Quotes with Resistance & Support
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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.

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453 Responses

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  1. sanzy Says:
    August 29th, 2011
    Posted at: 2:04 pm

    Sunil Rao ji,

    thanks for ur advice on JP Associates...
    booked profit in 50% holding at 57.5
    shalli hold remaining 50% till tomorrow or exit at EOD


  2. akalya Says:
    August 29th, 2011
    Posted at: 2:05 pm

    sure yogi..


  3. Kartik Says:
    August 29th, 2011
    Posted at: 2:05 pm

    Hi MM, ok, keep a trailing SL at 4890 and hold it for a target of 4940 by tomorrow


  4. zeyus Says:
    August 29th, 2011
    Posted at: 2:06 pm

    Hi Kartik, huge loss on Relcap ! what to do ? Can I short from here ?


  5. Kartik Says:
    August 29th, 2011
    Posted at: 2:06 pm

    Hi zeyus, no, dont go short on it, wait for some time


  6. MM Says:
    August 29th, 2011
    Posted at: 2:10 pm

    Thanks a lot , KARTIK SIR


  7. $tyle Icon Says:
    August 29th, 2011
    Posted at: 2:10 pm

    DOW futures up can see further up move 2mro..


  8. Lalith Says:
    August 29th, 2011
    Posted at: 2:13 pm

    Hi Kartik, holding 4900 CE shorts, please advise if we would see any profit booking from here?


  9. sanzy Says:
    August 29th, 2011
    Posted at: 2:13 pm

    at what level can i buy 4900PE


  10. Kb Says:
    August 29th, 2011
    Posted at: 2:14 pm

    ooooooo im back again .....


  11. Shiv Says:
    August 29th, 2011
    Posted at: 2:15 pm

    HI Kartik can i enter 4900 PE ?


  12. Sunil Rao Says:
    August 29th, 2011
    Posted at: 2:15 pm

    Hi sanzy, Most Welcome. Would advice exit today itself. may re-enter tomorrow, if it sustains the momentum.


  13. Kb Says:
    August 29th, 2011
    Posted at: 2:16 pm

    If u have long .. hold for target 4950 .. . likely to get a 10/20 point dip to enter. . :))


  14. sandeep Says:
    August 29th, 2011
    Posted at: 2:17 pm

    karthik.................can we buy sUNPHARMA for a target of 490 as its trading right at its 200 DMA?
    plz reply


  15. Kb Says:
    August 29th, 2011
    Posted at: 2:18 pm

    Hi Sunil Rao, GA . .

    Hi Kartik, GA


  16. Sunil Rao Says:
    August 29th, 2011
    Posted at: 2:19 pm

    Hi Kb, GA, wb

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