Intraday calls for 07-02-12

Quotes with Resistance & Support

Market Information

Intraday calls for 07-02-12

Posted on: February 7th, 2012 at 8:27 am

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Markets likely to open flat, support for Nifty at 5290, resistance at 5410

Buy Wipro at 427, Target: 435, SL 421

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470 Responses

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Das Says:
February 7th, 2012
Posted at: 12:34 pm
hi sunil, can CAIRN 380CE be bought now?
suresh Says:
February 7th, 2012
Posted at: 12:35 pm
thanks sunil rao..yesterday i booked profit in it @85.80..since its going strong i thought of re entering..since market correction is around the corner..at which range should one enter for long?..can it be entered for short term for a tgt of 90?
Sunil Rao Says:
February 7th, 2012
Posted at: 12:37 pm
Hi Das, wait for now ... is trading near lifetime highs ... wait for a breakout above 375.
jk Says:
February 7th, 2012
Posted at: 12:39 pm
sir
today, is it possible nifty reach 5400
regards
divyesh Says:
February 7th, 2012
Posted at: 12:39 pm
Hi Sunil Rao, any idea about aban brought @ 548
gkpstar Says:
February 7th, 2012
Posted at: 12:40 pm
Sold iwpro at 430, looks very volatile today!!
Please target of reliance in near term? holding at avg of 840
divya Says:
February 7th, 2012
Posted at: 12:41 pm
SunilRao ji,
pls share your view on Bank Nifty...can it see upmove of 3-4% from here...
Sunil Rao Says:
February 7th, 2012
Posted at: 12:42 pm
Hi suresh, Most welcome. Glad to know you booked profits. As of now sl for short term would be below 73.7 which does not favour a trade at current levels. for long term buy on dips in a staggered manner ... very strong support near 49-50. Good entry levels near 62.
Kb Trader Says:
February 7th, 2012
Posted at: 12:48 pm
Hi SAI, GA
Sunil Rao Says:
February 7th, 2012
Posted at: 12:48 pm
Hi jk, not sure as of now ... very strong resistance near 5384-5397.
Hi gkpstar, reliance is trying for a breakout today ... if it manage to close above 850 levels, can retest 900 in near term. would advice to hold till day end ... if unable to sustain above 850 levels ... exit from it
AK Says:
February 7th, 2012
Posted at: 12:50 pm
Hi CB, GA. Can i short sesagoa @ CMP?
SANJAY Says:
February 7th, 2012
Posted at: 12:50 pm
sir can enter jindal poly and hind zinc cmp i have booked profit earlier in them but now they avaibale in less cost should i enter them or wait and i want to buy nhpc is it right time to enter or i should wait
sumeet Says:
February 7th, 2012
Posted at: 12:52 pm
hello sir shorted icici@892 advice please .
and also bf utilities
raja Says:
February 7th, 2012
Posted at: 12:52 pm
Sunil ji and CB SIR, markets turned into red, why?
suresh Says:
February 7th, 2012
Posted at: 12:55 pm
thanks sunil rao.. everyone is expecting a correction before the start of the bull run...which levels will we see in the downside before the bull run?
gkpstar Says:
February 7th, 2012
Posted at: 12:55 pm
thanks sunil i bouhgt it on ndeliovery holding for more thna 3 months now , if it can go to 900 then i can hold ..due to buy back it react eityher way so thinking of it :)