Quotes with Resistance & Support
Market Information

Intraday calls for 13-07-11

Posted on: July 13th, 2011 at 8:29 am

Markets likely to open higher, Support at 5480. resistance at 5580

Buy Kotak Mahindra bank at 476, SL 470, Target: 485 – (book profit at 485)

1.21pm – buy abg shipyard at 385.45, target: 391. Stoploss: 380

FII Moves –
Buy 3 lac shares of IRB infra
buy 3.25 lac shares of Pantaloon retail
buy 42 lac shares of Idea.
sell 6 lac shares of Sun tv.

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538 Responses

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  1. JR Says:
    July 13th, 2011
    Posted at: 11:42 am

    Any view on bata...Shorted@620 for intraday... SL and trgt please


  2. Sunil Rao Says:
    July 13th, 2011
    Posted at: 11:42 am

    Hi SAI, GM, Thanks. Still busy with some personal issues, should be free by next week.


  3. Akash Says:
    July 13th, 2011
    Posted at: 11:42 am

    Hi Sunil Rao, Pls suggest.. shud I buy 5300 PE or 5900 CE. Lost all money and left with hardly 1k as of now.. :(


  4. vipul Says:
    July 13th, 2011
    Posted at: 11:46 am

    HI SIR,
    I SHORTED LOVABLE AT 424.5 .WAT SHOULD BE THE STOP LOSS


  5. Akash Says:
    July 13th, 2011
    Posted at: 11:46 am

    Hi Sunil Rao, Bought 5900 CE at 8.50. Will it see 50+


  6. Sunil Rao Says:
    July 13th, 2011
    Posted at: 11:47 am

    Hi Akash, My call is an option pair. you may with 5900ce+5300pe for a target of about 30.


  7. SAI Says:
    July 13th, 2011
    Posted at: 11:48 am

    HI Sunilji - Oh ok. Pls adv. nifty levels to exit from the strategy


  8. JR Says:
    July 13th, 2011
    Posted at: 11:48 am

    Sunil Bhai...my query plss


  9. SAI Says:
    July 13th, 2011
    Posted at: 11:50 am

    Hi Sunilji I am also holding 5500 PE. is it a hold or exit. will nifty come down from here


  10. Sunil Rao Says:
    July 13th, 2011
    Posted at: 11:51 am

    Hi SAI, Exit the pair either near 5685 or near 5480.

    Hi JR, Sorry, not sure of Bata. Not in my list.


  11. SAI Says:
    July 13th, 2011
    Posted at: 11:51 am

    OK SUNILJI, THANKS.


  12. Sunil Rao Says:
    July 13th, 2011
    Posted at: 11:53 am

    Hi SAI, Strong Resistance @ 5583, keep a sl above it or else hedge with a call above it. Nifty can move in either direction from here. That's the reason for this strangle.


  13. vipul Says:
    July 13th, 2011
    Posted at: 11:53 am

    hi sunil rao ,
    pls reply to my query on lovable shorted at 424.5


  14. Sunil Rao Says:
    July 13th, 2011
    Posted at: 11:57 am

    Hi vipul, Sorry, Not sure about it. lovable is quite a new listing and as such, technical indicators do not work on them.


  15. Akash Says:
    July 13th, 2011
    Posted at: 11:57 am

    Hi Sunil Rao, I am low on money so cannot buy both.. Which one I shud buy.. if u think market can see 5300 level, shud I buy 5300 PE and hold till expiry?


  16. sameer Says:
    July 13th, 2011
    Posted at: 11:58 am

    Sir---whats ur advice on hdfcbank ?

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