Quotes with Resistance & Support
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Intraday calls for 25-03-11

Posted on: March 25th, 2011 at 8:27 am

Markets likely to open higher,Support for Nifty is at 5480 and resistance at 5550

Buy Ashok Leyland around 56.50, Target: 59, SL 54

11.05am – buy LIC housing finance at 205, target: 211. Stoploss: 200 (1-2 days)

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679 Responses

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  1. Abdullah Says:
    March 25th, 2011
    Posted at: 12:58 pm

    Hi SAI, BIG BIG resistance at 5600 (spot). As expiry is near, can be choppy but with a positive bias.
    For Fut, resistance at 5600 & 5630. Supp 5550.
    Rounding boottom formation on hourly charts, so can test 5600,5630,5650.
    Having said that, a word of caution --- profit booking can happen anytime.


  2. shiva Says:
    March 25th, 2011
    Posted at: 12:59 pm

    Hi Kb / Abdullah, can i buy unitech put?


  3. Sunil Rao Says:
    March 25th, 2011
    Posted at: 1:05 pm

    Good Afternoon All ...


  4. Abdullah Says:
    March 25th, 2011
    Posted at: 1:07 pm

    Hi Sunil Rao, GA :)


  5. MICKY Says:
    March 25th, 2011
    Posted at: 1:07 pm

    hi sunil rao gd aftrnoon do u see marktes goin dwon from here


  6. Akash Says:
    March 25th, 2011
    Posted at: 1:07 pm

    Hi Sunil Rao, GA. I bought LIC 210 CE call at 2.50. CMP is 3. Can I hold for target 7 today or in 2-3 days?


  7. Gitanjali Says:
    March 25th, 2011
    Posted at: 1:07 pm

    Hi Sunil Rao, Hi Kb, Geethika.. how is the mkt looking now ..pl?


  8. Sunil Rao Says:
    March 25th, 2011
    Posted at: 1:07 pm

    Today's close of Nifty very crucial ... a close above 5595 ... leads Nifty to 5830 levels in 1-2 weeks.


  9. Sunil Rao Says:
    March 25th, 2011
    Posted at: 1:09 pm

    Hi Abdullah, Good Afternoon :)


  10. Ravi Says:
    March 25th, 2011
    Posted at: 1:13 pm

    Hi Sunil, Holding 5600 put at 56. Now it is 38. Should I hold or exit. I m in huge loss


  11. K K Says:
    March 25th, 2011
    Posted at: 1:13 pm

    How is FT Financeial Technology ??? Shall I enter 820 level now ?


  12. Abdullah Says:
    March 25th, 2011
    Posted at: 1:14 pm

    Hi shiva, Can be a very risky bet. Better to avoid it for now


  13. Gitanjali Says:
    March 25th, 2011
    Posted at: 1:14 pm

    Hi Kb, SMA 9 and EMA 30 .. ..are they good indicators to use .. pl?


  14. Sunil Rao Says:
    March 25th, 2011
    Posted at: 1:15 pm

    Hi Ravi, Exit on any rise for now. Nifty looks very strong above 5595.


  15. K K Says:
    March 25th, 2011
    Posted at: 1:16 pm

    Hi Sunil Rao,
    How is FT Financial Technology ??? Shall I enter 820 level now ?


  16. Akash Says:
    March 25th, 2011
    Posted at: 1:16 pm

    Hi Sunil Rao, Pls advise if I can hold LIC 210 CE call for target 7?

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