Quotes with Resistance & Support
Market Information

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: 181920212223242526Show all

  1. Pradeep Says:
    August 23rd, 2011
    Posted at: 1:11 pm

    Hi Sunil Rao, Dear can i hold dlf future long for some more time?


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

    Hi Abdullah, :)


  3. YOGI Says:
    August 23rd, 2011
    Posted at: 1:13 pm

    Hi Abdullah, insted of chosing 120ce 110 was right (of idfc) low risk is fine right


  4. SAI Says:
    August 23rd, 2011
    Posted at: 1:13 pm

    HI SUNILJI, BOOKED IN NIFTY TOO :)) THANKS.


  5. Sunil Rao Says:
    August 23rd, 2011
    Posted at: 1:14 pm

    Hi Pradeep, Spot has resistance near 186.5, try to exit on rise. If you hold, keep SL below 183.5. All are spot prices.


  6. SAI Says:
    August 23rd, 2011
    Posted at: 1:14 pm

    HI SUNILJI WHATS YR VIEW ON HDFC.


  7. Sunil Rao Says:
    August 23rd, 2011
    Posted at: 1:15 pm

    Hi SAI, Most Welcome.


  8. sanzy Says:
    August 23rd, 2011
    Posted at: 1:16 pm

    SunilRaoji,
    i am holding 5000CE at 16...pls advice when should i book profit


  9. SB Says:
    August 23rd, 2011
    Posted at: 1:16 pm

    Hi SAI, Hey where were u yaar ?


  10. Abdullah Says:
    August 23rd, 2011
    Posted at: 1:17 pm

    Hi Sunil Rao, :)
    Hi YOGI, Yes. Was not tracking IDFC. But saw the graph now. Nice. Good one :)


  11. Sunil Rao Says:
    August 23rd, 2011
    Posted at: 1:17 pm

    Hi SAI, looks good, if it holds above 648.5, can see 645-55, keep strict sl below 647


  12. JR Says:
    August 23rd, 2011
    Posted at: 1:19 pm

    Sunil Sir...
    Should i but 4900 Pe @22 for current series...


  13. Abdullah Says:
    August 23rd, 2011
    Posted at: 1:19 pm

    Initiate "Master Caution" for Nifty in very short term. But staying above day's high for sometime, can prove otherwise....


  14. Sunil Rao Says:
    August 23rd, 2011
    Posted at: 1:20 pm

    Hi sanzy, Would advice to book 75% for now. May hold the rest with trailing sl below 4934


  15. Kb Says:
    August 23rd, 2011
    Posted at: 1:20 pm

    i booked earlier.. this 30 points was risky :))


  16. thavva Says:
    August 23rd, 2011
    Posted at: 1:21 pm

    Hi Sunil Rao, I also booked in 4900 ce bought @ 60 and booked @ 80. Thanks for sharing nifty levels :)
    Hi Abdullah, small profits or huge ? :)

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