Hi CB,

GM,
CAN WE SOME MORE RAISE IN uNITECH TODAY?

Good morning CB

Hi CB/Karthik,
What are the stocks that can be bought at CMP for 4 month for around 10% return?

Thanks
Fakir

Hi Fakir, SmartLink looks good as of now

6100 ki call le sakte hai kya ???? or BANKNIFTY KI 11700 CALL ????

Hi Vibhu, lets wait to see how Markets react today, dont enter them at Opening

GM

Hi arun bja, Ipcan see 340 today, yes, the price of options CALL/PUT is independent on the the stocks current Cash price(except for the movements)

Hi Gangubai Gangal, GM

Hi Atul, ca see 295

Hi Kartik,
GM

Good morning kartik,

yesturday I bought Nifty 5700 put . will I be able to pull some profit out of it today or I need to average. PLease suggest

Regards,
rajat Bhatia

may i exit short at opening as nifty is likely to go upti 5920 levels,,or i can enter short at higher levels

hi kartik,
what abt orchidchem for intraday ? what will be target ?

Hi Kartik,

Whats d target for Ks oil & FSL please,

I really badly stuck in both,

Thanks,

Kartik Gm.. how do u see BHEL and M&M for 2day??

cb . Can i exit sterlite with minimum loss . . I stuck with sterlite . 50 shares at 197 last 8 months . .

Hi roze, they look weak, might take some time to recover

Hi askimaski toss, GM, thanks

Hi arun bja, continue to hold it for some more time, keep a sl at 175(strong support)

Hi KSK, GM, they are likely to trade flat today

Hi Venkatagee, most welcome

Good Morning CB & Kartik Sir

Hi irshu, its good

Hi JR, GM

Should i buy Infosys for intraday

Hi Gauri,
it's already out now, it is little below mkt. expextation.............

Hi irshu,
As per CNBC-TV18 estimates, its net profit is expected to go up by 4.47% at Rs 1,814.69 crore as against Rs 1,737 crore in previous quarter.

CB sir, whats ur view on Reliance today.... As m holding 1000 PUT @21 & ystdy closing was 10.... Plz advise what to do today???

Hi Ram M, its reacting to the markets, keep a SL at 1060 for your PUT

Hi Raghu, GM, no, dont enter it for Intraday yet

hi kartik, you missed my query ...
what abt orchidchem for intraday ? what will be target ?

Is there any stock that can be shorted in this rally?

hi kartik,
what abt reliance and icici bank for intraday ? what will be target ?

Hi guraraj_p_k, no, dont go short today

Hi ARIJIT, yes, can see 268

Hi yogesh, they are likely to add 1% today

Hi Vivek Shah, not yet

Thanx Kartik, You sed Reliance is reacting to mkt... Since Mkt is going down, u mean to say Reliance is going down, right na?? So i will be able to get some profit??

Hi Ram M, yes, if we see some profit booking today, it too can slip

hi any intraday?

by what time reslts w be anounced

fr infosys

hi kartik.....what abt market today??what abt support and resistance levels?what are those shares should i buy/sell today?

hi good morning
can buy ril

can i short JSW STEEL for intraday? at what levels plzz

can i buy RENUKA for intraday @ cmp?

will market show positive move today??????

IT STOCKS UPDATE - INFOSYS DOWN 3.1 PCT, WIPRO SLIPS 2.2 PCT, TCS DOWN 1.1 PCT

Hi amit, likely to trade flat today

Hi ARAVIND, no, dont enter it yet

Hi mogesh, its a weak bet fundamentally, exit it on any rise

i have nifty ca 6000,1000 shares @ 30, what should i do?????

Hi amit, hold them with a sL at 5830

Hi vipul, 325

Hi SANDEEP, not sure of it

Can I short Unitech ?

I have delivery stock if required

Hi Kartik,

Where is the nifty suport today ?

Hi airbites, 5820

Ok Karthik,

Hi Karthik,
what is the support level of yes bank

karthik,
How does infy results looks? As expected r below expections

KARTIK, HOLDING ITC 190 CALL AT 0.90, HOW DO YOU SEE THIS SCRIPT BEFORE EXPIRY

Hi ASHISH, it can add another 10-15% by Expiry, hold it

can i enter infosys@3260?

