Quotes with Resistance & Support
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Intraday calls for 23-12-08

Posted on: December 23rd, 2008 at 9:24 am

Markets likely to open weak..
Nifty has support at 2980.
Short sell: Reliance Industries (below 1280) and HDFC.

Incase markets see recovery later during the day, buy: JM Financial.

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125 Responses

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  1. rajeshshenoi Says:
    December 23rd, 2008
    Posted at: 12:20 pm

    sir long on minfity jan-09 at 3018 any advise


  2. om Says:
    December 23rd, 2008
    Posted at: 12:29 pm

    wht to do with nifty at 2975


  3. snt Says:
    December 23rd, 2008
    Posted at: 12:33 pm

    Noida toll going down will it come up today?


  4. AMIT Says:
    December 23rd, 2008
    Posted at: 12:40 pm

    CB, is this a end to the rally in market or this volatility is just because of expiry


  5. Nrender Says:
    December 23rd, 2008
    Posted at: 12:52 pm

    what you say about DCB at this level?


  6. CB Says:
    December 23rd, 2008
    Posted at: 1:01 pm

    Hi aneel, Don't buy now.. Wait for some more time..

    Hi mohd, not yet..

    Hi rajeshshenoi, If we are headed for a close above 2980 hold it else exit for the time being..

    Hi om, Nifty is finding support at 2970-2980..need to wait and see if it can hold it..

    Hi snt, as of now not sure..

    Hi AMIT, it because of expiry also selling pressure at higher levesl..

    Hi Nrender, its a buy on dips..not cmp..


  7. Raju Says:
    December 23rd, 2008
    Posted at: 1:04 pm

    Hi CB, i saw ur cal on HDIL and short it at 152.30 should i book profit at 151 or hold? thanks for the call


  8. CB Says:
    December 23rd, 2008
    Posted at: 1:06 pm

    Hi Raju, book partial profits and hold the rest


  9. serenity Says:
    December 23rd, 2008
    Posted at: 1:10 pm

    hi Cb 1) shud i buy suzlon at its present level
    2) shud I keep holding prism bot @ 20 ( trading arnd 19 now)...


  10. kinjal Says:
    December 23rd, 2008
    Posted at: 1:16 pm

    any calls?


  11. CB Says:
    December 23rd, 2008
    Posted at: 1:17 pm

    Hi serenity, Wait for some more time before buying Suzlon.. Hold Prism for med term..


  12. CB Says:
    December 23rd, 2008
    Posted at: 1:21 pm

    Hi kinjal, no.. Let Nifty break 2970 on the downside, this should trigger more selling..


  13. shampa Says:
    December 23rd, 2008
    Posted at: 1:24 pm

    HI CB WHAT IS YOUR CALL ON KS OILS?


  14. srv Says:
    December 23rd, 2008
    Posted at: 1:29 pm

    bought at 78.95 sail. ple adv for intraday


  15. CB Says:
    December 23rd, 2008
    Posted at: 1:30 pm

    Hi shampa, Don't invest at these levels. It could come down further.. It has very strong support at 45..


  16. CB Says:
    December 23rd, 2008
    Posted at: 1:31 pm

    Hi srv, SAIL looks weak on charts.. exit on any upmove..

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