Quotes with Resistance & Support
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Intraday calls for 10-03-11

Posted on: March 10th, 2011 at 8:35 am

Markets likely to open flat, Nifty has resistance at 5580 and support at 5480

Buy Rcom on dips

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508 Responses

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  1. thavva Says:
    March 10th, 2011
    Posted at: 8:39 pm

    Hi Sunil Rao, No :(. holding 5600 call still bought @ 91. if tomorrow market open low it will still go down right? Other side Oil price is just below 103. why markets going down?


  2. Sunil Rao Says:
    March 10th, 2011
    Posted at: 8:39 pm

    Dow breaks 12000!!!


  3. Shereef Says:
    March 10th, 2011
    Posted at: 8:40 pm

    Hi CB, Sunil Rao,

    IIP estamate is looks low, to be released tomorrow (Moneycontrol.com).

    Plus Global Markets are in Red.

    Regards.


  4. Sunil Rao Says:
    March 10th, 2011
    Posted at: 8:45 pm

    Hi thavva, Not sure of any news as yet. I'm holding a call too but I shorted Nifty today near 3pm keeping strict SL of 5506 on Nifty cash and 5470 as SL for the call.


  5. Sunil Rao Says:
    March 10th, 2011
    Posted at: 8:47 pm

    Hi Shereef, Thanks for the info.


  6. thavva Says:
    March 10th, 2011
    Posted at: 8:57 pm

    Thats safe trade Sunil at this point. I have one doubt. SL order placed in a day will be active and valid for next day also? I'm bit Spectacle about stop loss orders.


  7. CB Says:
    March 10th, 2011
    Posted at: 8:59 pm

    Hi Sunil Rao, Good evening. Economic data from US is not good

    Hi krishh, Good evening

    Hi Pushpa, yes, seems may open lower tomorrow

    Hi thavva, yes.


  8. thavva Says:
    March 10th, 2011
    Posted at: 9:00 pm

    Dow falls 200 points as the sell-off gains steam after disappointing jobs and U.S. trade gap reports.


  9. thavva Says:
    March 10th, 2011
    Posted at: 9:02 pm

    Hi CB, If Nifty open 50 to 60 points low tomorrow is it better to exit 5600 call and enter put?


  10. Sunil Rao Says:
    March 10th, 2011
    Posted at: 9:05 pm

    Hi thavva, all online orders valid only for the day


  11. Siraj Says:
    March 10th, 2011
    Posted at: 9:16 pm

    CB/Sunil i see every market in red Today what u think about tommorows opening of nifty


  12. Priyanka Says:
    March 10th, 2011
    Posted at: 9:16 pm

    Hi CB/Sunil Rao,

    Oil prices going down....

    Crude likely to go below 100 later today.

    Then why world markets in deep red ?


  13. Kb Says:
    March 10th, 2011
    Posted at: 9:19 pm

    Hi CB, ohh dump question .. sorry..


  14. Kb Says:
    March 10th, 2011
    Posted at: 9:20 pm

    Hi CB, i meant implied .. :P


  15. Sunil Rao Says:
    March 10th, 2011
    Posted at: 9:27 pm

    Hi Priyanka, As Cb said, "Economic data from US is not good". If crude prices decline further, US markets may recover a bit later today. 12000 is a strong support for Dow anyways.


  16. NDA Says:
    March 10th, 2011
    Posted at: 9:44 pm

    Hi Kartik , Good Evening. How do you see CMahendra 2morow. Stoploss & target pl....

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