Kartik,
My previous query plzz

Suggest any stock

Hi AJ, no, dont enter it yet

Hi sandy, would be better to hold it for some more time

Hi Geetha, no new call yet

ok. shall do as pr ur advice. thnx

Hi rajat, yes

Hi rameshb, hold it for some more time (keep a SL at 5820 on Nifty)

Hi cvrprakash, hold it for some more time (keep a SL at 5820 on Nifty)

Holding 5800 put @81, pls advise.

Hi Kartik,

i would like to short ICICIC Bank today - So plz can u suggest best levels to short?

Hi stalin, dont add more of it yet, hold it for Short term as of now

I'll be back in 30 mins

OK THANKS.

Hi Kartik,

Can you please suggest me any website which shows Nifty intraday along with indicators?

13/01/2011 09:23
Marg surges on signing MoU with Lagan Construction
The scrip is currently trading at Rs. 138.00, up by 2.00 points or 1.47 %
Marg is currently trading at Rs 138.00, up by 2.00 points or 1.47% from its previous closing of Rs 136.00 on the BSE.

The scrip opened at Rs. 137.00 and has touched a high and low of Rs 138.00 and Rs 137.00 respectively. So far 604 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 243.80 on 08-Sep-2010 and a 52 week low of Rs 103.05 on 10-Dec-2010.

Last one week high and low of the scrip stood at Rs 156.00 and Rs128.00 respectively. The current market cap of the company is Rs 448.78 crore.

The promoters holding in the company stood at 42.82% while Institutions and Non-Institutions held 27.07% and 30.11% respectively.

Infrastructure and Realty development company --Marg-- has signed a Memorandum of Understanding (MOU) with Northern Ireland based construction major Lagan Constructions which has proven expertise and experience in delivering projects across various sectors including Road, Airports, Water, Energy and Rail. These projects have been undertaken worldwide by Lagan.

This MOU will enable the company to bid for construction of Airports and other Infrastructure projects in India as well as overseas.

Marg has acquired the experience in various areas such as infrastructure comprising ports, power, dredging operations; industrial clusters encompassing special economic zones (SEZs), industrial townships and desalination plants; real estate commercial spaces including IT parks, malls, serviced apartments, convention centres and golf courses as well as real estate residential projects comprising high-end apartments, budget apartments, integrated townships, villas and beach houses

hi anbody knw ,announced result of infosys?

karthik.....................wats ur view on GAIL? can it see levels close to 530 in the current series?

BOOK 50 % IN SELL NIFTY BETWEEN 5817 - 5812 , CALL GIVEN AT 5840

HERO HONDA SHARES DOWN 1 PCT, TOP LOSER IN BSE AUTO INDEX

BOOK 50 % AT 5812 , CALL GIVEN AT 5840

Dear Irshu

Economic times site has this info "India's No. 2 software services exporter, said quarterly profit rose 14 per cent, lagging market forecast as a firmer rupee and higher wage costs weighed on rising demand"

gud morning karthik...shall i enter biocon for intraday

NSEI BLOCK DEAL: TATA MOTORS 100050 SHARES AT 1234.45 INR

BUY GBPINR AROUND 71.10 TGT 71.45/71.70 STOP LOSS BLW 70.80

Hi cvrprakash, hold hdfc bank for now.. sell off is due to weak infy numbers.

just came online.

CB holding shorts in hindalco @ 237.70 in futures.. advice pls

hi "CB" , how is "sel man" looking on charts ,is it a shooting star which appeared two days before can i enter here?

Hi sekhar, not yet. lets wait.

Today again y market is going down??????

hi "CB" ok thank u.

BTST DEFENSIVE BUY LUPIN GIVEN @ 460 FOR TGT OF 480.. NOW 470.. BOOK 50% BETWEEN 470-472

********

why market opened weak even though positive was expected??

Sir, I have nifty CE 5900 @ 82. Can I hold it or need to exit?

Hi Bala, hold with sl at 5790-5800 for now.

