Quotes with Resistance & Support
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Intraday calls for 21-03-11

Posted on: March 21st, 2011 at 8:28 am

Markets likely to open higher. Resistance for nifty is at 5430 and support at 5370.

Buy Reliance communications at 104.60, target: 108. Stoploss: 101.50

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492 Responses

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  1. Mac Says:
    March 21st, 2011
    Posted at: 3:26 pm

    Shud we exit our 5300 Put or Hold....


  2. Kartik Says:
    March 21st, 2011
    Posted at: 3:27 pm

    Hi Mac, hold with a trailing SL at 5380


  3. vijayk Says:
    March 21st, 2011
    Posted at: 3:28 pm

    kartik...waht to do with 5400call? hold it ?


  4. nitin Says:
    March 21st, 2011
    Posted at: 3:28 pm

    thanks kartik,

    actually I had bought 1 lot of Sail April Futures @ 162.50. Please suggest the exit price. I am expecting arnd 171 within this week :)


  5. Kartik Says:
    March 21st, 2011
    Posted at: 3:29 pm

    Hi nitin, hold it for another 2-3 days, keep a SL at 155 (cash)

    Hi vijayk, hold with a SL at 5350


  6. bapan Says:
    March 21st, 2011
    Posted at: 3:30 pm

    kartik what to do to cesc............its now @ 297/- and my buying price is 326/-


  7. Kartik Says:
    March 21st, 2011
    Posted at: 3:31 pm

    Hi bapan, it looks weak below 300, if possible hold it for Short term, avg it out on dips


  8. vijay Says:
    March 21st, 2011
    Posted at: 3:33 pm

    Hi Karthik,

    I have Jindal Saw at 197.9 is there any chance of it coming back that levels till expiry.
    Or Book Loss ???


  9. Kartik Says:
    March 21st, 2011
    Posted at: 3:33 pm

    Hi Yogi, k, nice


  10. gayaram Says:
    March 21st, 2011
    Posted at: 3:34 pm

    cb, ibreal showd a deep low of 94. Is it an indicator that this script will touch that low? is it better to quit on one or two days? please confirm me. (same thing happened on orbit corpn.)


  11. Kb Says:
    March 21st, 2011
    Posted at: 3:34 pm

    Hi Kartik, bye karthik .. . have a nice evening :)


  12. Kartik Says:
    March 21st, 2011
    Posted at: 3:35 pm

    Hi gayaram, it seems to be a flash trade, realty stocks as of now look weak, IB might take some time to recover

    Hi Kb, most welcome, same to you


  13. Kartik Says:
    March 21st, 2011
    Posted at: 3:36 pm

    Hi vijay, it looks weak below 190, would be better to exit from it


  14. Munna Says:
    March 21st, 2011
    Posted at: 3:39 pm

    can i hold hdil for tomorw?
    Plz rply.avg 153.


  15. Sunil Rao Says:
    March 21st, 2011
    Posted at: 3:39 pm

    Hi Yogi, today's intraday pwo levels were 5345.35, 5354.00, 5362.60, 5371.25, 5379.90, 5388.55, 5397.15, 5405.80, 5414.45.
    Earlier Nifty broke 5354.00 but failed to test 5345.35 represents a very strong support level of 5345.35 ... So the next time the exit level would be 5354.00 (tested at 15:12) and re-entry below 5345.35.
    99% of times, Markets give a second chance ... Never a third ;)


  16. suzane Says:
    March 21st, 2011
    Posted at: 3:46 pm

    Hi Kartik, any chances for hitachi to go upto 220 in 2-3 days ?

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