Quotes with Resistance & Support
Market Information

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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  1. Sunil Rao Says:
    May 2nd, 2011
    Posted at: 2:09 pm

    Hi Mac, Nifty Support @ 5684 (Spot)


  2. Sunil Rao Says:
    May 2nd, 2011
    Posted at: 2:11 pm

    Hi Vivek Shah, Lets hope Nifty takes support @ 5684, is holding at the moment.


  3. Mac Says:
    May 2nd, 2011
    Posted at: 2:11 pm

    Hi Sunil Rao, Thanks.... 5687.7 is todays low... Lets c... if this is breached than can we see 5600 also??? wat u say???


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

    Hi Mac, Next support @ 5615.


  5. Mac Says:
    May 2nd, 2011
    Posted at: 2:16 pm

    Hi Sunil Rao, Hmmm...Thanks...


  6. PUNIT Says:
    May 2nd, 2011
    Posted at: 2:17 pm

    Hi Suni Rao
    What is target of nifty in short side for tomorrow?


  7. gayaram Says:
    May 2nd, 2011
    Posted at: 2:17 pm

    Hi CB, shall i avg my ril 1050 ce bght at 8.


  8. Ravi Says:
    May 2nd, 2011
    Posted at: 2:18 pm

    When will Bonous shares of Alembic Ltd came to our account


  9. aRJUN Says:
    May 2nd, 2011
    Posted at: 2:18 pm

    Hi Sunil,

    I have Onmobile @ 300, should i exit now?

    Regards
    Arjun


  10. gayaram Says:
    May 2nd, 2011
    Posted at: 2:19 pm

    Hi Sunil Rao, GA. shall i avg my ril 1050 ce bght at 8.


  11. Shiv Says:
    May 2nd, 2011
    Posted at: 2:19 pm

    CB holding 5900 and 6000 CE's at high price.. can the mkt see upmove from here.. wat levels can it reach in 7-10 days


  12. Sunil Rao Says:
    May 2nd, 2011
    Posted at: 2:21 pm

    Hi Mac, Most Welcome

    Hi PUNIT, Book Profits for now, Re-enter shorts if Nifty sustains below 5684.

    Hi gayaram, Dont avg. it yet. Keep SL. @ 955 and hold.


  13. Sunil Rao Says:
    May 2nd, 2011
    Posted at: 2:24 pm

    Hi Shiv, If Nifty holds onto 5684 level, can see a bounce upto 5820 level in short term


  14. amolo Says:
    May 2nd, 2011
    Posted at: 2:25 pm

    Hi Sunil Rao/CB,

    Holding 5900 CE @ 70. Should I avg. it out or book the loss !!!

    Regards,
    Amolo


  15. palanivel Says:
    May 2nd, 2011
    Posted at: 2:26 pm

    HI SUNIL RAO SIR, I HAVE DOUBT ON TRADER TERIMINAL INFORM THE F&0 CONTRACT MESSAGE PLEASE CLEAR MY DOUBT SIR. THE FOLLOWING THIS.
    All existing contracts i.e. contracts with expiry dates May 26, 2011 and June 30, 2011 will expire on May 2, 2011.
    For further more details visit www.nseindia.com circular no. NSE/FAOP/17587

    WHATS THIS?


  16. Sunil Rao Says:
    May 2nd, 2011
    Posted at: 2:27 pm

    Hi aRJUN, May need to hold it for mid term. Enter a put to hedge it, if it falls below 256 again.

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