Quotes with Resistance & Support
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Intraday calls for 16-12-08

Posted on: December 16th, 2008 at 9:28 am

Markets likely to open flat.
On intraday dips, buy: Orbit Corporation and Reliance capital.

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309 Responses

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  1. vipin Says:
    December 16th, 2008
    Posted at: 1:23 pm

    thanks cb


  2. srv Says:
    December 16th, 2008
    Posted at: 1:23 pm

    dear mr.cb
    goodafternoon
    about brfl today


  3. dheeraj Says:
    December 16th, 2008
    Posted at: 1:23 pm

    mkt will be end + or -


  4. CB Says:
    December 16th, 2008
    Posted at: 1:25 pm

    Hi srv, BRFL can touch 145-150 in 2-3 days..

    Hi dheeraj, cannot say that as of now.


  5. kinjal Says:
    December 16th, 2008
    Posted at: 1:26 pm

    ok..thanks..ny chances that today it will cross my buying price (62.5)


  6. dheeraj Says:
    December 16th, 2008
    Posted at: 1:27 pm

    what about foreign mkt is + or -


  7. srv Says:
    December 16th, 2008
    Posted at: 1:28 pm

    dear cb
    hcl tech looks verrrrrrrrrry good. am i correct
    also can you tell me for intraday target for hcltech


  8. CB Says:
    December 16th, 2008
    Posted at: 1:29 pm

    Hi kinjal, not sure.. Nifty is trying to cross 3000-3020 but if it fails markets might come down further..

    Hi dheeraj, not yet opened.. for details check here: http://finance.yahoo.com/intlindices?e=europe


  9. CB Says:
    December 16th, 2008
    Posted at: 1:31 pm

    Hi srv, it has strong resistance at 127-128. Don't buy today.. it has run up a lot..


  10. Ranga Says:
    December 16th, 2008
    Posted at: 1:34 pm

    pUTTING A SELL ORDER FOR ORBIT AT 64.5, IF IT GOES TODAY ITS GOOD. OTHERWISE WILL SELL AT 69, NOT LESS THAN THAN. IS THAT OKAY GURU?


  11. snt Says:
    December 16th, 2008
    Posted at: 1:38 pm

    what is ur call on Reliance Inf for today/tomorrow and Bharat Bijilee/English Ind clay?


  12. rajesh Says:
    December 16th, 2008
    Posted at: 1:41 pm

    SHALL I TOOK DELIVERY OF REL.CAP?


  13. CB Says:
    December 16th, 2008
    Posted at: 1:41 pm

    Hi Ranga, yes.. thats fine..

    Hi snt, Reliance above 1320 looks good technically.. it can touch 1400-1420 in short term .. Bharat Bijlee and english clay are slow stocks but good short/med term bets..


  14. CB Says:
    December 16th, 2008
    Posted at: 1:44 pm

    Hi rajesh, if it comes to 530-535 again exit it else convert to delivery .. nothing wrong with the stock..


  15. DM Says:
    December 16th, 2008
    Posted at: 1:48 pm

    Orbit I hold at 62.5 what to do now?


  16. CB Says:
    December 16th, 2008
    Posted at: 1:50 pm

    Hi DM, keep a stop at 60.50 or convert to delivery and hold for 2-3 days.. it can touch 70

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