Good Moring CB Sir...any call for intraday

im holding ntpc at 203 what to do where to exit the position

Oc which price i should buy ACC

Hi JR, around 1015

Hi Rams, not yet, wait for some time

Hi thavva, no

hi CB,
Good Morning !!

hi karthik , how will be the market today?

Hi kiran, likely to see some consolidation today, around 5750

hi karthik , can i short chambel, unitech or suzlon in opening rates?

Hi Kartik ... GM

Waht About Hindalco Today

hi Karthik;

good morning,
plz suggest me a script for FNO trade for today

Hi Chetan Kumar, it can see some recovery, around 225

Hi bharati, no new call yet

Hi stocks, Smartlink looks good

HI sir. How do you say about the banking sectors today? IS it likely to go down? .

can i buy GREAVES COTTON for intraday?

can i buy JBF IND @ cmp...what d the charts suggest?

Hi kiran, ACC looks good

Hi AJ, it looks weak below 180, next support at 160, wait for some time

hi kartik wat rate i put stop for acc?

Hi abhi, Patni, can see 470 today, uniphos , rcom are more of Market movers and might take some time to recover with the Markets, continue to hold them

hi karthik ,what s the target 4 acc?

Hi kiran, 1035

Hi thangavel, most welcome

I buy hindalco 2000 shares at 242 can i hold it plz say any advice

Hi Kartik, Shud I hold XPRO India (bought at 74) or sell in loss and buy Bal Pharma for 1 week target 55?

HI Karthik, Hw about shorting TCS?

Hi abhi, yes, we look weak below 5800

Hi protap, it can be entered for Short term at CMP

Hi Akash, continue to hohld XPRO for short term

Hi Ameeruddin, yes, continue to hold it for Short term

Hi Ajesh, no, dont go short today

can i buy EVERON or exide for a bounce?? which one looks better?

hdfc today target and stop loss for intraday

(Derivatives Desk)> SECURITIES IN BAN PERIOD : KFA AND ORCHIDCHEM

HDFC today target and stop loss for intraday.

ok sir then what strategy shld we follow ...any bank or any script to short for pure intraday pls?

Hi Ravi, looks weak, dont go long on it yet

Hi Luckvijay, around 263

can i buy BF UTIL for itnraday?

Hi sal, no, dont enter it yet

Hi AJ, not yet

Hi Raghu, continue to hold it for Short term

Hi mumtaz alam, continue to hold it for a months time, it can see 72

Hi sal, not yet

Hi kiran, no, dont go short yet

can i buy nifty

how much more will KIRI DYES correct?
Can i buy at these levels?

Hi Kartik, Can I buy LIC at CMP?

Hi Kartik, I have Tulsi 700 shares @ 67 ; cmp = 26 ! Do I need to hold a long time or its beeter to withrdraw money and invest in some other nice shares ?

shall i place a sell at 60 pls? can it hit that today...alos mkts rising still u want me to exit kya pls? tell me fast

Hi SAGAR, continue to hold it for Long term

can i buy nifty..

sirji wat to do for coreprotec?

can i enter jindal poly for intraday

Some analyst told to buy Patni for a target of 500....the stock has tanked in the morning

I have 200 shares of smartlink @ 68. Should I add more? How is devgas at current price level?

karthik.............wats ur vies on LNT AND GAIL? I'm holdingLNT 1950 CALL@10 and GAIL 540 [email protected] for the current series? can they see higher levels? can LNT bounce back as its hugely oversold?

pls suggest me about balram also..can it fall more would it be better to exit it alos once if it can fall more and enter again later pls?

Support level for JUBL FOODs plzz

Sir any intraday day call

gm sir

Hi Kartik, How is SHopper's Stop at CMP for min 500% return in 2 years?

