Intraday calls for 06-03-12

Quotes with Resistance & Support

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Intraday calls for 06-03-12

Posted on: March 6th, 2012 at 8:25 am

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Markets likely to open a bit lower. Nifty has resistance at 5320.

Sell Axis bank at 1150, target: 1122. Stoploss: 1165

If markets show some recovery later during the day, buy: Godrej Industries

9.22am – sell HDIL below 100, target: 96. Stoploss: 103

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304 Responses

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vipul07 Says:
March 7th, 2012
Posted at: 12:02 am
SM,
today registered loss in lvable baught at 378 sold at 366.SM give me some good script for tomorrow
SM Says:
March 7th, 2012
Posted at: 12:06 am
Hi vipul07, im fine... thanks. hope all is well at your end
vipul07 Says:
March 7th, 2012
Posted at: 12:08 am
no SM sir,
Tired of losses.today shorted lovable at 366 and baught back at 378.
DJ Says:
March 7th, 2012
Posted at: 12:10 am
SMmmmm
GM bro sterlite made me real lite...
suresh Says:
March 7th, 2012
Posted at: 12:15 am
Hi,
can i average HDIL if it bounces from 100? or should i wait for 90 level?
SM Says:
March 7th, 2012
Posted at: 12:15 am
Hi DJ, GM and dont worry. you know very well you will recover your losses very soon and be HEAVY with profits :)
Hi vipul07, sorry to know this. these things happen to everybody. dont lose hope. im sure you will recover your losses soon...
Azad Says:
March 7th, 2012
Posted at: 12:16 am
Hi SM Sir,
Can I short Axis Bank or Hindalco tomorrow?
SM Says:
March 7th, 2012
Posted at: 12:29 am
Hi DJ, all fut levels
fzwd Says:
March 7th, 2012
Posted at: 12:31 am
lol DJ . . .
full time pass these markets are becoming !!
just when everyone will be confirmed its a bear market, we will have some sudden spike up .. ..
btw did you notice that all thru the past three weeks FIIs are net buyers not sellers, but market is still going down . . .
:) f
DJ Says:
March 7th, 2012
Posted at: 12:31 am
Sm
i thought of going short but didnt dare.how does relcapital look for short?
vipul07 Says:
March 7th, 2012
Posted at: 12:31 am
Hi SM sir,
I have mailed you.please go through it.
vipul07 Says:
March 7th, 2012
Posted at: 12:51 am
SM,
Got ur reply.thanks
SM Says:
March 7th, 2012
Posted at: 12:55 am
Hi DJ, there was a gap up opening in Relcap Fut on 3rd Mar which got filled on 6th Mar. Supp at 400. Again better to short on a bounce (if at all we get it), with SL at 425. If 400 is broken, can erase another Rs 7-10. All Fut levels
DJ Says:
March 7th, 2012
Posted at: 1:01 am
Thx SM
was waiting for ur reply,s&p surviving 1341,,,,below it bound to kiss 1280 soon.
good day ahead buddy
SM Says:
March 7th, 2012
Posted at: 1:02 am
Hi DJ, Relcap Fut... price as well as OI, both decreased. Give the idea of Shorting it a hard thought :)
Payal Says:
March 7th, 2012
Posted at: 1:02 am
Hi SM/Kartik
mere sawall ka jawab bhi dijiye pls