Hi CB, Can I enter into Viceroy Hotels at CMP for min 2 years. Rakesh Jhunjhunwala is one of the Directors of this Hotels and people are expecting that he will take this share to 3000+ level in long term. CMP is 38-39 only.

Hi Akash, yes, enter in small quantity for now.

hi cb
can i buy hdfc bank

anything to buy / sell ?

R Resistance Level
S Support Level

Hi CB, GM, HAPPY TRADING.

Hi SATHVIK (RETURNED), Good morning.. wish you the same.

Hi Market Update, thanks.

Hi AJ, no, don't enter it now.

Hi Akash, ok. thats fine..

Hi shiva, no, not sure about it yet.

Hi CB, Shud I buy KGL at CMP as it is also going up and soon will be out of my range... And Unitech too.

Why Infosys is going down after showing 14% profit

Hi BBR, estimates were low

Hi thavva, yes. one can enter it. tata steel can see 665 in coming days. sl near 635

Hi CB, I covered DLFearlier at cost price in dlf .. it is trading higher at the price you had given .. can we short now ..or shall I enter long again ..[dlf futures]..pl?

hi CB,

when will shree ashtivinayak will move......going down.....tomorrow run bola run releasing but still it is going down?please suggest

Hi anil, not really sure what is wrong with the company

Hi CB,
can kernex microsystem be bought at 164?

Hi abhi, no, dont enter it yet

Hi ARIJIT, in small quantity

Hi CB,
ok, intraday tgt?

Hi Gitanjali, yes, if dips near 265 one can go long. dont enter 280 call yet

hi cb any news on cairn vedanta deal and what could be the target price of cairn by end of month

CB sir, ur view on Reliance. Holding 1000 PUT @21. What to do sir, plz advise??

Hi Akash, they will but may take some time

Hi vinay, no, not sure of the details yet. technically above 346, it can see 360

is there any chance of HDFC Bank going up for intraday

Hi Ram M, hold it. can see 1010

Hi Gitanjali, yes. may consolidate for some time after recent fall

Hi saumya, Good morning.. no, not yet

Hi Das, yes, likely to

Hi Sumit, hold it. keep sl near 1018. if markets improve a bit, can see 1035

Hi sandeep, can test 525.

CB hw abt shorting unitech around 60 in futures segment

Hi Rams, no. dont short real estate yet. can see some upmove

Hi SAI, Good morning. yes, hold it.

Hello CB Sir,

Good Morning.

I have brought SHEKHAWATI POLY 100 qty at 38.00 and tell me the exit price

can i short UCO BANK for intraday? at current levels

Hi CB today target of IFCI ? i have at 61

Hi Gitanjali,
have u bought DLF?

Hi Dhandu, its likely to see some more profit booking in the coming days..

Religare, Nirmal Bang are beter

Hi CB, What you think of suzlon energy for today wht is your target price i bought it for 54.00 today thanks in advance.

CB/Kartik,

Any call or put fr jan or feb within 3k..

regds

hi, any lvls in nifty, i m long at 5850

Orissa Mineral 55275, should I enter for a week time. Wht will be the target for 1 week.

Hi BBR, Hi BBR, MOST OF INDIAN STOCK BROKERS HAVE PROBLEMS ONLY. :(

13/01/2011 11:21
Elecon Engg. - Awarded orders of Rs. 24.83 Crores

Elecon Engineering Company Ltd has informed BSE that Company has been awarded prestigious orders of Rs. 24.83 Crores from S.K.Samanta & Co. (P) Limited for design, engineering, manufacturing, Supplying, Erectioning, Testing, commissioning of Material Handling Equipments and other Equipments.

Hi thavva, BOTH R SOME DANGROUS BROKERS!

Hi Rajneesh, what festival???

Hi saumya, stay away from this.

HI CB/Kartik, i have Zicom security @ 70??? i m in huge loss.. :( do u think that it will reach back to this level in net 1 monhts???

Thanks

hi geethanjali hav u abserved 5800 jan call u wish to take position at 130 levels
today opned at 110 and now reached 130 just now
i wish to inform u all but net was innterupted

Hi CB,

Nifty improving....
Shall I buy 5800 put since it is available cheap (@ 68)

Hi CB,

How abt sterlite

Happy Sankranthi to althe telugu people on NG

Thanks Arun for the info.

