Quotes with Resistance & Support
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Intraday calls for 24-03-11

Posted on: March 24th, 2011 at 8:24 am

Markets likely to open flat, Resistance for nifty is at 5550 and support at 5430

Buy BGR around 470, Target: 480, SL 462

10.16am – book profit in Kotak mahindra (BTST) at 441-442

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573 Responses

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  1. Kb Says:
    March 24th, 2011
    Posted at: 11:02 am

    Nifty should test 5480 .. i guess. . .


  2. thavva Says:
    March 24th, 2011
    Posted at: 11:03 am

    Hi shiva, If nifty sustain above 5515 i think you can exit from profit. watch nifty and take your call till CB or other experts can answer your question


  3. SAI Says:
    March 24th, 2011
    Posted at: 11:04 am

    HI YOGI, PLS GIVE ME YR VIEW ON THIS
    Technical Event: Nifty Spot has moved above its 50 day simple moving average (5501) for the first time since Jan 6,11. A close above this level could bode well for the Index in short term with target of 5600-5650 levels. Key support remains at 5400.


  4. AJ Says:
    March 24th, 2011
    Posted at: 11:07 am

    Good time to exit smartlink and buy lower??


  5. shiva Says:
    March 24th, 2011
    Posted at: 11:08 am

    Dear friends... i took risk and bought infosys ce 3000 @ 37...cmp 44...it looks weak below 3030 but IT sector is doing well so it miight follow i ttoo..what to do? exit with 1k profit?


  6. Sunil Rao Says:
    March 24th, 2011
    Posted at: 11:09 am

    Good Morning All ...


  7. shiva Says:
    March 24th, 2011
    Posted at: 11:11 am

    Good morning Sunil Rao...ssup..wats ur trade today?


  8. Siraj Says:
    March 24th, 2011
    Posted at: 11:11 am

    Morning Sunil Rao,
    Please suggest i have 10 lots of Nifty short @ 5454

    what to do


  9. SAI Says:
    March 24th, 2011
    Posted at: 11:17 am

    HI SUNIL RAO, GOOD MORNING.


  10. Yogi Says:
    March 24th, 2011
    Posted at: 11:18 am

    Hi SAI, yes sai
    forget about 20sma ,50 sma that may chang point to point every day but simply abserve --crude ---gold ---equity (brent crude at 115 $ now due to libia issue so market wil ome down soon)


  11. Yogi Says:
    March 24th, 2011
    Posted at: 11:19 am

    Hi Sunil Rao, namaskaari


  12. ams Says:
    March 24th, 2011
    Posted at: 11:19 am

    Hi Sunil Rao,

    What is the short term target for IFB Industries and REC?


  13. Sunil Rao Says:
    March 24th, 2011
    Posted at: 11:20 am

    Nifty opened gap-up and gave a breakout above 5485 level and moved up without testing 5485 level ... this indicates the upmove may lack strength to reach next level of 5552 and may fall back to 5485 level before taking a further direction.


  14. gayaram Says:
    March 24th, 2011
    Posted at: 11:22 am

    Hi Sunil Rao, gm


  15. Sunil Rao Says:
    March 24th, 2011
    Posted at: 11:22 am

    Hi shiva, Good Morning ... Nothing as yet :(

    Hi SAI, Good Morning. :)

    Hi Yogi, Good Morning. :)


  16. Sunil Rao Says:
    March 24th, 2011
    Posted at: 11:24 am

    Hi ams, Not sure about them.

    Hi gayaram, Good Morning :)

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