Hi Kartik, Bought 200 AXISBANK at 1269 for intraday. Will it move up or what is SL

IGATE'S OPEN OFFER FOR 20.6 PCT IN PATNI COMPUTER TO START MARCH 4, 2011

IGATE MAKES OPEN OFFER FOR 20.6 PCT IN PATNI COMPUTER

IGATE'S OPEN OFFER FOR 20.6 PCT IN PATNI COMPUTER PRICED AT 503.50 RUPEES/SHARE

HI I AM -20% IN MSK PROJECT WILL IT RECOVER IN SHORT TERM OR MED TERM? ANY BAD NEWS ON IT OR GENERAL MARKET AFFECT?

BUY SBI 2600 CE @ 71 , SL 51 , TGT 111

hi good morning karthik,githanjali,Mac and sagar

BOOK 50 % IN BANK NIFTY AT 10865

Hi ARAVIND, hold it for now. dont avg it yet. keep it for short term.

Hi rameshb, yes, try and exit on rise near 740 for now.

just came online.

Hi CB, I am in big loss in XPRO. Shud I sell that and buy SBI which is 45 Rs. up today. Target 3500+ in few days.

hi cb
can i short acc above1040

Where is the support for JUBL FOODS?

Hi kt, has some resistance at 1050. short if its unable to cross it for some time

Hi AJain, Good morning. as of now no new call. would advice to hedge longs with a 5800 call on some more rise

Hi AJ, has storng support near 545-550

Hi CB, Ok. But can I buy some penney stock like Sambhav Media etc if they can be min 300% in few days. I have just 3200 at this time and I need to make it min 30000 in a month :(

Hi AJ, 555 sup (jub food)

sirji wat to do for coreprotec as 278sl triggered?

Asked at 10.00 Am - Can we buy 5800 ca now?

HI CB..Can u suggest some mutual funds for tax saving for long term?

Hi CB, Thanks
ls this a suitable tme to enter any stocks.

Sir What is next resistance for nifty..

What level i can see renuka today

Hi vijay, renuka can see 84.50-85. nifty can test 5820

Ok CB. Please do suggest some penny stocks too for 15-20 days time frame

HI CB, holding Reliance and ICICI bank options with little profits can you please suggest the best price to book profit

Hi ARUN, hold for some more time.seems can add some more.

Target for Powergrid bought @ 98.35

Thanks CB..any idea on DSP BR Micro Cap fund??

BSE BLOCK DEAL: AXIS BANK 49213 SHARES AT 1278.00 INR

BSE BLOCK DEAL: HAVELLS INDIA 148000 SHARES AT 359.00 INR

Hi CB, Bought 200 AXISBANK at 1269 for intraday. Will it move up or what is SL

CB ... Can i short Hindalco or unitech in Fut segment

cb do you rememeber on 5th Jan you said renuka will touch 108 by expiry... i am still holding it bought @ 98, pls suggest

Hi CB, Can I buy something like Birla Power etc.. Once I earned 300% in less than 2 weeks in Nandan Exim (from 3.55 to 10.50). Pls suggest me something like that....

Hi Deepak7791, hold for now.can see 2235 today

Hi Rams, not yet. wait for some time

Hi ganesh, ok..

Hi raj, yes. guess will need to hold it a bit longer. once markets settle, it will do well.

Hi ganesh, can see 1284

hi CB

any web for europe future data live other than bloomberg

Hi Akash, no, not sure of entering these now

Hi kiran, not yet . looking for some

Hi arjun_chauhan, no, dont avg it yet. for now its a hold

Hi ganesh, most welcome

Hi yogesh, no.. not sure

Hi abhi, no. sks too is a good bet for med/long term. hold it.

CB should i add more in renuka sugars if yes then what levels...

Hi raj, add more near 81

Hi ESWARAN, dont add more of it yet.technically looks a bit weak.. hmt is a hold. keep it for short term.

Hi kiran, some consolidation is expectd after recent downfall

can i buy 5800 put?

