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

Posted on: October 11th, 2011 at 8:24 am

Markets likely to open higher, resistance at 5050

Buy Aban Offshore around 370, Target: 378-380, SL 363

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393 Responses

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  1. Sunil Rao Says:
    October 11th, 2011
    Posted at: 3:14 pm

    Hi sunny, Most welcome.

    Hi sanzy, DLF has strong resistance near 233-35 levels. Try to exit on rise. JPA has some resistance near 74.5-75 levels, above which can see 80 levels. keep sl at 72.


  2. RAVS Says:
    October 11th, 2011
    Posted at: 3:15 pm

    Hi sunil, holding 4900 put at 126. Plz suggest wat to do


  3. Sunil Rao Says:
    October 11th, 2011
    Posted at: 3:17 pm

    Hi RAVS, If possible, hedge it with a call for now. Markets likely to head higher in near term.


  4. CA.Tejas Says:
    October 11th, 2011
    Posted at: 3:18 pm

    Hi Sunil Rao, I have purchased NHPC @ 23.35 what should be tgt n sl...


  5. Srinu Says:
    October 11th, 2011
    Posted at: 3:20 pm

    Hi sunilrao ji,

    holding 5000 nifty call.
    Is it safe to hold or exit?

    please suggest.

    Thank you


  6. thavva Says:
    October 11th, 2011
    Posted at: 3:20 pm

    Hi Sunil Rao, GA, enter any call before market closes?


  7. avik Says:
    October 11th, 2011
    Posted at: 3:21 pm

    sir, may i buy dish tv


  8. divya Says:
    October 11th, 2011
    Posted at: 3:22 pm

    GA CB/kartik/Sunil Rao ji,

    holding
    DLF at 225
    Infy at 2500
    JPAssociates at 73

    suggest should i hold or exit...pls give levels to exit


  9. Sunil Rao Says:
    October 11th, 2011
    Posted at: 3:23 pm

    Hi CA.Tejas, Sorry, Do not tract that stock.

    Hi Srinu, Hold it for now, Markets likely to head higher from here. keep sl below 4920 closing basis.

    Hi thavva, GA, Positional Nifty call can be entered for target of 5200-50 with sl below 4920 closing basis.


  10. thavva Says:
    October 11th, 2011
    Posted at: 3:25 pm

    Hi Sunil Rao, Thanks sunil, can i enter 5200 call?


  11. smitha Says:
    October 11th, 2011
    Posted at: 3:29 pm

    holding DLF at 225 and JPAssociates at 73
    suggest should i hold or exit...pls give levels to exit


  12. Sunil Rao Says:
    October 11th, 2011
    Posted at: 3:31 pm

    Hi divya, DLf has strong resistance near 233-35. Book on rise. Avoid Infy, very strong resistance near 2570-2600. Exit on rise. Hold JPA with sl below 72, can see 80 levels if can break above 75.

    Hi thavva, Most Welcome. 5100 would be better as its a short expiry.


  13. Imran khan Says:
    October 11th, 2011
    Posted at: 3:31 pm

    Thanks a lot Alut and CB, for DLF call,

    today i recovered some of my loss.


  14. Das Says:
    October 11th, 2011
    Posted at: 3:33 pm

    hi sunil. you see upside or downside for reliance now going forward?


  15. Imran khan Says:
    October 11th, 2011
    Posted at: 3:33 pm

    Thanks a lot Atul and CB, for DLF call,

    today i recovered some of my loss.


  16. Sunil Rao Says:
    October 11th, 2011
    Posted at: 3:39 pm

    Hi smitha, See levels mentioned above.

    Hi Das, Reliance is outperforming Nifty for about a month now. Has some resistance near 840 levels, above which can see 880-85 levels.

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