Intraday calls for 16-03-11

Quotes with Resistance & Support

Market Information

Intraday calls for 16-03-11

Posted on: March 16th, 2011 at 8:33 am

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Markets likely to see a gap down opening.

If markets show recovery later during the day, buy Reliance Industries

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488 Responses

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Kartik Says:
March 16th, 2011
Posted at: 9:14 am
Hi yogesh, faces strong support at 990, can see 1020 if Markets recover
Hi ARIJIT, yes
MBA Tejas Says:
March 16th, 2011
Posted at: 9:14 am
Hi Kartik, OH OK .. THANKS SIR
shiva Says:
March 16th, 2011
Posted at: 9:14 am
shall i exit puts on opening or wait for 5450
Kumar S Says:
March 16th, 2011
Posted at: 9:15 am
hI KArtik Sir.. holding 5300 PE, 5600 CE and tata Steel 560 PE. what to do with all these.? pleasea advise. making loss only since llong
MBA Tejas Says:
March 16th, 2011
Posted at: 9:16 am
Hi rafi, IF YOU WANT TO ENTER IN TATA POWER ENTER IT NEAR 5475-5480
ARIJIT Says:
March 16th, 2011
Posted at: 9:16 am
Hi Kartik,
ok, tgt. for j k tyres?
AJ Says:
March 16th, 2011
Posted at: 9:17 am
can i buy THERMAX @ cmp for intraday recovery?
MBA Tejas Says:
March 16th, 2011
Posted at: 9:17 am
Hi Kumar S, BOOK PROFITS IN PUT NEAR 5475-5480 ON NIFTY AND HOLD FOR CALLS
tuff money Says:
March 16th, 2011
Posted at: 9:17 am
hi kartik,
should i exit tata steel shorts?
Kartik Says:
March 16th, 2011
Posted at: 9:17 am
Hi shiva, hold with a sl at 5520
Hi Kumar S, continue to hold them for another 2-3 days, markets are likely to see some recovery ahead
Hi rafi, can see 1235
Hi Yogi, thanks for the updates
Kartik Says:
March 16th, 2011
Posted at: 9:18 am
Hi tuff money, hold it with a SL at 608 (strong resistance)
KK Says:
March 16th, 2011
Posted at: 9:18 am
Hi Kartik,
Shall I take Nifty PUT 5500 ?
Kartik Says:
March 16th, 2011
Posted at: 9:19 am
Hi AJ, no, it looks weak
Hi KK, no, we might trade strong today
AJ Says:
March 16th, 2011
Posted at: 9:20 am
Target for ONMOBILE?
thavva Says:
March 16th, 2011
Posted at: 9:20 am
Hi Kartik, GM, can i enter rel ind now?
Yogi Says:
March 16th, 2011
Posted at: 9:20 am
•Mahindra Satyam has bagged a multi-million dollar,multi-year contract from Aspire Zone, Qatar.
•Suzlon Energy’s promoter holding has reduced to 54.8%after two promoter group entities together sold around 2.3% of the paid-upcapital though share market transactions.
•Adani Power had proposed to set up a 1200-Mw power plant inSarguja district, about 350 Km north of Chhattisgarh capital.
•The shareholders of Corporation Bank have unanimouslyapproved a special resolution to issue 4.6mn equity shares at Rs658.49 on apreferential basis to the Government of India.
•Parsvnath Developers will pay this month the nextinstallment of about Rs3.4bn due to Rail Land Development Authority for themega land deal clinched late last year.
•HUL is planning to set up a 5,000-squarefeet customerinnovation centre in Mumbai. (
•PTC India Financial Services has finalized allocation of23.5 million equity shares to anchor investors at Rs. 28 a share.