CB you suggested buying 5800 call to hedge some loss. I havent done any option trading before. Can you please suggest what price should i enter and when to exit?

shoted nagarjuna constructions at 142 few days back, can i book profit here or can i buy at 122, if it goes up from here i will book profits here and again i will short at 140

Hi CB,
Good Morning ..................
Can I sell all my FCSSOFT & TIRUPATI INKS and buy UNITECH @ CMP ,as it has reached its support levels ?????????

SHARES IN SBI TRADING 2 PCT HIGHER AT 2601 RUPEES; ICICI BANK UP 1 PCT

Premiums for gold bars jumped to their highest in two years on Tuesday as worries about inflation in China, the world's second-largest consumer of the precious metal after India, drove investors to bullion ahead of the Lunar New Year.

Any other call for intraday now?

Hi Vijay, no, not yet

Hi vinod, Good morning. no, these are looking weak. don't enter yet

Hi abhi, no, not yet

Hi Das, not yet. looking for some.

Hi rahul, not yet. looking for some

Hi AJain, ok. then hedge with a put to be on the safe side.

Sir What is next support and resistence for nifty at this level

And your call on tata steel i have @ 630 550 stocks

We are closely watching the level of 5690 on the Nifty futures, We feel that the market has decent support at this levels and a break of 5690 would mean that markets will tank further . On the weekly charts, we wuld then wittness a Lower top lower bottom, which does not bode well for Bulls.

Hi raj, book partial near 660 for now.

Hi CB, If u see in the MSN for 5 years it shows a return as high as +5362% , for 3 Yrs +1786%, 90days +1135%,

Smartlink & Jasch is also going to give like this result can we expect??

@CMP it is advisable to add more of it..

on the upside . the market has resistance at the levels of 6000 and then 6181. A move beyond 6181 will resume a strong upward trend.

Hi CA.Tejas, yes, likely to. dont add more yet. wait for markets to correct further

Hi Mrs Kiran S, book partial for nw.

at this moment i feel that we have seen that the market has fall off the cliff and very quckly lost 400 points on the nifty. To regain 400 points and test january highs will take some effort

ill be back in 30 min

CB sir

for intraday can i enter SBIN @ CMP

U.S.-listed software firm iGate has made an open offer for 20.6 percent in India's Patni Computer Systems, the manager to the offer said in a stock exchange announcement on Tuesday.

On Monday, iGate, backed by private equity firm Apax Partners, acquired a majority stake in Patni for $1.2 billion, marking one of the largest deals in India's technology sector.

The open offer will start March 4 and close March 23.

Hi yogi,
That means PATNI will go up ?

RUPEE RETREATS FROM 3-WK LOW; SHARES WATCHED; TRADING AT 45.36 RUPEES PER DOLLAR

I would look at tatamotors, Sell at current levels or on bounce upto 1225, Stop loss at 1260, tgt 1100

Dear CB,

Please let me know which is the best time to buy TCS.I want to buy some shares.I got some @1140 but it has ghone to 1116 also today.Please suggest if I should wait till tomorrow for buying at like 1095 somewhere or shall I just buy it.

PLSSSSSSSSSS suggest ME.

Thanks
NP

Hi KSB, tvs mot enter 53---57 between, as per rsi the stock is over sold may give good yeild in 3 months

HI CB, kartik sir,
among the foll scripts for intraday buy today , which seems good? HCL, Hindalco, ACC, Bajaj Auto?
Please guide sir

Hi rahul,
BAJAJ-AUTO - OVERSOLD, RSI 22.825 ON EOD DATA

Hi KSB, ttml entry at 18 ,it also comming to over sold position 3 months hold may give 23 asper charts

BYE

karthik,

I missed ACC today. Any other intraday tip for today?

Ramsarup Industries Ltd.

Yr views??

bought ABAN 300@718 for intraday... please tell me the trgt

Hi saurabhricha, can see 42

Hi CA.Tejas, looks weak. dont enter yet

just came online.

Hi Cb

How did u see the tata mot can i enter in call

may i buy nifty s down side looks limited

Hi jit, no. seeing selling pressure on rise as of now.. lets wait till europe opens

Hi thavva, no, not yet. looking for some.

