Quotes with Resistance & Support
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Intraday calls for 24-12-08

Posted on: December 24th, 2008 at 9:36 am

Markets likely to open flat.
Buy Godawari Power & Ispat.

If markets show weakness later during the day, short sell: Alstom Projects.

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104 Responses

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  1. madhukar Says:
    December 24th, 2008
    Posted at: 12:14 pm

    at wat price i can buy satyam for delivery.


  2. CB Says:
    December 24th, 2008
    Posted at: 12:16 pm

    Hi madhukar, around 105-110 with a stoploss of 100.


  3. TALWAR Says:
    December 24th, 2008
    Posted at: 12:17 pm

    Hi CB, Godavari now quoting at 67.80...is it gud for short term. Shd i buy now ? pls advise


  4. Nrender Says:
    December 24th, 2008
    Posted at: 12:21 pm

    Hi CB
    What are your opinion about DCB and Petronet?


  5. krishna_hyd Says:
    December 24th, 2008
    Posted at: 12:29 pm

    CB, Areva moved to 182.5 shall we exit, I took 300@ 178 and my funds are blocked for more than 10 days in it.


  6. CB Says:
    December 24th, 2008
    Posted at: 12:30 pm

    Hi TALWAR, yes, its a good short term bet.. it is trading at very cheap valuations.. Buy in by 2-2.30 PM.. markets will see action by then..

    Hi Nrender, DCB looks weak, Petronet is a good short term bet..


  7. CB Says:
    December 24th, 2008
    Posted at: 12:30 pm

    Hi krishna_hyd, no hold it.. once it crosses 183-184 it wil show a good upmove. maybe till 200..


  8. krishna_hyd Says:
    December 24th, 2008
    Posted at: 12:33 pm

    Any idea on JK cement ? good to buy ?


  9. amit Says:
    December 24th, 2008
    Posted at: 12:36 pm

    cb, areva is showing a bit upmove. Will this upmove continue or it will again hover around here. plz tell what the charts are saying and what to do.


  10. sam Says:
    December 24th, 2008
    Posted at: 12:39 pm

    what about today nifty?


  11. Nren Says:
    December 24th, 2008
    Posted at: 12:41 pm

    Dear CB I have Jan future of DCB at 24 and Petronet at 42 :)
    What should I do?


  12. rajnish kumar Says:
    December 24th, 2008
    Posted at: 12:43 pm

    sir is relcom is good for today.what will be the target. will market close in red. or there is some recovery


  13. amit Says:
    December 24th, 2008
    Posted at: 12:45 pm

    cb whats target for areva


  14. m.rajesh Says:
    December 24th, 2008
    Posted at: 12:47 pm

    reg hcl tech can i enter in this rate @ 121


  15. CB Says:
    December 24th, 2008
    Posted at: 12:47 pm

    Hi krishna_hyd, wait before buying JK.. could come down further if markets correct..

    Hi amit, It can touch 190 today..

    Hi sam, tough call.. A weeks holiday for FII's not sure if they would keep holding the stocks or sell. .

    Hi Nren, as of now hold them..

    Hi rajnish kumar, don't buy as of now.. I am not sure how markets will react in late afternooon


  16. CB Says:
    December 24th, 2008
    Posted at: 12:47 pm

    Hi m.rajesh, no, stay away from IT for the time being

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