Quotes with Resistance & Support
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Intraday calls for 31-12-08

Posted on: December 31st, 2008 at 9:28 am

Markets likely to see a positive opening.
Nifty has some resistance at 3020.

Buy Reliance Infrastructure for a target of 605. Stoploss: 575.

If we see profit booking later during the day, short sell: HDIL.

Wish you and your Family a very happy and a prosperous New Year!!

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135 Responses

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  1. CB Says:
    December 31st, 2008
    Posted at: 9:44 am

    Hi arun.m, There are lot of rumors on Satyam.. one is that IBM is eyeing it for a possible take over.. It could add 5-6 rs but may see profit booking later..


  2. Raj Says:
    December 31st, 2008
    Posted at: 9:44 am

    Hi CB, Your views on Praj and Suzlon....


  3. CB Says:
    December 31st, 2008
    Posted at: 9:45 am

    Hi DM, above 230 it could touch 237


  4. RK Says:
    December 31st, 2008
    Posted at: 9:45 am

    wish you CB and all HAPPY NEW YEAR


  5. CB Says:
    December 31st, 2008
    Posted at: 9:45 am

    Hi Raj, both are market movers.. Book profits in them in this rally...


  6. CB Says:
    December 31st, 2008
    Posted at: 9:46 am

    Hi RK, Thanks.. Same to you..


  7. raja.m Says:
    December 31st, 2008
    Posted at: 9:46 am

    hai cb,
    Today target price of suzlon energy.


  8. CB Says:
    December 31st, 2008
    Posted at: 9:47 am

    Hi amit, Technically its a buy above 230-231..


  9. srv Says:
    December 31st, 2008
    Posted at: 9:48 am

    dear cb !
    gud morning.

    intraday out look for suzlon / unitech / dlf please


  10. CB Says:
    December 31st, 2008
    Posted at: 9:48 am

    Hi raja.m, It could touch 62..


  11. CB Says:
    December 31st, 2008
    Posted at: 9:49 am

    Hi srv, Other 2 don't look good for intra.. DLF could touch 291-293..


  12. Ganesh Says:
    December 31st, 2008
    Posted at: 9:49 am

    Hi CB, what abt DLF ? Can I sell it at this price and reenter at lows ?


  13. amit Says:
    December 31st, 2008
    Posted at: 9:51 am

    CB FOR INTRADAY WHICH COULD GIVE GOOD GAINS, RCOM ABOVE 231 FOR TRGT 237 OR RELINFRA ABV585 TRGT 605.


  14. srv Says:
    December 31st, 2008
    Posted at: 9:51 am

    yesterday suzlon closing is rs 62/-. wht abt today?


  15. CB Says:
    December 31st, 2008
    Posted at: 9:51 am

    Hi Ganesh, As of now hold it.. let the 2nd package be released by the govt.. Book profits next week,,


  16. CB Says:
    December 31st, 2008
    Posted at: 9:54 am

    Hi srv, closing was 60.75..

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