Quotes with Resistance & Support
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Intraday calls for 02-05-11

Posted on: May 2nd, 2011 at 8:31 am

Markets likely to open a bit higher. Nifty has support at 5740.

Buy Timken India Ltd at 220.90, target: 229. Stoploss: 214

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619 Responses

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Comment pages: 202122232425262728Show all

  1. Sunil Rao Says:
    May 2nd, 2011
    Posted at: 1:22 pm

    Hi karthickPrabhu, Sell in BSE and buy in NSE, you will have to bear the trading charges. Not sure about its near future right now.


  2. Akash Says:
    May 2nd, 2011
    Posted at: 1:24 pm

    Hi Sunil Rao, Good Afternoon. Why 4600 PE is not moving at all. Will it see at least 3.5 if market falls around 5675 level? What are the chances and after that shud I buy 6000 CE?


  3. Gitanjali Says:
    May 2nd, 2011
    Posted at: 1:27 pm

    HICB, I shall exit from short for now .. cannot be on line continuous .. Shall continue to hold Unitech CE40..
    thanks for your replies .. and sorry ,to have worried so.


  4. Ankush Says:
    May 2nd, 2011
    Posted at: 1:27 pm

    Buy SBI at 2690 and sell at 2870 in one month.


  5. Kb Says:
    May 2nd, 2011
    Posted at: 1:30 pm

    Hi Gitanjali, which short?


  6. Sunil Rao Says:
    May 2nd, 2011
    Posted at: 1:33 pm

    Hi Akash, Dont enter deep otm options, you will lose heavily. Exit 4600PE at whatever rate you get now orelse you may not be able to exit later and may have to pay penal STT at expiry.


  7. shruti Says:
    May 2nd, 2011
    Posted at: 1:34 pm

    can i buy nifty ce?


  8. Vivek Shah Says:
    May 2nd, 2011
    Posted at: 1:35 pm

    Hi CB, Hi Sunil Rao, what u suggest for 5900ce ?? I m holding 5900ce


  9. shiva Says:
    May 2nd, 2011
    Posted at: 1:37 pm

    Hi Vivek Shah, at what rate u r holding..me too holding it


  10. ARIJIT Says:
    May 2nd, 2011
    Posted at: 1:38 pm

    Hi Sunil Rao,
    GOOD AFTERNOON................
    CAN U PLS. TELL ME ABT. FROZEN ORDER, WHAT DOES IT MEAN?


  11. cvrprakash Says:
    May 2nd, 2011
    Posted at: 1:39 pm

    HI CB,

    Holding Union Bank of India @ 350 levels;
    Currently the share is nearing 300.... What to do? Can I buy more now?
    I am a long term investor. IS it a good share to have it in the portfolio?
    Please advice. Thanks.


  12. Sunil Rao Says:
    May 2nd, 2011
    Posted at: 1:39 pm

    Hi Vivek Shah, Hold it with SL @ 5675 and try to exit it on any good bounce.


  13. Sunil Rao Says:
    May 2nd, 2011
    Posted at: 1:41 pm

    Hi shruti, Wait for some time.


  14. shiva Says:
    May 2nd, 2011
    Posted at: 1:42 pm

    Hi Sunil Rao, how do u see overall market trend?? buy on dips or sell on rise


  15. Sunil Rao Says:
    May 2nd, 2011
    Posted at: 1:44 pm

    Hi ARIJIT, GA, Order placed is slighltly beyond the acceptable range for the exchange. In most cases, it is automatically removed by the exchange after some time unless a strong favourable movement is seen. These are removed manually, so takes some time.


  16. ARIJIT Says:
    May 2nd, 2011
    Posted at: 1:48 pm

    Hi Sunil Rao,
    ok, thanks a lot for ur kind help............................

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