Quotes with Resistance & Support
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Intraday calls for 13-06-11

Posted on: June 13th, 2011 at 8:26 am

Markets likely to open a bit lower. Support for nifty is at 5450 and resistance at 5540

If markets show recovery later during the day, buy: Raymond Ltd

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488 Responses

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  1. Abdullah Says:
    June 13th, 2011
    Posted at: 1:05 pm

    Hi Mohammed, Good afternoon. First of all, better not to keep SL as 25 or 26 or 27. Choose support/resistance of the underlying (Nifty in this case) as SL. For now, can hold put with a SL of 5520 in Nifty...


  2. Ravneet Says:
    June 13th, 2011
    Posted at: 1:05 pm

    Thanks a Lot Gayaram! :)

    Glad to meet you all!
    Cheers!


  3. Abdullah Says:
    June 13th, 2011
    Posted at: 1:06 pm

    Hi Ravneet, Greetings and welcome to nseguide...


  4. Mohammed Says:
    June 13th, 2011
    Posted at: 1:09 pm

    Thanks Abdullah i will follow this in future


  5. SAI Says:
    June 13th, 2011
    Posted at: 1:10 pm

    Hi Kb / Sunil Rao - Good Afternoon - Thanks. Noted yr pts. Got Caught today with hectic schedule Just checked previous msgs. Sorry for the late reply.

    Hi Abdullah Good Afternoon.


  6. serenity Says:
    June 13th, 2011
    Posted at: 1:15 pm

    Hi abdullah can u please suggest target for NTPC for a weeks time


  7. Abdullah Says:
    June 13th, 2011
    Posted at: 1:15 pm

    Hi Mohammed, Most welcome :) This is because the values of these instruments (Call/Put in your case) are derived from the underlying (Nifty in this case)


  8. Ravneet Says:
    June 13th, 2011
    Posted at: 1:16 pm

    Thanks a Lot Abdullah! Pleasure to meet u :)

    Request you to share ur view on SUN TV and SPICEJET pls!

    Should I HOLD OR BOOK PROFITS in SUN TV and SPICE JET

    I have Sun tv 300@291 INR
    Spice Jet 1200@ 35.40 INR


  9. Abdullah Says:
    June 13th, 2011
    Posted at: 1:19 pm

    Hi serenity, If it trades strong, can see 190-195. Support at 170. Thats the range as of now


  10. Abdullah Says:
    June 13th, 2011
    Posted at: 1:27 pm

    Hi Ravneet, Nice to meet you:) Sorry I dont track SpiceJet. Can Keep a trailing SL of 304.50 in SunTv. Can look forward to 312-313. Maran's family involvement in both the stocks. So, nowadays they tend to move with news flows... Take caution...


  11. H S MEHTA Says:
    June 13th, 2011
    Posted at: 1:28 pm

    i am holding two lots of ashok leyland 55 call at average price of rs.0.6. it is not moving. what to do >


  12. Ravneet Says:
    June 13th, 2011
    Posted at: 1:28 pm

    Thanks Abdullah!
    Appreciate it!!!

    Cheers!


  13. GODSE Says:
    June 13th, 2011
    Posted at: 1:33 pm

    Hi Abdullah,sai ,gaya,cb, geetha and all good afternoon
    , Nifty Levels
    R-1 / 5519 / R-2 /5552 / R-3/ 5583 /
    S-1/ 5455 /S-2/ 5424 /S-3/ 5391 /
    most volatile,,


  14. Abdullah Says:
    June 13th, 2011
    Posted at: 1:34 pm

    Hi GODSE, Good afternoon :)


  15. serenity Says:
    June 13th, 2011
    Posted at: 1:34 pm

    Thanks Abdullah. I was holding ntpc 170 call that why asking


  16. CB Says:
    June 13th, 2011
    Posted at: 1:36 pm

    Hi H S MEHTA, its facing resistance at 52 levels. will do well once crosses it. exit calll for now

    just came online.

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