Quotes with Resistance & Support
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Intraday calls for 23-02-11

Posted on: February 23rd, 2011 at 8:27 am

Markets likely to open lower, Support for nifty is at 5430 and resistance near 5580

If markets show recovery later during the day buy Tata steel

2.23pm – hedge longs with a 5400 put at 14. stoploss: 5510

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568 Responses

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  1. ARIJIT Says:
    February 23rd, 2011
    Posted at: 1:18 pm

    Hi Sunil Rao,
    OK, R U SHORTING NOW, OR WAITING FOR 5411?


  2. sourabh Says:
    February 23rd, 2011
    Posted at: 1:20 pm

    Hi Sunil Rao,

    buy nifty at 5485 hold or exit pls suggest me.........


  3. ras Says:
    February 23rd, 2011
    Posted at: 1:21 pm

    Hi Sunil Rao, i too exited nifty..........reluctant to go up, may go suddenl up after somettime,


  4. Sunil Rao Says:
    February 23rd, 2011
    Posted at: 1:21 pm

    Hi ARIJIT, No positions at the moment. We may see a strong movement in Nifty soon. Chart Patterns show a triangle formation.


  5. vibhu Says:
    February 23rd, 2011
    Posted at: 1:22 pm

    can we see 5550 2day ??


  6. ARIJIT Says:
    February 23rd, 2011
    Posted at: 1:22 pm

    Hi Sunil Rao,
    ok, i bought 5500 PE at 40 today


  7. Sunil Rao Says:
    February 23rd, 2011
    Posted at: 1:25 pm

    Hi ARIJIT, ok, keep sl at 5485 on Nifty.


  8. ARIJIT Says:
    February 23rd, 2011
    Posted at: 1:26 pm

    Hi Sunil Rao,
    ok, thanks a lot..................


  9. kumar Says:
    February 23rd, 2011
    Posted at: 1:26 pm

    hi kb enter reliance this time


  10. CB Says:
    February 23rd, 2011
    Posted at: 1:26 pm

    sorry, was not online before..


  11. Kb Says:
    February 23rd, 2011
    Posted at: 1:27 pm

    Hi ARIJIT, hold can see 70/80 soon.. wait


  12. Sunil Rao Says:
    February 23rd, 2011
    Posted at: 1:27 pm

    Hi ARIJIT, Most Welcome.


  13. Gopal Says:
    February 23rd, 2011
    Posted at: 1:27 pm

    CB Sir
    i shorted Tatasteel Future @623/- what to do


  14. CB Says:
    February 23rd, 2011
    Posted at: 1:27 pm

    Hi Gopal, hold with sl at 629 for now.


  15. Kb Says:
    February 23rd, 2011
    Posted at: 1:29 pm

    Hi CB, cbb .. view on nifty ??

    Hi Sunil Rao, hai.. Good afternoon :)


  16. ARIJIT Says:
    February 23rd, 2011
    Posted at: 1:29 pm

    Hi Kb,
    yes, waitng.............

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