Quotes with Resistance & Support
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Intraday calls for 08-02-12

Posted on: February 8th, 2012 at 8:29 am

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

Buy Jyoti Structures at 52.50, Target: 55, SL 50
Sell Reliance Infrastructure on rise, around 565 for a target of 550

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486 Responses

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  1. rk Says:
    February 8th, 2012
    Posted at: 2:40 pm

    Hi Sunil Rao,

    Can I buy Nifty PE @ 5200.00. thanks


  2. Sunil Rao Says:
    February 8th, 2012
    Posted at: 2:42 pm

    Hi Akash, Dont expect the market to move as per your expectaions, move as per market expectations. While trading in options, it always better to book profits on every rise and re-enter on dips.

    As of now market still range bound within 5323 - 5384, with positive bias, trend changes below 5292. Hold for now and book on rise.


  3. Madhu Says:
    February 8th, 2012
    Posted at: 2:42 pm

    Hi Sunil Rao, I am long on Bharti for intraday @ 366 and now its 355 what to do??


  4. rakesh Says:
    February 8th, 2012
    Posted at: 2:43 pm

    hello sunil sir u missed my post twice


  5. SS Says:
    February 8th, 2012
    Posted at: 2:47 pm

    Hi Sunil Rao,
    Can DLF be shorted at this lvl ?


  6. Sunil Rao Says:
    February 8th, 2012
    Posted at: 2:48 pm

    Hi Bill, Study option statistics to get an idea where markets may likely head to.

    Hi Madhu, Its near strong support levels, may give a bounce from here or within a day or 2.

    Hi rakesh, cant see ur query, possibly gone in spam.


  7. Sunil Rao Says:
    February 8th, 2012
    Posted at: 2:51 pm

    Hi SS, avoid going short on dlf for now.


  8. RAMESHB Says:
    February 8th, 2012
    Posted at: 2:52 pm

    Hi Sunil Rao, THOMAS COOK ROSE TODAY I AM HOLDING THEM SINCE 2 YEARS. SHOULD I EXIT NOW OR KEEP OR LONG TERM. MORE UPSIDE EXPECTED?


  9. rakesh Says:
    February 8th, 2012
    Posted at: 2:54 pm

    sir i sold my delevery of jswenergy at 50 rs denabank at 70 and jindrill at 320 which were boght at high prices now at what price should i eneter them gain .


  10. sunny Says:
    February 8th, 2012
    Posted at: 2:54 pm

    hi sunil sir. europe was positive than y market fell ?


  11. Raj Says:
    February 8th, 2012
    Posted at: 2:56 pm

    Buy India Bull Real Estate, target 79


  12. Sunil Rao Says:
    February 8th, 2012
    Posted at: 2:58 pm

    Hi sunny, europe was not strong enough to sustain a breakout in nifty and as such, Nifty just retested its support. As of now Nifty is holding strongly to the support of 5323.


  13. imran khan Says:
    February 8th, 2012
    Posted at: 2:59 pm

    Hi Sunil sir,

    I was waiting to buy renuka @ 37 or 38 from 1 week, but it was rally everyday, morning I brought @40.90,
    But now its going down, my bad luck.

    I can wait for 1 month, can you tell me what target renuka will come in one month time


  14. raja Says:
    February 8th, 2012
    Posted at: 3:00 pm

    Sunil sir, tell me about IFCI and RCAPITAL sir


  15. suresh Says:
    February 8th, 2012
    Posted at: 3:01 pm

    sunil rao..u missed my query 4th time :( please reply


  16. kiran Says:
    February 8th, 2012
    Posted at: 3:05 pm

    hi sunilrao, can u sug any 2-4% up for 3 days

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