CB. Kartik sir..should i short Infosys today..at what price?

CB sir

shall i enter SBIN Fut for intraday

Hi gopal, no, not really sure of entering it yet.

Hi Cb.. can i enter syndicate bank at cmp?

DECEMBER DOMESTIC MOTORCYCLE SALES AT 753,358 UNITS - INDUSTRY
DEC DOMESTIC CAR SALES AT 148,681 UNITS -

Dear CB,

Please let me know which is the best time to buy TCS.I want to buy some shares.I got some @1140 but it has ghone to 1116 also today.Please suggest if I should wait till tomorrow for buying at like 1095 somewhere or shall I just buy it.

PLS suggest CB.

Thanks
NP

Hi sarath, no, not yet

Hi yogi, thanks

Hi gopal, as of now seems may remain a bit weak in coming days.

Hi np, its rallied quite a bit. lets wait till results are out to add more..

Hi AJ, if breaks 685 can see 678

Hi ALok, not sure of going long yet. near 5840 one can short

Hi yogi, :) ok

Hi animesh, yes. fert has seen quite a bit of selling pressure after the de-regulation news. for now enter a 5800 put on a 10-15 point rise on nifty

ok CB..thanks...
Can i Enter JOCIL @ current levels?

NSEI BLOCK DEAL: MARUTI UDYOG 39178 SHARES AT 1320.00 INR

Hi AJ, no, looks a bit weak

Hi animesh, would advice to wait till results are out on Thrusday

Hi smh, seems may close a bit flat.

Hi CB,
can u pls. suggest me abt. BALAJI AMINES LDD.? IS IT A GOOD BET FOR 3-4 MNTHS? IF YES CAN I ENTER NOW?

ill be back in 1 hour.

Hi CB. holding WWIL at 12.00. Please suggest its nearterm target. How long will it take?

hi cb,

thn at wat price shld i entr wid the nifty 5800 put...

regds

Hi AJ, jocil may see 306 level

Hi CB can i enter Educomp at cmp or wait for some more lower level from here?

BSE BLOCK DEAL: NTPC 396000 SHARES AT 194.00 INR

CHINA'S STOCK INDEX RISES 0.4 PCT, PROPERTY BOOSTS

hi sir,wht abt patni computers?i have @468.any chance to up?why ths down?

- Car sales in India rose an annual 28.9 percent in December, an industry body said on Tuesday, largely driven by a burgeoning middle class in a rapidly growing economy, easier access to loans and a wider choice of models.

LANCO INFRA'S PROJECT RAISES 18.27 BLN RUPEES IN DEBT

CHINA'S STOCK INDEX RISES 0.4 PCT, PROPERTY BOOSTS

: The fall seems to have slowed down and has shown some bounce. The rally is likely to face strong resistance around 5870-5900 range. While the outlook is negative, a consolidation is likely. Index has support around 5700 points on the down side.

Hi SKG, very sluggish stock these days need more time to recover
the company hasbeen showing losses continuously
if this quarter profits immprove stock may go up

Thank you so much Yogi. Please advice some other penny stocks of your choice for a month time frame.

Hi np,

TCS & infosys - Both are showing neagtive indications.... Its more advisable to short rather than buy.

just came online.

CB...I had closed Subex y'day...anything to buy now..or wait for some time?

Hi VijayK, ok. no, nothing new yet.

hi cb
why jsw steel is falling.....is there any news?

cb i didnt exit . Rec . . Today up around 3 . % can i expect any up move this counter in this week . . . Its down almost 4 month

banks are retreating,,,can i buy nifty

Hi CB,

Can i buy JP Associates and Punjj lloyd @CMP for short term?

INDIAN BANKS' ASSOCIATION CHIEF SAYS HAVE ASKED CENTRAL BANK TO CUT CRR, SLR

Car sales in India grew nearly 29 percent in December, driven by a burgeoning middle class and easier access to loans in Asia's third-largest economy, but analysts cautioned a slowdown amid a likely hike in interest rates, rising fuel prices and higher costs of vehicles in 2011.

