Quotes with Resistance & Support
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Intraday calls for 06-02-12

Posted on: February 6th, 2012 at 8:30 am

Markets likely to open a bit higher. Resistance for nifty is at 5360.

Buy Thermax ltd at 522, target: 535. Stoploss: 510 – (Continue to hold Thermax for a day more.)

Trade in small quantities.

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492 Responses

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Comment pages: 202122232425262728Show all

  1. divya Says:
    February 6th, 2012
    Posted at: 2:11 pm

    hello Sunil Rao,

    holding EduComp at 240 and ICICI bank at 920 pls advice when to exit...


  2. Sunil Rao Says:
    February 6th, 2012
    Posted at: 2:11 pm

    Hi Sourabh, yes its possible, if Nifty fails to break above 5385-95 levels, we may likely see 5290-5300 levels (book part here) and below it can see 5190-5200 levels.


  3. Sourabh Says:
    February 6th, 2012
    Posted at: 2:11 pm

    Sunil Sir\Abdullah...
    any call from your side..


  4. SM Says:
    February 6th, 2012
    Posted at: 2:14 pm

    Hi Sourabh, 50 odd points sideways movement in nifty. no calls as of now from me. Sunil rao can come up with something


  5. shiva Says:
    February 6th, 2012
    Posted at: 2:14 pm

    Hi Sunil Rao, how are you sir? Nice to see you after long time...everything alright at your side?


  6. Sunil Rao Says:
    February 6th, 2012
    Posted at: 2:15 pm

    Hi Sourabh, Short Nifty on rise keeping sl above 5395 for target of 5320-25. All are spot prices


  7. Sourabh Says:
    February 6th, 2012
    Posted at: 2:22 pm

    Thanks Sunil Sir....:)


  8. Prabhat Says:
    February 6th, 2012
    Posted at: 2:23 pm

    Hi Sunil\CB,
    holding long positions in GMDC @ 180(500 qty)....whats ur views on that..


  9. Sri Says:
    February 6th, 2012
    Posted at: 2:27 pm

    Hi CB/Kartik,

    I am holding the 5200PE bought@ 122/-when Nifty @ 5180.

    Can i hold this or do you want me to exit???

    Huge loss now...

    ** Everybody saying that, Market Correction is due from 3 weeks and it should be corrected >5%. Is it True?? Then when can we expect??

    Please suggest and give your view on market correction as well.

    Thanks!!
    Sri


  10. Akash Says:
    February 6th, 2012
    Posted at: 2:31 pm

    Hi Sunil Rao, Can we expect Nifty 5475-5500 in 3-4 days?


  11. Prabhat Says:
    February 6th, 2012
    Posted at: 2:32 pm

    Hi CB\Sunil,

    I want to short L&T.. can u please suggest the target and sl..


  12. AKs Says:
    February 6th, 2012
    Posted at: 2:33 pm

    Hello CB,

    Please advise on Mahindra Satyam holding at 79/- even if result is good its not moving up and going down day by day.

    What to do ?? any strick SL to follow?? Can it see level of 80/- in next 15 days??

    and advise on Patni comp bought today at 471/- for intraday???


  13. gkpstar Says:
    February 6th, 2012
    Posted at: 2:34 pm

    hi cb/kb/karthi i sold thermax in 4% loss since i cant hold til tommr, how about tommr , can i enter irrespective of market condition etc to gain? can i enter tomr again in thermax for intra day?


  14. fayzad Says:
    February 6th, 2012
    Posted at: 2:36 pm

    hi KB / CB
    what targets for Educomp today ??
    m holding at 249, will it cross ??
    :) f


  15. Akshi Says:
    February 6th, 2012
    Posted at: 2:37 pm

    Sir I m.holding nifty ce ? Wat to do.? Hold or exit ?


  16. SS Says:
    February 6th, 2012
    Posted at: 2:52 pm

    Hi Sunil Rao,
    GA, Should we hold shorts for tomorrow ?

    NEW YORK (Reuters) - Stock index futures pointed to a lower open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.2 to 0.5 percent.

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