Intraday calls for 31-12-08

Quotes with Resistance & Support

Market Information

Intraday calls for 31-12-08

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

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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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CB Says:
December 31st, 2008
Posted at: 11:42 am
GUYS, BOOK PROFITS IN RELINFRA AT 601.
vvdp Says:
December 31st, 2008
Posted at: 11:42 am
thanks sir
Ganesh Says:
December 31st, 2008
Posted at: 11:42 am
Hi CB, any calls on ICICI as of now ?
uniyal Says:
December 31st, 2008
Posted at: 11:44 am
sir, whats about lanco infra.. should i short it.... its already very high
Tipguru Says:
December 31st, 2008
Posted at: 11:44 am
Can infra be bought again on dips?Specify.
CB Says:
December 31st, 2008
Posted at: 11:46 am
Hi snt, not sure about English Indian Clays..
Hi vvdp, most welcome. .
Hi Ganesh, nope, no call on it..
CB Says:
December 31st, 2008
Posted at: 11:49 am
Hi uniyal, no, it broke its resistance of 153 thats why we are seeing an upmove.. Don't go short on it..
Hi Tipguru, If we get a dip again, I am not sure if markets would recover.. As of now Dow futures are flat.. need to see how Europe open..
amit Says:
December 31st, 2008
Posted at: 11:52 am
cb i dont see your message to book profits, i still hold relinfra, what to do
CB Says:
December 31st, 2008
Posted at: 11:54 am
Hi amit, book profits around 599-600..
Raj Says:
December 31st, 2008
Posted at: 11:55 am
Thanks CB, Booked profit on Reliance infra.... Your are doing awesome....
amit Says:
December 31st, 2008
Posted at: 11:57 am
cb i dont see your message to book profits, i still hold relinfra, what to do now
Tipguru Says:
December 31st, 2008
Posted at: 11:57 am
Can i short hdil now? Tell target
amit Says:
December 31st, 2008
Posted at: 11:59 am
i bot nifty futr arnd 2990. should i exit or hold
CB Says:
December 31st, 2008
Posted at: 12:00 pm
Hi Raj, thanks Raj.. :)
Hi amit, Hold it.. sell around 596..
Hi Tipguru, It is a sell but markets need to show some weaknes which it is not doing right now.. lets wait for some time..
Raj Says:
December 31st, 2008
Posted at: 12:00 pm
Hi CB, Suzlon above 63 will reach target of 78...is it true... shall i hold it...
vipin Says:
December 31st, 2008
Posted at: 12:02 pm
Hi CB,
Nifty levels for the day please..
Best regards
Vipin