Quotes with Resistance & Support
Market Information

Intraday calls for 29-08-11

Posted on: August 29th, 2011 at 8:25 am

Markets likely to open higher. Resistance for nifty is at 4840.

Buy Hindustan Unilever Ltd at 320, target: 327. Stoploss: 316.

Trade in small quantity

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453 Responses

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  1. Sunil Rao Says:
    August 29th, 2011
    Posted at: 12:19 pm

    Hi Chandan, Dont enter for short term as yet. You may however add on dips for mid-term.


  2. Sunil Rao Says:
    August 29th, 2011
    Posted at: 12:21 pm

    Hi MM, All Spot prices


  3. MM Says:
    August 29th, 2011
    Posted at: 12:25 pm

    Hi Sunil Sir
    THANK YOU SIR


  4. dilip Says:
    August 29th, 2011
    Posted at: 12:28 pm

    Hi,

    Can you please suggest some stock for long term investment. I want to invest 80K within next week for an year...

    Thanks


  5. Aravind Says:
    August 29th, 2011
    Posted at: 12:32 pm

    Hi Sunilji,
    l had 50 pantaloon @515.What can l do in the present situation for covering my big loss.
    pls tell me the nearest tgt of this.l thought l sell this then re-enter for covering loss. All other my stock also in 50% loss.pls guide me.


  6. Mohan Says:
    August 29th, 2011
    Posted at: 12:34 pm

    Hi Sunil Rao, gud afternoon..

    bought SBI 1900 P.E @105...should i hold or exit?..please suggest...


  7. Sunil Rao Says:
    August 29th, 2011
    Posted at: 12:41 pm

    Hi MM, Most Welcome.

    Hi Aravind, You hold pantaloon at all time highs. Is currently seeing good support near 240 levels. Will need to hold them for long term. Pls wait for the market cycle to turn. Then avg. it on dips. Till then, try to trade intraday on it to cover losses.


  8. gayaram Says:
    August 29th, 2011
    Posted at: 12:41 pm

    Hi Sunil Rao/kb, Software problem and now only rectified. didn't traded today. shall i enter a nifty ce now for a small profit.


  9. gayaram Says:
    August 29th, 2011
    Posted at: 12:44 pm

    Hi Sunil Rao, GA. Is the trend changed or nifty gives chances to exit from longs.


  10. gayaram Says:
    August 29th, 2011
    Posted at: 12:46 pm

    Hi KB, Wav! almost nearing yur targest!.


  11. Sunil Rao Says:
    August 29th, 2011
    Posted at: 12:46 pm

    Hi Mohan, GA, Keep SL @ 1985 (spot), Exit on days of market dip.

    Hi gayaram, May enter a ce, if Nifty sustains above 4876 for a few mins for a target of 4903.


  12. sureesh Says:
    August 29th, 2011
    Posted at: 12:52 pm

    hi sunil/
    hi cb
    bfutil intra day target?


  13. SB Says:
    August 29th, 2011
    Posted at: 12:52 pm

    Hi Sunil Rao, Hi g , I have recommended a buy in Nifty Fut @ 4869 , Now trading @ 4892 !


  14. sanzy Says:
    August 29th, 2011
    Posted at: 12:52 pm

    Sunil Rao ji,

    shall i hold on JP Associates 55CE till EOD or should i book now...


  15. mohit Says:
    August 29th, 2011
    Posted at: 12:54 pm

    Hello,
    Looking to buy sesagoa 190 PE @ 6 rs and sell 230 CA @ 3 rs.. Please advice..Shall i go through with this trade?


  16. SB Says:
    August 29th, 2011
    Posted at: 12:55 pm

    Hi Sunil Rao, If nifty trades above 4900 levels and stay tuned with the volume , nifty with see 4930-4950 levels before closing !

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