
hello sir
what should be the approach for market now?
i have 150 shares of allbank @ 62
300 shares of max(I) @ 214.5
200 shares of gammon india @ 216
100 shares of lloydeng @ 80
plz tell what should i approach.
i can wait for 2-3 months.
ashish Says:
September 16th, 2008
Posted at: 12:39 am
and 200 Shares of RPl @ 163
CB Says:
September 16th, 2008
Posted at: 1:31 am
Hi Rajkumar, you are most welcome
Hi ashish, I would advice to hold for medium term.. these stocks are good and will give good returns.
Naresh Says:
November 15th, 2008
Posted at: 2:42 pm
In my view one should exit market with nifty in range of 3050 - 3100 as its gonna test low below 2200 and advisable to renter the markets when nifty is b/w 2000-2200, if u wna make money and cut loss margins sharply...