Quotes with Resistance & Support
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Intraday calls for 29-03-12

Posted on: March 29th, 2012 at 8:24 am

Markets likely to open lower. Support for nifty is at 5140.

If markets show recovery later during the day, buy: GMR infra

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368 Responses

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  1. Das Says:
    March 29th, 2012
    Posted at: 1:32 pm

    I have 5100CE @65. at what level i should exit


  2. CB Says:
    March 29th, 2012
    Posted at: 1:33 pm

    Hi Sourabh, hold for now. keep common sl at 5140 on nifty

    Hi Das, hold for now. sl at 5140


  3. Das Says:
    March 29th, 2012
    Posted at: 1:36 pm

    at what level you see market closing today


  4. SM Says:
    March 29th, 2012
    Posted at: 1:37 pm

  5. CB Says:
    March 29th, 2012
    Posted at: 1:37 pm

    Hi dineshknp, ok..

    Hi Das, possibly near 5180


  6. CB Says:
    March 29th, 2012
    Posted at: 1:38 pm

    Hi SM, good afternoon


  7. CB Says:
    March 29th, 2012
    Posted at: 1:38 pm

    ill be back in 1 hour.


  8. SM Says:
    March 29th, 2012
    Posted at: 1:39 pm

    Hi CB, Only less than 2 hours... hence volatility. Will watch now from the sideline :D


  9. Dinesh Kumar Says:
    March 29th, 2012
    Posted at: 1:46 pm

    SM, what will your opinion about NIFTY....


  10. SM Says:
    March 29th, 2012
    Posted at: 1:51 pm

    Hi Dinesh Kumar, not sure as of now. spot finding supp at 200 dma (simple). lower we have supp at 5080. being expiry, expect volatility anytime


  11. Sanjay Says:
    March 29th, 2012
    Posted at: 1:52 pm

    Good After Noon CV/Kartik,

    Can "lanco infratech" again touch 18.00 for today intraday?Pls reply


  12. Imran khan Says:
    March 29th, 2012
    Posted at: 1:52 pm

    Afternoon SM :) how are you bro


  13. SM Says:
    March 29th, 2012
    Posted at: 1:53 pm

    Hi Imran khan, im fine, hope u r too :)


  14. Imran khan Says:
    March 29th, 2012
    Posted at: 1:54 pm

    HI SM,

    I am also doing good, now just waiting and watching the market will check with CB and go with 5300 call tomorrow, what is your opinion


  15. SM Says:
    March 29th, 2012
    Posted at: 1:57 pm

    Hi Imran khan, yes, can do so, BUT we will have to see whether 200 dma holds on a closing basis. can also consider 5200CE. closing is very imp to me :)


  16. Imran khan Says:
    March 29th, 2012
    Posted at: 2:01 pm

    oh ok, sure will wait now and watch, did you traded anything today

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