Quotes with Resistance & Support
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Intraday calls for 23-08-11

Posted on: August 23rd, 2011 at 8:28 am

Markets likely to open flat, resistance at 4950, Support at 4830

Sell Tata power on rise around 1115-1120, Target: 1090, SL 1135 (trade in small quantity)

11.14am – Buy Reliance ind at 753, target: 765. Stoploss: 742 (book profit at 764)

12.43pm – buy HDFC at 644.50, target: 655-658. Stoploss: 634. trade in small quantity.

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580 Responses

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Comment pages: 789101112131415Show all

  1. Sunil Rao Says:
    August 23rd, 2011
    Posted at: 11:11 am

    Hi YOGI, yes, still some upmove left. downward momentum reduced from -1206 to -1035 yesterday. still expecting some more, if not today, then in a day or 2.


  2. Kb Says:
    August 23rd, 2011
    Posted at: 11:11 am

    Nifty can test top again .....


  3. Sunil Rao Says:
    August 23rd, 2011
    Posted at: 11:12 am

    Hi SAI, Thank you very much :)


  4. Kb Says:
    August 23rd, 2011
    Posted at: 11:12 am

    Hi Sunil Rao, HI SUNILJI - HAPPY BIRTHDAY !!


  5. Kumar SS Says:
    August 23rd, 2011
    Posted at: 11:13 am

    hI cb..holding dena bank @85. What to do in this? ALso plz advise which nifty option to enter for next series. Olz advise a less expensive bet.


  6. CB Says:
    August 23rd, 2011
    Posted at: 11:13 am

    Buy reliance ind in small quantity at 753, target: 765. Stoploss: 742


  7. JR Says:
    August 23rd, 2011
    Posted at: 11:15 am

    Happy B'day Sunil Sir


  8. raj Says:
    August 23rd, 2011
    Posted at: 11:16 am

    b sould i exit LNT sort postion???


  9. K K Says:
    August 23rd, 2011
    Posted at: 11:16 am

    Hi Sunil Rao,
    Many Many Happy Returns of the Day!!!!


  10. dak Says:
    August 23rd, 2011
    Posted at: 11:16 am

    CB, your reliance call - can I buy call option instead ?


  11. Micky-intraday Says:
    August 23rd, 2011
    Posted at: 11:17 am

  12. Sunil Rao Says:
    August 23rd, 2011
    Posted at: 11:17 am

    Hi Kb, Thanks Doc!


  13. CB Says:
    August 23rd, 2011
    Posted at: 11:17 am

    Hi namonia, axis can head upto 1082

    Hi Kb, :)

    Hi Sunil Rao, Wish you a very Happy Birthday

    Hi Kumar SS, yes, hold for now. can expect some recovery after recent fall. go with 4900 call for now


  14. Abdullah Says:
    August 23rd, 2011
    Posted at: 11:17 am

    Hi Sunil Rao, Its your birthday??? Many many happy returns of the day !!!


  15. CB Says:
    August 23rd, 2011
    Posted at: 11:17 am

    Hi raj, hedge with a 1600 call for now

    Hi dak, yes.


  16. sandeep Says:
    August 23rd, 2011
    Posted at: 11:18 am

    cb..............y hero honda is not moving up inspite of bajaj auto moved up by abt 7% from yesterday?

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