Intraday calls for 19-12-08

Quotes with Resistance & Support

Market Information

Intraday calls for 19-12-08

Posted on: December 19th, 2008 at 9:26 am

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Markets likely to open flat.
Nifty may see profit booking at higher levels. Support for Nifty is at 3030-3050.

Buy Titan industries on dips for a target of 970-980.

If we see profit booking later during the day, short sell: SAIL and DLF.

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271 Responses

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Comment pages: 9 10 11 12 13 14 15 1617Show all

CB Says:
December 19th, 2008
Posted at: 2:39 pm
Hi Madhu, keep a trailing stop of 3100 on Nifty..If Nifty trades above 3100 for some time exit it
Raj Says:
December 19th, 2008
Posted at: 2:45 pm
CB littel confussion here we crossed 3100 nift, so are we going to see some more rally in the market or should be book profits at high levels ? Pls clarify
CB Says:
December 19th, 2008
Posted at: 2:47 pm
Hi Raj, A small rally would come in if Nifty remains above 3100 for some time due to short covering. There will not be much buying seen at higher levels and many would want to book profits..
rohit Says:
December 19th, 2008
Posted at: 2:51 pm
shd i exit rel cap @ 555 levelz???
Madhu Says:
December 19th, 2008
Posted at: 2:51 pm
Should i book loss now..? it is trading on that level only..
CB Says:
December 19th, 2008
Posted at: 2:53 pm
Hi rohit, Yes..
Hi Madhu, hold it..
Raj Says:
December 19th, 2008
Posted at: 2:55 pm
So Should i short all my possitions now so that i can re-entery latter when market goes down again ?
RANGA Says:
December 19th, 2008
Posted at: 2:55 pm
can I avg BRFL or PUNJ ? to avg, punj is away from my entry point. so that it will come nearer to the current price ???
CB Says:
December 19th, 2008
Posted at: 2:58 pm
Hi Raj, If Nifty closes above 3100 hold it as a bounce could be seen upto 3150..
Hi RANGA, don't avg nw..
RANGA Says:
December 19th, 2008
Posted at: 3:10 pm
will satyam come to 150 range in near future, if so can i buy this for a short term. i feel it will go back to its 200 levels? Any chances for this. thanks
RANGA Says:
December 19th, 2008
Posted at: 3:11 pm
Satyam has lot of cash and good profits last time.
Kriti Says:
December 19th, 2008
Posted at: 3:31 pm
i Buy niffty 800 @3050
so what can i do
Assish Says:
December 19th, 2008
Posted at: 3:47 pm
hey man good call on titan
monish Says:
December 19th, 2008
Posted at: 3:49 pm
trading in these HIGH volatile markets is very risky,
CB Says:
December 19th, 2008
Posted at: 4:10 pm
Hi RANGA, fundamentally maybe its sound but many want to sell this stock at higher levels..
Hi Kriti, Book profits on Monday..
Hi monish, yes.