Gdmrng KArtik Sir, can nifty be shorted if reaches resistance levels??

Hi Vishal, lets wait to see how its results are, I think they shall be announced before makrets open

Good morning and happy trading to all here.

Hi Kartik, GM
Do you see some dip in Axis too ? Sell call on ICICI is based on technical or news of RBI action ?

Hi cb sar when make long position

ICICI, Axis and HDFC Bank will be in focus, after reports suggested that the Reserve Bank of India (RBI) is initiating action against these three private sector banks in connection with allegations of money laundering by an online news provider.... economictimes

Thank you!

Hi Kartik Sir, thank you :)

Hi ruchit, most welcome

Hi Gk jivani, Yes, have been waiting for Infy results

Thanks

Hi Gk jivani, most welcome

Hi Vinit, thanks for the update

Hi Mahesh, enter a PE on rise instead

/Hi GM Karthi, what about RCOm,ING for intraday ?

Hi kartiksar how about hero motar support level

can i buy itc for mid term?

Hi Shiva, below 295 it looks weak, dont enter it yet

Dear Karthik, how about Ajanta Pharma for intra day, can i buy. Thanks in advance.

Hi Kartik, can i short mcdowell-n at 1868 for intraday.

can i buy ranbaxy for intraday?

Hi Raghwendra Rathod, not really sure of it, stocks often turn quite volatile ahead of their results, lets wait to see how it opens up

Hi ganeh, no, dont go short on it yet

Hi Jitender, can test 294 today

Hi RN, can be enteredwith a SL at 692

Hi Kartik, Infosys Result out...do you see it good result and how nifty going to react to it ?

can ranbaxy be bought for intraday?

whats the target /sl OF ICICI BANK?

hi karthik wat to do with adani port

Hi rakesh, hold it for another 2-3 days with a SL at 145, its likely to giev a bounce

Thank You! Have a good day!

Sir for how much PE means 5400 can be entered

Hi AR, it shall settle after opening

Hi PK, 5500, dont enter if we open quite lower

Hi Kartik Sir ,

at what level we can short ICICI , Is above 1040 FUT is good to short?

Hi Kartik, Sir preopening it's open lower only currently at 5541 and even IIP and CPI data going to come so suggest, tht can we go for 5400 PE or shall avoid

Hi Kartik, Pls reply abt INFY CE/PE query. How to trade in them?

Hi Kartik, HI GOOD MORNING..
i bought info 3150 ce at 35.00/-
and info 2600 pe at 36.75 pls tell me what can i do...?

Hi SS, book at opening

complete massacre-Infy

Hi Vinit, Yes

Hi Kartik, Booked at 227 got 20K..thanks

Hi SS, nice to know that

Karthik,....wht is ur take on Aurobindo pharma?

sir should i enter in DLf....what will be my SL.....

And Also Can I short TATA Steel.......

Hi Kartik sir, I am holding ADANIPORTS @ 153. What should I do ?

Dear CB / K B Trader,

You told Sell ICICI Bank on rise. So, Can i buy ICICI 1000 Put today?

CB, Kartik, friends.............Good morning.............

can anyone tell me what is 'trading with traction'...................read that Shasun Pharma is trading with traction................moving up like anything from 74 to 77 to 81 in no time....
will it be good to enter as it has upto 89 to go today for circuit...?

Hi Gm Sir
sir should i enter in infy....

Hi VAN, 240

Hi Dhamal, Avoid..

Hi
Thanks SS
What about Hindunilvr ?
I by them.

Hi VAN, its a hold for now. can test 255 in coming days

Hi valls, can see 760

Hi Dhamal, no, dont enter it yet

Hi Jitender, technically does look weak. dont enter it yet

hi CB can i buy rcom @ cmp? in fut

Hi revan, no, wait for dips near 73

Hi Raj Mishra, its a hold. does look good technically

Hi Raj Mishra, most welcome.

CB Sir, I am also holding ICICI Bank @ 1037. Whats teh target in your opinion ?

Hi Dhamal, not yet. has resistance near 480. can add once crosses it

Hi Raj Mishra, its a hold with sl at 1030 for now.

Hi sandeep, Good morning. can go with a 900ce for now.

sir can I short tata steel and enter in DLF .......plzzz suggest

hi all, wat to do with adani ports. i'm holding it

CB Sir, Plz Reply...........Renuka has made strong position at 24 after this fall also...any bounce back is expected...Holding April Long future from 27.5.....pl suggest....

