Quotes with Resistance & Support
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Intraday calls for 30-03-11

Posted on: March 30th, 2011 at 8:40 am

Markets likely to open flat, Support for Nifty at 5650, resistance at 5780

Buy Rcom at 109.50, Target: 115, SL 105

10.15am – book profit in M&M at 700 (BTST call)

10.39am – buy BF utility at 800-803, target: 812-815. Stoploss: 790 – (Continue to hold BF Utility)

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519 Responses

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  1. Sunil Rao Says:
    March 30th, 2011
    Posted at: 11:05 am

    Hi Akash, Hold Venkeys for 1-2 days. Rcom can see 120 levels if it sustains above 110.

    Hi thavva, Not sure yet.


  2. thavva Says:
    March 30th, 2011
    Posted at: 11:06 am

    Hi Kb, bye Kb


  3. Sunil Rao Says:
    March 30th, 2011
    Posted at: 11:06 am

    Hi Kb, Good Morning, Take Care.

    Hi SAI, Most Welcome.


  4. Vishal Says:
    March 30th, 2011
    Posted at: 11:08 am

    hi Sunil Rao, Your views on Acropetal... can we enter it at CMP for short/medium term


  5. Siddharth Says:
    March 30th, 2011
    Posted at: 11:08 am

    Hello Kartik

    I want to buy subex , selmcl , sahyadri industries . Should i buy at a current price or should i wait . What tgt do you see short term - medium term.


  6. Akash Says:
    March 30th, 2011
    Posted at: 11:09 am

    Hi Sunil Rao, Ok. Holding VENKEYS then. But it is going down and now at 602. Will it see 700+ in 1-2 days? When we can expect 150+ in RCOM? 1-2 weeks?


  7. chetan Says:
    March 30th, 2011
    Posted at: 11:09 am

    HI Sunil/CB/Kartik,

    still holding Renuka@73 and its going down everyday. should i exit ?


  8. Manoj Says:
    March 30th, 2011
    Posted at: 11:10 am

    hi sunil rao

    ur 5800 ce for march done so good

    any call or put option (nifty) for 2 or 3 day


  9. Sunil Rao Says:
    March 30th, 2011
    Posted at: 11:18 am

    Hi Akash, Can see 665-670 in short term. Not sure of 150 on Rcom yet.

    Hi chetan, Its near very strong support levels of 68-69 ... can give a good bounce in near term ... hold it with SL @ 68 (Closing basis)

    Hi Manoj, One can enter 5600 Put April series near 5840 level keeping SL at 5925-30 on Nifty.


  10. shiva Says:
    March 30th, 2011
    Posted at: 11:23 am

    Hi Sunil Rao, assuming that short covering has already taken place, can we see expiry above 5850??


  11. SDM Says:
    March 30th, 2011
    Posted at: 11:25 am

    Hi...CB/Kartik,

    any target for LICHSFIN....??? can see 230 levels today...?

    pls advice


  12. Sunil Rao Says:
    March 30th, 2011
    Posted at: 11:28 am

    Hi shiva, Not sure yet ... We could see some profit booking coming in at higher levels.


  13. JANSI Says:
    March 30th, 2011
    Posted at: 11:29 am

    Hi,

    what is L&T's target in near term and in what period of time


  14. Sunil Rao Says:
    March 30th, 2011
    Posted at: 11:32 am

    Hi SDM, Strong resistance @ 228-228.5 ... Can test it.


  15. CB Says:
    March 30th, 2011
    Posted at: 11:33 am

    Hi JANSI, can see 1710 in short term

    Hi SDM, can see 230-232


    just came online.


  16. Achauhan Says:
    March 30th, 2011
    Posted at: 11:35 am

    HI CB, ur view on ispatind april fut..??can it test 23 today>?

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