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Intraday calls for 08-03-11

Posted on: March 8th, 2011 at 8:38 am

Markets likely to open lower

If Markets see some recovery later, buy JP associates

11.53am – buy 5600 call at 90, target: 105-107. Stoploss: 5480

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534 Responses

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  1. Akash Says:
    March 8th, 2011
    Posted at: 2:40 pm

    Hi Sunil Rao, Pls reply asap. Can I buy in 50 Qnty. I am putting my saving money in this stock now.


  2. Mac Says:
    March 8th, 2011
    Posted at: 2:41 pm

    Hold or Sell the 5300 PUT Option today.. Plz advize...


  3. geethika Says:
    March 8th, 2011
    Posted at: 2:43 pm

    European stocks finished lower on Monday after a volatile trading session, as banks lost ground while M&A deal news boosted the luxury-goods sector. Weakness in the US stocks also weighed on sentiment.
    The Stoxx Europe 600 index slipped 0.4% to end at 280.73 while the blue-chip Euro Stoxx 50 index dropped 0.6%.
    The UK’s FTSE 100 index dropped 0.3% to 5,973.78. The French CAC 40 index slipped 0.7% to 3,990.41. Germany’s DAX 30 index slipped 0.2% to 7,161.93.
    Investors also kept an eye on rising oil prices. By the close of European trading, crude for April delivery gained 57 cents to $104.99 a barrel on the New York Mercantile Exchange. The contract earlier hit an intraday high of $106.98 a barrel.
    The escalating fighting in Libya suggests that the geopolitical turmoil will continue for some time, but a reasonable amount of spare capacity is still available to offset oil-production losses in Libya.
    Separately, Moody’s downgraded Greece’s government-bond rating to B1 from Ba1 and assigned it a negative outlook. The move completes a review that started Dec. 16.
    Moody’s said that Greece faces considerable difficulties with revenue collection, citing a risk that the nation may not meet criteria attached to continuing support from official sources after 2013.
    The Greek stock market was closed on Monday for a public holiday.
    Shares of LVMH Moet Hennessy Louis Vuitton SA advanced 1.3% after the luxury-goods group said that it would buy Italy’s Bulgari SpA, offering stock for the Bulgari family’s controlling stake and cash to minority shareholders.
    Shares of Bulgari soared more than 59% in Milan, boosting Italy’s FTSE MIB index, which ended nearly unchanged. Other luxury stocks also posted solid gains.
    Technology stocks were also strong. Alcatel-Lucent SA rallied almost 4% in Paris. The stock has surged 13% this month on talk of a possible takeover bid from a Chinese company.


  4. rafi Says:
    March 8th, 2011
    Posted at: 2:44 pm

    can i short tata coffee cb


  5. SAI Says:
    March 8th, 2011
    Posted at: 2:45 pm

    HI SUNIL RAO, GOOD AFTERNOON


  6. Sunil Rao Says:
    March 8th, 2011
    Posted at: 2:47 pm

    Hi Mac, Hold it for now. exit on a 80-100 points dip.


  7. Pushpa Says:
    March 8th, 2011
    Posted at: 2:48 pm

    Hi, even though nifty moved but there is no movement in the calls...


  8. Sunil Rao Says:
    March 8th, 2011
    Posted at: 2:49 pm

    Hi SAI, Good Afternoon :)


  9. Akash Says:
    March 8th, 2011
    Posted at: 2:49 pm

    Hi Sunil Rao, Can I buy C Mahendra at CMP 250 for target 300+ in 1-2 days. Or ideally 350+ in a week or so.


  10. Sunil Rao Says:
    March 8th, 2011
    Posted at: 2:50 pm

    Hi Pushpa, yes, possibility of a reversal. be careful


  11. Akash Says:
    March 8th, 2011
    Posted at: 2:51 pm

    Hi Sunil Rao, Shud I buy C Mahendra?


  12. Siraj Says:
    March 8th, 2011
    Posted at: 2:51 pm

    Did Market giving positive breakout


  13. Sunil Rao Says:
    March 8th, 2011
    Posted at: 2:52 pm

    OI sharply increasing in 5400PE.


  14. ARIJIT Says:
    March 8th, 2011
    Posted at: 2:53 pm

    Hi Sunil Rao,
    UPSIDE?


  15. Deepak Says:
    March 8th, 2011
    Posted at: 2:55 pm

    Hi Sunil Rao, Does that mean possibility of Nifty go down to 5400 level in near term?


  16. Mac Says:
    March 8th, 2011
    Posted at: 2:57 pm

    Hi Sunil Rao, Lets see... Holding for a Breakout below 5490...

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