Hi CB, GM

At opening booked Infy 2850 PE at 227 now trading at 460...bad luck :o(

Sir any nifty CE or PE to enter

Hi PK, no, nothing new yet.

Hi CB, THANK YOU SIR,,,

i have sbin 2300 ce 6 lots and at 2150 2 lots. should i hold till 25 april? for 2300 what will be average and for 2150 what will be?

Hi Aparna Chowdhury, ok. hold for now.sl near 69.50-70

Hi BINEESH, most welcome

Hi thushara, it looks strong. dont go short on it yet

Hi nisarg, its a hold for now. can test 2080. dont avg it yet.

ill be back in 30 min

hi all..

IIP data out its 0.6 V/s -1.7%

CB sir, I am holding 270 PE in TATA MOTORS? Shall I hold or exit? Pls advice me sir..

The IIP and Inflation data is out what will be the direction of the market?

Hi Dev, seems may close lower today

Hi AN, no, dont enter these yet.

goodafternoon cb sir, pl suggest about DLF, I BOUGHT at 247, shall i exit or wait for upside move?

Hi VAN, Good morning. its a hold with sl at 243 for now. can tst 250

Hi AN, seems can correct by another 5-7%

sir i short Elder Pharmaceuticals at 368 what is the down for that today

Hi Vishal, ok. lets hold

Hi AN, no, looking weak

ok sir thank you..

holding infy CE 2520@ 22 what to do ?

Hi CB, INFY is further down but 2150 PE did not go up now? Shud I hold or not?

CB Sir, Holding INFY CE @ 12 what should done in this ?

Hi Vishal, hold it.

Hi Rajesh Kumar, no, not yet.

Hi CB,

Will there be any upmove in the afternoon session?

ill be back in 1 hour.

I am holding a put of 280 of tata steel @2.80.May I buy a call of 320 against it? Actually we become very confused at present market condition so we can not trade confidently. Whatever we think cleverly. finally it makes us stupid.

i hve bought infy 2600 ce @ 10 hold or sell?

Can I short Bharthi Airtel .... thanks

Hi Vettan, not yet. has good support at 268-270

Hi RC, no, not yet. has resistance at 410-413.

Hi Mahesh, seems may close near 5500

Hi RC, most welcome.

SBI n Renuka sugar --------sweeet movement last few minutes.............

CB...still holding IFCI call...and looks like its holding on to 27 strongly....plz suggest

Hi All

Intraday Buy: HINDUNILVR cmp 478 Tgt-482 Sl-476

HI CB/Kartik,
Will there be any recovery in INFY before close today from -22% down?

bot 300 shares of infy @ avg of Rs. 2342/-, in huge losses at the moment. pls whether a bounce back expected on monday so that i exit above my buying price or shall i book losses now if a further gap down expected on monday . thanx a lot.

HI CB, HI KARTIK,
your views on IDFC and TECH MAHINDRA ?

Hey CB renuka Sugar Zooooooom as you suggested in morning......Holding Long from 27.5....CMP 25....What is forward path....should I book Loss......

pls reply my query regd infy sir. m in jeopardy.

Hi CB/ Kartik, I exited INFY 2150 at 22 but looks like I shud have not. Already exited 2400 PE at 86 which is now at 142+. Shud I buy 2100 PE on Monday? As of now, I am jst holding 2700 CE :( Missed profit of more than 20k :(

Hi CB, dont encourage others to misguide people with their false comments.

Hi chand, sure, have unapproved it

Hi valls, can test 755

Hi PRAVIN, its a hold for now. keep sl near 1065. can see 1025.

Hi DS, Yes, technically has strong resistance at 1060-1065. dont enter tcs yet. best to wait till its results are out.

good evening cb and kartik sirs. is commodities trading different to shares trading. i have heard tat the market is open until 11.30 pm. why are there very few queries on commodities here. many thanks.

Hi SANJAY GOTI, faces resistance at 2120, avoid fresh entries in it yet

Hi j k nambiar, Yes, I too am not really sure of commodities

Hi cvrprakash, dont enter banks yet, wait for some more time, you may keep a SL at 1480 for TCS, faces support at 1500 lvls

Hi CB, Is it a good time to buy gold bullion? Is US market, gold has fallen to $1500 levels (almost same as where it was a year ago). I would like to buy some for a long term perspective and would like to know if I should wait for a few weeks/months if there is any more downtrend possible. Please advise.

