Quotes with Resistance & Support
Market Information

Intraday calls for 23-06-11

Posted on: June 23rd, 2011 at 8:29 am

Markets likely to open flat, Resistance at 5320 and support at 5200

Buy Amar remedies at 102, Target: 106, SL 99

Facing power issues. Will be back online around 5pm.

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413 Responses

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  1. Shravan Says:
    June 23rd, 2011
    Posted at: 4:20 pm

    Hello...

    I wasnt ablt to squareoff my Nifty Puts today..
    suffering 80% loss on my Nifty 5200 Puts.. any chances to reach that level from cmp.

    Market played a good prank tday


  2. CA.Tejas Says:
    June 23rd, 2011
    Posted at: 4:21 pm

    Hi CB, Can u tell me why there is so much of down fall in GTL and GTL infra for more than 60 - 70 % within 2 - 3 days time.... Is there any BAD NEWS.....

    Whether it is the right time to enter in samll qty....


  3. arun bj Says:
    June 23rd, 2011
    Posted at: 4:23 pm

    hi sunil rao good evening . . I spoke to my broker regards . They charged 300 for option trading . They accept to revised it . . .they charged wrongly . . .


  4. manish soni Says:
    June 23rd, 2011
    Posted at: 4:26 pm

    I have 1300 shares of onmobile with average of 110. Kindly suggest.


  5. Avinash Says:
    June 23rd, 2011
    Posted at: 4:31 pm

    One more thing about margins i forgot to mention, for round 200 stocks they give 10 times and the rest 5 times. Trading available only on NSE.


  6. Shiv Says:
    June 23rd, 2011
    Posted at: 4:33 pm

    Hi Avinash, thanks for the response.. :)
    So do u suggest one can take it.. i'm a small budget trader/investor.. but these brokerages eat up most of the profits and adds more to the loss.. :) currently using sharekhan with high brokerage


  7. Avinash Says:
    June 23rd, 2011
    Posted at: 4:39 pm

    I can only tell u that i'm a low volume trader and new to share markets. For me even 300rupees is a big amount...so if the brokerages are low...i can get out of a trade with the rise or fall of just .50paisa to 1 rupee...which is a lot less risky and zerodha;s brokerage means i do 1 trade with a profit of 300..i still get atleast 150 after all charges.

    The offer is either 20 rs flat per order or 0.01% & 0.1% so you can choose depending on ur needs. I feel i am not qualified enuf to suggest if you must take it, i can only vouch for zerodha's genuinity here.


  8. Shiv Says:
    June 23rd, 2011
    Posted at: 4:45 pm

    Hi Avinash, Thanks for the frank suggestion.. i'm no diffrent than u are.. your last line was jst enuf for me.


  9. Kartik Says:
    June 23rd, 2011
    Posted at: 4:46 pm

    sorry guys, was not able to come online due to power issues

    Hi manish soni, it looks weak, dont add more, would be better to exit and re-enter on dips

    Hi CA.Tejas, there was some news of pledging of shares by the promoter's, upto 25%

    Hi Shravan, we have been trading very volatile lately, lets wait to see how U.S Markets react tonight


  10. Sunil Rao Says:
    June 23rd, 2011
    Posted at: 4:46 pm

    Hi arun bj, GE, Great!


  11. Sunil Rao Says:
    June 23rd, 2011
    Posted at: 4:47 pm

    Hi Kartik, GE, Welcome Back.


  12. CA.Tejas Says:
    June 23rd, 2011
    Posted at: 4:49 pm

    Hi Kartik, whether can be bought now...


  13. Kartik Says:
    June 23rd, 2011
    Posted at: 4:53 pm

    Hi rameshb, have, but long power cuts

    Hi Sunil Rao, GE, thanks

    Hi CA.Tejas, no, it looks weak, wait for some time


  14. Lalith Says:
    June 23rd, 2011
    Posted at: 4:53 pm

    Hi Kartik, last hour recovery in GTL, is it reliable for coming days???


  15. shiva Says:
    June 23rd, 2011
    Posted at: 4:56 pm

    Hi Sunil Rao, GE...what should be my strategy for 5200 put of JULY..holding @ 90..cmp 68


  16. Kartik Says:
    June 23rd, 2011
    Posted at: 5:01 pm

    Hi Lalith, could add some more gains if Markets manage to see some more recovery ahead

    Hi rameshb, :)

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