Hai CB .. what about Se investment it tuches upper circuit and goes down ????

Dear CB

What is wrong with MRF. My Purchase price is 9000+. Even when markets are recovering today it is down. What to do with it? . No money to average as well.

Hi Deepak7791, yes. seems may take some time to recover back. dont avg it. will recover in short/med term.

Hi CB,

I am long on Bharti @ 355 now 335 what to do? Why suddenly it went down now?

cb you missed mine

Hi arun bj, I dnt see you comment above?

CB SIR CAN I GO LONG IN SCRIPTS PLS SUGGEST

Thank you CB!

Hi RAMKUMAR, no, as of now no new call

Hi Mahe, hold it. can see 236

Hi Wasey, most welcome.

Hi irshu, it has been volatile on news of I-gate take over. hold it for short term. can see 480-490

Hi manmin, has resistance 82. will do well once crosses it.

JINDAL POLY has given good results, still it is trading in red... Should I enter now at CMP 542.

What will be the target of JSW steel today. Will it further go down.

cb i didnt book rec yet . . Holding at 270. . . Today up around 3 %. . . Any up move in coming days . .

: BUY ALUMINIUM ABV 113.1; TGT 114/115; SL BLW 112.6

Hi CB, hey cbbb ... :)

Hi Kb, Good afternoon. hows trading going?

Hi Rams, yes, does look weak technically. yes, go short and hedge short with a 60 call

ill be back in 30 min.

Export-driven software services companies are set to report robust growth in quarterly earnings and a firm outlook, driven by an expected increase in clients' technology budgets

sbi movement , can see 2645,,,,,,,,,, stp -2612...........

FINMIN OFFICIAL SAYS INDIA LOOKING AT YEN, EURO AND DIRHAM FOR IRAN OIL PAYMENTS

Hi..
Where can Unitech get supp? what will be the nearterm target? wt about Rel Com and Suzlon?

Hi CB sir,
can I enter Jasch today? for what target and when?

Please let me know opinion regarding Shree Ashtavinayak Cine vision.

CAN ENTER IN SE INVEST NOW?

Hi abhi, no, not yet.. *

just came online.

Hi CB, Is it a good time to buy RIL...

may i go long

Hi raj, no, not yet

Hi suzane, hold with sl at 417 for now

Hi Vishal, lets wait for a day or 2 more.

Hi Sohan, not really sure whats triggering such downside in the stock. for now its best to stay away

Hi jit, not yet

Hi Ravi, yes, seems so

Hi CB,
Pls suggest a stock which will give good returns in a month time.Missed to reply

what price can we see uco bank down side

Hi Manthan, yes. hold it

Hi mar_ask, no, as of now no new call

Hi Rams, no, not yet. wait for some downside.

Hi shiva, yes.

CB BHEL is holding 2220 lvls will it reach 2300+ in nxt few days??

Hi SKG, lets wait till tomorrow

Hi sanzy, hold with sl at 1000

Hi Mahe, no, not sure of any news

Hi KSK, yes. can see 2280

thanks cb
what about hindustan zinc. it is 5% up today. there is a news that the stock may split.
should i exit or hold

sir iam holding tatamotor @1220 can i hold or exict sir

If markets show this kind of erratic movements .... It is better to put our money in FD :-)

Hi jit, if in profits, book partial

Hi ramaswamy, its a hold for now strong support near 1150

Hi nv, yes. very true.

CB , what is happening in Unitech ?

Any kind of massive short build up ?

sir iam holding tata moter @1220 plse advace

any trget
sir

may i short now

ok thnx sir

i have ICICI 1000PE at 23
pls suggest what to do now...
hold or exit

BTST - BUY NIFTY 5760 , SL 5730 , TGT 5820

Hi sanzy, book for now. can see some short covering. can see 27. hold it.

