Quotes with Resistance & Support
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Call for 08-09-12

Posted on: September 8th, 2012 at 10:58 am

Markets likely to open higher, resistance for nifty at 5380

Buy Lupin at 609 for 1-2 days target: 624, SL 598

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270 Responses

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Comment pages: 34567891011Show all

  1. gangadhar Says:
    September 8th, 2012
    Posted at: 12:15 pm

    Hi,
    BUY AMBUJACEM 170 PE @ 0.50 TARGET 2.15 within 1 weak sure target


  2. imran khan Says:
    September 8th, 2012
    Posted at: 12:15 pm

    Hi SR, Hi Sir, can i also enter 5300 put now @36 for target of 50 if nifty see 5300 what i can expect in 5300 put option, what levels nifty can correct from here


  3. Champ Says:
    September 8th, 2012
    Posted at: 12:16 pm

    Hi arun bj, Ok, thank you


  4. imran khan Says:
    September 8th, 2012
    Posted at: 12:17 pm

    Hi Robotguy, so you also booked half lots in 5500 call, good brother what you trading today?


  5. SR Says:
    September 8th, 2012
    Posted at: 12:18 pm

    Hi Robotguy, ACC looks strong after the breakout above 1327. Not sure if it retests 1327 levels, but can head upto 1360 and 1383 levels.


  6. imran khan Says:
    September 8th, 2012
    Posted at: 12:18 pm

    Hi SR, thanks a lot for that, what level your feel nifty can come down, so that i will add few more lots


  7. rk Says:
    September 8th, 2012
    Posted at: 12:19 pm

    Hi SR,
    Good morning. Thanks for your valuable indication.


  8. sanzy Says:
    September 8th, 2012
    Posted at: 12:20 pm

    hi SR,

    shall i enter 5300PE for a 30-40 point down move from here


  9. Robotguy Says:
    September 8th, 2012
    Posted at: 12:20 pm

    Hi SR, Thank u


  10. Munna Says:
    September 8th, 2012
    Posted at: 12:22 pm

    Hi SR, Have sent an add request in facebook. Pls accept it.


  11. Robotguy Says:
    September 8th, 2012
    Posted at: 12:22 pm

    Hi imran khan, Nothing today as markets are open only for a short time.


  12. SR Says:
    September 8th, 2012
    Posted at: 12:23 pm

    Hi imran khan, I would not advise to enter put options against the trend to play for a small correction. It would be rather prudent to go long once we see a correction. We are on the verge of a major breakout above 5425-5440 level, above which we may see a vertical rise in Nifty in October.


  13. imran khan Says:
    September 8th, 2012
    Posted at: 12:25 pm

    Hi SR, thanks sir, then i will hold now, i will enter the few more lot of call if nifty corrects?


  14. Munna Says:
    September 8th, 2012
    Posted at: 12:26 pm

    Hi SR, Nifty is trading above 5350 since opening. Is is an indication of break out of resistance of 5350?


  15. SR Says:
    September 8th, 2012
    Posted at: 12:27 pm

    Hi sanzy, Not advisable. Can go long on a 40-45 point dip.

    Hi Munna, Accepted.

    Hi Robotguy, Most Welcome.


  16. SR Says:
    September 8th, 2012
    Posted at: 12:28 pm

    Hi Munna, Resistance is near 5355. Let see whether we close above it.

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