Intraday calls for 23-03-11
Markets likely to open flat, resistance for Nifty at 5450, support at 5350
Sell Sintex around 139, Target: 134, SL 142.50 – (SL triggered)
9:28am: Buy ICICI Bank at 1012, Target: 1030-35, SL 988 (book profits)
3.01pm – btst – buy Kotak bank at 432, target: 441. Stoploss: 426
Nifty Future/Index 1,5,10,15 minute LIVE Charts with TOP Indicators – Click to view
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Sunil Rao Says:
March 23rd, 2011
Posted at: 2:40 pm
Hi sekhar, Most Welcome.
Hi Das, As per my view would be advisable to exit (at least 50% and hold the rest with SL @ 5450) for now. You may always re-enter calls (5500CE advisable), if Nifty manages to give a breakout above 5485.
Ravii Says:
March 23rd, 2011
Posted at: 2:42 pm
Hello Sunil Rao,
If nifty is not able break 5485 then we can see below 5450?
gayaram Says:
March 23rd, 2011
Posted at: 2:43 pm
CB / Sunil exited today from sail. Please advise when to take position in it again. And also about agropetal level to take delivery.
vandana Says:
March 23rd, 2011
Posted at: 2:44 pm
hi sunil rao, i short jetairways @ 441 but its not getting down, pl tell me what to do at this level?
sooraj Says:
March 23rd, 2011
Posted at: 2:46 pm
SBIN GUD NEWS
Sunil Rao Says:
March 23rd, 2011
Posted at: 2:49 pm
Hi Gitanjali, Most Welcome. yes. Indian markets have already fallen too much too soon without any substantial pullback. Maybe that's the reason for the loss of momentum in the market.
Hi gayaram, All Options prices have 2 parts ... intrinsic value and premium. As of now 5400CE is at 120 when Nifty is at 5470, so intrinsic value is 5470-5400=70 and rest 50 rupees is the premium. This premium decays gradually till expiry and on expiry only the intrisic value is left. You can calculate theta (decay) on any options calculator.
AJ Says:
March 23rd, 2011
Posted at: 2:53 pm
Why the sudden jump in SBBJ?
Das Says:
March 23rd, 2011
Posted at: 2:53 pm
i found the calculation confusing and sold everything. huge loss.
gayaram Says:
March 23rd, 2011
Posted at: 2:54 pm
Hi Sunil Rao, great! thanks. how to update knowledge in technicals.
Sunil Rao Says:
March 23rd, 2011
Posted at: 2:55 pm
Hi Ravii, Not sure yet. No major selling pressure seen as yet.
Hi gayaram, ok. One can enter it above 166, can see 170.
Hi vandana, Not sure about it. Not in my list. But keep a SL for shorts at 5490 on Nifty.
AJ Says:
March 23rd, 2011
Posted at: 2:56 pm
BGR good for BTST?
CB Says:
March 23rd, 2011
Posted at: 3:01 pm
btst - buy Kotak bank at 432, target: 441. Stoploss: 426
AJ Says:
March 23rd, 2011
Posted at: 3:01 pm
Kartik,
Any idea about SBBJ? it has bounce back in last 15 mins...can it cross 570today?
how are the charts of BGR?
ramaswamy Says:
March 23rd, 2011
Posted at: 3:01 pm
hello cb sir
sintex futrue sell sir holding sir plse advice
CB Says:
March 23rd, 2011
Posted at: 3:02 pm
Hi AJ, yes
just came online.
CB Says:
March 23rd, 2011
Posted at: 3:02 pm
Hi ramaswamy, it looks weak. hold it till tomorrow.