Hi CA.Tejas, no, not yet. enter lower near 990

Hi Gitanjali, some short covering. dont short yet

Hi ARIJIT, short covering from strong support of 5700.

Hi SKG, go with 5800 call

what price can we see uco bank down side.

Hi Gitanjali, hai

may i exit short in loss,,no money to hedge

Hi rashid, ok. hold it. possible we see another 40-50 point bounce. from there technically selling should resume again

Hi shiva, yes.

Hi CB, After 15.30 Still can we do trading ?

Hi vJ, no.

ok CB, Thanks

are u angry with me? my last queries are answered as "yes" :P :)

CB ... I have shorted Hindalco in Fut segment at 233.70 ... Do advise me pls

hi..very good platform for traders

Hi shiva, :) noo..

Hi CA.Tejas, most welcome

Hi Rams, its a hold. book near 227

Hi arjun_chauhan, fundamentally these are good. ttml has recently starting seeing some profits. keep them for 3-4 months time. likely to do well

Hi Saumya, thanks.

Hi maya, try and exit sterlite on any rise for now. looking weak. other 2 are a hold for short term. look good.

Hi CB/Kartik.... There is a gap down in closing session, what happened to market. . What will happen tomorrow opening with market, gap up or gap down again. Plz suggest.

Hi KSK, likely to open a bit higher tomorrow

Hi Uniyal, yes. it was after the settlement. thats fine. likely to open higher tomorrow

Hi Lalith, no, dont avg yet. midcaps are seeing selling pressure.

chose alka securities as a penny stock when it was recommended here (avg cost at 6 ), it's fallen drastically since then, is there any chance for it to recover from these levels

Gud evening CB..
Today i exited Delta @ 86 which were bought @ 107.. Can we see lower levels again as market was very volatile.. I thought we should some cash in hand..what r resistance & support levels of Delta..

I also want to getsome info about Cairn for tomorrow. Please

Hi cb

Can i enter in dlf or tatamotors call

Hi CB,

I hav stuck in RKDL at 75 (1000 shares),cud u plz advise as i can wait max by this month end....
I am really eager for ur advise on the stock......

is there ny problem with google site

Got the news that tata steel is ok for follow on .will it hit roof tommorrow? can we trade?

Hi karthickPrabhu, it can see 660 if markets are good. one can enter in small quatntiy

Hi jit, no, don't go short at opening. seems can test 5850 once.

Hi CB,
Golden call
Buy sesa goa
stop loss- 318(on closing basis)
target 1- 334
target 2- 350

Hi CB,
Its ok CB
I thanks to you ...
After all you are my GURU(Teacher.)
Jitna bhi sikha hai tumne he sikhaya hai(By God)
Thanks a lot "CB"

plse advace

cb...jpasso and unitec has fallen huge....is this good time to consider this stock for fresh buy??

Hai CB!
We buy Shree Rama Multi Tech.What is the target price.

thinx sir

Dear Karthik / CB,
1. What is Marketwide positions ?
2. When are u going to introdue News points in Charts?

Hi ramsingh, enter in small quantity for now near 5.60

Hi Gangubai Gangal, yes, can expect a 50-80 point bounce from here.

Hi ramaswamy, most welcome

Hi Babal, kajaria can see 80 in coming days. don't enter unitech yet

Hi Trade4444, yes, working on it. should be up in couple of weeks. Hope this helps: The total number of contracts one trader may have active at one time for a given underlying. For example, the limits for stock options

"vary according to the number of outstanding shares and past six-month trading volume of the underlying stock. The largest in capitalization and most frequently traded stocks have an option position limit of 250,000 contracts (with adjustments for splits, re-capitalizations, etc.) on the same side of the market; smaller capitalization stocks have position limits of 200,000, 75,000, 50,000 or 25,000 contracts (with adjustments for splits, re-capitalizations, etc.) on the same side of the market. The number of contracts on the same side of the market that may be exercised within any five consecutive business days is equal to the position limit. Equity option positions must be aggregated with equity LEAPS positions on the same underlying for position and exercise limit purposes. Exemptions may be available for certain qualified hedging strategies."

