Quotes with Resistance & Support
Market Information

Intraday calls for 29-06-11

Posted on: June 29th, 2011 at 8:31 am

Markets likely to open higher, Resistance for nifty is at 5600 and support at 5490

Buy Max India at 188, Target: 195, SL 182 – (exit position at 186)

12.02pm – sell Jet airways at 489.50, target: 480. Stoploss: 500

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523 Responses

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Comment pages: 232425262728293031Show all

  1. arun bj Says:
    June 29th, 2011
    Posted at: 2:45 pm

    hi sunil rao good noon . . . ll see nifty tomo 5650. . . please guide my 2.01 pm query . .


  2. DS Says:
    June 29th, 2011
    Posted at: 2:47 pm

    Dear Mr Rao,

    Shd we hedge instead?


  3. shiva Says:
    June 29th, 2011
    Posted at: 2:47 pm

    Hi Sunil Rao, if nifty managing to close below 5604 , can i hold 5600 put??


  4. Vishal Says:
    June 29th, 2011
    Posted at: 2:49 pm

    Hi CB, Sunil Rao - If Nifty closes below 5605, can i take my Nifty PE lots for tomorrow or sell today itself


  5. strader Says:
    June 29th, 2011
    Posted at: 2:49 pm

    how is M&M @ 690 and Bharti @401 for Jun long series?


  6. Lalith Says:
    June 29th, 2011
    Posted at: 2:50 pm

    Hi Sunil Rao, any calls?


  7. DS Says:
    June 29th, 2011
    Posted at: 2:53 pm

    Dear Mr Rao,

    Shd we not sell more of Jet now....i mean market is up by 200 but its not up much....doesnt that mean its showing weakness.....and will fall heavily as soon as the market tanks, which is going ot happen any moment?


  8. thavva Says:
    June 29th, 2011
    Posted at: 2:55 pm

    Hi Sunil Rao, Exit short here as nifty hovering around 5600?


  9. Sunil Rao Says:
    June 29th, 2011
    Posted at: 2:57 pm

    Hi Vishal, Tomorrow, being the day of expiry, would advice to exit today itself and initiate fresh trades tomorrow as per market conditions.


  10. Kartik Says:
    June 29th, 2011
    Posted at: 2:57 pm

    sorry guys, just came back

    Hi thavva, hold with a SL at 5610

    Hi DS, dont add more of it since Markets are trading strong

    Hi strader, Bharti looks good, keep a SL at 390


  11. shiva Says:
    June 29th, 2011
    Posted at: 2:58 pm

    kartik..is it advised to buy 5600 pe now?


  12. Kartik Says:
    June 29th, 2011
    Posted at: 2:58 pm

    Hi Sunil Rao, GA, thanks


  13. SAI Says:
    June 29th, 2011
    Posted at: 2:58 pm

    Hi Sunil Rao booked in shorts twice with small profits. Thanks.


  14. bhuvana Says:
    June 29th, 2011
    Posted at: 2:59 pm

    hai sunil ytitan holding up at 212/ holding 2000 shares @221 watto dohold or exit by booking loss


  15. Kartik Says:
    June 29th, 2011
    Posted at: 2:59 pm

    Hi shiva, would be better to wait till tomorrow


  16. thavva Says:
    June 29th, 2011
    Posted at: 2:59 pm

    Hi Kartik, Ok, thanks kartik

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