Hi Sohan, Abhishek , sorry, not sure of commodities, shall ask CB to reply

Hi Ashoka, faces strong support at 1330 lvls, once broken seems may slip upto 1250 lvls and lower

Hi CJ, yes, technically does look weak. can sell on rise for now

And hero motar support level

HI CB SIR,GOLD SILVER AND BASE METALS ON HIGH VOLTAGE SHOCK DOWN LAST NIGHT AND TODAY STILL . WHATS HAPPEN SIR ANY BIG NEWS AND DATA? YOUR VIEW.

Hi Gk jivani, MRF faces strong support at 11500, Hero faced strong support at 1480, looks weak for now

Hi BS, no, avoid it for a while for its prices to settle

Hi SaiPalanivel, akila , sorry, not really sure of commotities, shall ask CB to reply

no prob...sure, thanku....

Hi suriya, does have strong resistance near 312. hold it for now. if possible hedge with a 5600 ce

Hi akila, most welcome.

Hi CB, gold fall more from current levels or one can buy it in market rate?
how is infosys to short for 2000 below lvls?
thanks

HI CB SIR,GOLD SILVER AND BASE METALS ON HIGH VOLTAGE SHOCK DOWN LAST NIGHT AND TODAY STILL . WHATS HAPPEN SIR ANY BIG NEWS AND DATA? YOUR VIEW.this is CB SIR QUESTION PLEASE REPLY CB SIR.

Hi SaiPalanivel, yes, technically does look a bit weak. dont etner these yet

Hi cvrprakash, yes, its a good long term bet. can enter it. yes, once markets settle a bit, shall add few more.

Hi bk, Good evening. technically does look a bit weak. if it breaks support at 1440, would advice to hedge it with a 1400pe for now.

Hi bk, GE, thanks, same to you

Hi VJ, no, not sure of entering it yet. has resistance near 295

Any suggestion about any pe or ce of any stock for now? If so, what should be the strike price OF that? What about TataSteel or Infy?

I bought a pe of 280 of tatasteel @2.80 the day before yesterday. Are you speculating it would bounce back?Should I hold it for few days or exit ?

Thank you.

Hi CB,

I already have bought TCS @ 1575 for a target of 1650 this April. I guess that is out of question now. So was wondering if i buy another 2 lots of TCS at say 1500 can i exit at around 1560 or so?

Warm Regards,

DS

Hi CB,

What u suggest on the below Comment from SR,

Buy 5700CE near 14, Target: 5675-85, SL: 5470 / 5492 (Closing basis)

As per hourly charts, breakout was given yesterday and buy signal was initiated near 5557-70. As today Nifty opened gap-down and close to our SL, our risk / reward for this trade is excellent. Nifty has managed to sustain the SL level and also likely to form a positive doji.

Estimated Value of 5700CE near Target in coming week: 42-45.

Can I go for this call.pls suggest

Hi VISHNU, Yes, can be entered with a SL at 5470

Hi cvrprakash, its a strong bet fundamentally and is more of a long term bet, can be entered for 1-2 years time

Hi Zankhna, at current levels Balmer Lawrie & Co. looks good, since Markets are trading weak, nothing new for now

Happy Vishu ( Kerala New Year ! ) to everyone here. Many thanks.

Hi Kartik,
This is krishna, currently i am at 35 and i am planning to take a policy for my family or my self..i heard about three policies in TATA AIA

1. TATA AIA Maha life Gold for retirement
2. TATA AIA Maha life Gold for Child
3. TATA AIA Life Insurance I Raksha Supreme for Protection

Suggest me which is the best or apart from TATA any good policy is there in any of Good insurance company

Hi j k nambiar, Hi SR was the guy who used to give suggestions here in this NSE guide few months back.He is Sunil Rao shortcut of his name is SR......

Is a buy of ce of jpasso for 72.50 or 75.00 ok for now?

Hi ravi bohra, no, not really sure of commodities

Hi BS, it has resistance near 72 levels. dont enter its ce yet

Hi dinkar, no, these are going a bit weak.

Hi vishnu, cant be sure yet, its likely to be volatile for the next 2-3 days time after its results

Hi Karthik/CB,

I meant 1500 PE at 50, and NOT 20....so when should i cut my long position and just continue to ride the PE?

What is the target that you envision on the 17th? 1400.... 1600...??

Or should we sell both call(1700) and put (1350) because premium is pretty high now and surely irrespective of results it will not show 1350 and 1700. So its a safe level and at end of month we can buy it at 0.05 right?

Warm Regards,
DS

Hello CB,

Silver closed at 26.05 which is same as 2011 lows.

Can i play a small bounce here or wait UK/US trading time to enter long/short decision.

Do you think Silver and Gold will enter a bear phase.

Sohan