<<>>

I can think of two good reasons.

First, it limits risk. Huge option positions can create huge losses. If the trader is unable to cover the losses, his brokerage must. If the brokerage is unable to cover the loss, the Options Clearing Corporation must. To be sure the brokerages are almost always able to cover the loss, and the OCC can always cover any losses brokerages cannot, the maximum position sizes need to be limited.

Second, it prevents options positions from have too much influence on the price of the underlying. Options market makers frequently must trade the underlying to hedge their options positions. If the options positions get too large, those trades can have an impact on the price of the underlying. For example, assume a market maker is short 100,000 put options with a strke price of $100 on stock XYZ, all of which expire in two days. The market maker knows that if the stock is above $100 at expiration all of those options will expire worthless, but if the stock is below $100 at expiration he will have to buy a billion dollars worth of the stock (10 million shares for $100 each). So, if at the close of business on the Friday before expiration the market maker will either want to have no position in the stock (if it is over $100 per share) or be short 10,000,000 shares (if it is under $100 per share). If shortly before expiration there is some bad news ant the stock drops from $110 per share to $90 per share the market maker could suddenly find himself needing to sell 10,000,000 shares in a short time. That kind of selling would drive down the price of the stock.

That example is somewhat simplified to illustrate the principle. In reality it would probably be impossible for a market maker to have assumed that much unhedged risk.

source: http://www.cboe.com/Products/EquityOptionSpecs.aspx

Hi CB

Can we go long on RIL tomorrow?

hi cb.. can i average confidence petroleum now?? holding at 23...

Hi CB

Sorry to trouble you again with one more question

Can we enter Tata Motors at CMP before results?

Hi CB,
Give me any CA/PA that I can take a risk up to 2000 Rs.
I don't mind loosing it to gain more. Please provide me any idea Sir.
Thanks.

Hi CB sir i think renuka is good bat for 2-3 days . what u think on that ?? currently trading at 83.35

CB sir can i enter in corporation bank for intraday for 2moro?

Nifty (5754) is in downtrend, already we have seen 483 point correction in last 7 trading sessions, the indicators are in oversold condition, we expect to see a bounce back to 5880 / 5930 in next couple of days if today,s low (5698) is not violated.

5700 Put has max oi at 68 L, and put writing is being seen at 5700 and 5600 put, which is a good sign, 5700 will act as strong support.

Todays chat pattern has created a Doji formation, much will depend on tomarrows IIP data.

Trading Stratergy for tomarrow,
1. Buy 5900 call for 57 and sell 6000 call for 29.8, book profit around 5880 - 5930.

2. Sell 5600 put at 36.15, target 15-18. SL nify spot 5690.

Someone very close to me got expired, that,s why I was unable to post any review for last 15 days.

Thanks and Regards
Subhag Ghosh

Hi CB,

Kotak mahindra bank next target tomorrow please?

Sir when market will stop falling down. what may be the down support for NIFTY ? i continue holding petronet @ 127. when it can see 132 - 133 ?

hi cb what abt ntpc still holding im in huge loss give any suggestion

TATA steel tgt for 1 week in cash.

Thanks in advance

Hi Kb, GE, thanks

Hi raja, it can see 580 in 1-2 days time, continue to hold it

Hi raja, most welcome

Hi smh, sorry to hear abt your loss, dont re-enter them, Markets look weak, wait for 1-2 days for Markets to settle down

Hi mogesh, they did see quite a bit of selling pressure with the markets. seems may take some time to recover. hold onto these. keep them for 1-2 months time. likely to recover back once markets improve a bit

Hi dinkar, no, dont add more of it yet

HI CB,
I am holding 2 lots of NIFTY at 5900 with maturity with 27.jan.10
kindly suggets

Hi swapnil, yes. hold it. can test 50-51 in coming days