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Intraday calls for 15-03-11

Posted on: March 15th, 2011 at 8:23 am

Markets likely to see a gap down opening.

If markets show recovery later during the day, buy JSW Steel – (book profit in JSW Steel at 918-920)

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543 Responses

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  1. shiva Says:
    March 15th, 2011
    Posted at: 12:43 pm

    Hi Sunil Rao, can i short tata steel around 595??


  2. Deepak Says:
    March 15th, 2011
    Posted at: 12:44 pm

    Hi Sunil Rao, Holding Nifty Mar Fut shorted @ 5422. Shall I hold for any further downside before expiry?


  3. thavva Says:
    March 15th, 2011
    Posted at: 12:45 pm

    Hi Sunil Rao, Yes Sunil, I learned it. If we break 5430 can we see more down side and till what level?


  4. sourabh Says:
    March 15th, 2011
    Posted at: 12:47 pm

    Hi Sunil Rao,

    i am waiting of your reply.........


  5. vandana Says:
    March 15th, 2011
    Posted at: 12:47 pm

    rel cap down and now its at 554. wil it go down mor pts?


  6. Gitanjali Says:
    March 15th, 2011
    Posted at: 12:48 pm

    Hi Sunil Rao,Thanks for view on rcom .


  7. RAVS Says:
    March 15th, 2011
    Posted at: 12:49 pm

    Thanks Sunil, But will it be risky to hold 5500 call?


  8. Gitanjali Says:
    March 15th, 2011
    Posted at: 12:50 pm

    Hi Sunil Rao, How are mkts looking ?.. Are we weak .. as closing may be below 5470..
    And thanks for the reply ..regarding Rcom yesterday .


  9. SAI Says:
    March 15th, 2011
    Posted at: 12:50 pm

    hi Sunil Rao, Good Afternoon. Holding 5600 CE like Mr.thavva. Missed to book y'day. your saying is very much correct. Also holding Reliance & RCOM waiting for upside


  10. Sunil Rao Says:
    March 15th, 2011
    Posted at: 12:51 pm

    Hi Deepak, Not sure yet. If Nifty closes below 5477 this week, downside can be seen in next week. However if Nifty closes above 5555 this week, upside can be seen next week.

    Hi thavva, No support at 5430, next major support at 5400-10, below it, we can see more downside.


  11. Sunil Rao Says:
    March 15th, 2011
    Posted at: 12:57 pm

    Hi vandana, Keep Sl at 553.

    Hi RAVS, Markets are very volatile as of now and can move in any direction. Nifty has very strong support at 5400 levels.


  12. Sunil Rao Says:
    March 15th, 2011
    Posted at: 1:00 pm

    Hi Gitanjali, Most Welcome. Above 5460, Nifty looks positive. and we need to look at the weekly close below 5477 for more of downside.

    Hi SAI, Good Afternoon. Markets look positive as of now. Lets see if Nifty can break above 5477 levels.


  13. ams Says:
    March 15th, 2011
    Posted at: 1:03 pm

    Hi Sunil,

    Can i enter REC, Mahindra & mahindra @ CMP?


  14. Sunil Rao Says:
    March 15th, 2011
    Posted at: 1:04 pm

    Hi sourabh, IDFC can see 146 levels if markets remain positive.

    Hi shiva, Go short below 589 levels.


  15. shiva Says:
    March 15th, 2011
    Posted at: 1:05 pm

    how EU is expected to open?


  16. gayaram Says:
    March 15th, 2011
    Posted at: 1:06 pm

    Hi Sunil Rao, which nifty to watch? s&p nifty or future levels to cross 5477. (In futures it already crossed)

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