Best Regards,
Rajneesh

sorry guys, just came back

Hi VARUN, if Europe manages to open strong, we can do well

Hi Y O G I, thanks, same to you

Hi rajat, no, dont enter it yet

Hi Sureshg, it faces strong resistance at 192, enter it above that

Hi ARIJIT, yes, can see 132

Hi Kartik,
INTRADAY?

Hi ARIJIT, yes

Hi Y O G I, thanks for the update

Hi Kartik,
THANK U........................

Hi sourabh, hold it for some more time, can see 130+ levels

Hi ARIJIT, most welcome

Hi rajat, exit from it, banks are seeing some selling pressure

Hi SAI, exit from it, banks are seeing some selling pressure

OK
THANKS KARTIK

Inflation in the Food Articles group fell to 16.91% in the week ended January 1 from 18.32% in the preceding week, the Union Commerce & Industry said today.

Inflation in the Primary Articles group also declined to 17.58% in the week under review from 20.20% in the week ended December 25.

Inflation in the Fuel & Power group also inched lower in the week ended January 1 to 11.53% from the previous week's level of 11.63%.

ok.Thanks Kartik. anu nifty option to trade for today?

hi kartik any intraday

hi cb any intraday call?

hi when Europe open?

update
11.20 to 12.10
5800 jan call skiped 110 to 130 and 110 now

HI KARTIK HOW ABT INFOSYS BUY CALL. CAN I HV TARGET & SL

hi CB, Will HDFC Bank see the target today...

Hi Karthik

How is sbin can we enter now

Hi divyesh, no, dont enter banks yet

Hi an, yes, keep a SL at 5810

Hi RAMKUMAR, not yet, it looks overpriced as of now

Hi thavva, no new call, Banks are seeing some selling pressure today

Any idea about tatasteel fpo price fixed

Yr views on power grid bought @98.35 any target...

Hi CA.Tejas, can see 110 in 2-3 months time

Hi airbites, Markets are open tomorrow

bot infosys @ 3255/- for intraday, in losses at the moment, pls guide whether to book loss or i can recover it intraday???

Thailand increased its benchmark rate for the fourth time in seven months yesterday, while China boosted rates twice in the fourth quarter of last year. Taiwan raised its benchmark three times in 2010.

Can I sell JSW Steel Futures? Its looking very weak...
Please suggest.

Hi Priyanka,
there is a chance for market to recover by next hour
then end of the day again market will fall a bit...
that is my openion then depend on u....!
Buy 6100 Ca at 15 rs hold till end of month loss 800 rs
profit can double or tripple

Hi ALok,
trgt can be 5900..S/L 5810 if nifty futurs closes below 5795
can see 100 points down.. If closes Above 5840 trgt 6000..

buy yes bank
267 entry
263 slt
275 tgt

Hi ALok,

YES

hey i buyed fortis @ 156 and today its 137 i booked my loss give me wise targets for today or tomorrow ???

HP maintained the No. 1 position in worldwide PC shipments in the fourth quarter of 2010
Worldwide PC shipments totaled 93.5 million units in the fourth quarter of 2010, a 3.1% increase from the fourth quarter of 2009, according to preliminary results by Gartner, Inc. These figures were below Gartner’s earlier forecast of 4.8% growth for the fourth quarter of 2010.

Hi NALL,

Wats the probablity that it will cross the magical fig 6100 on next week....

regds

Hi Kartik,

I have nifty 5700 Put . What Point I shuld book profit

Thanks Nall's

THIRD TGT REACHED OF 5750 IN NIFTY

SENSEX DOWN MORE THAN 300 POINTS TO 19218; INFOSYS SLIPS 4.4 PCT, ICICI DOWN 3 PCT

Infosys Technologies' weaker-than-expected results sparked concerns over growth rates of India's showpiece outsourcing sector as the company flagged a sluggish global economic recovery and currency volatility.

Hi CB/Kartik Sir,

i have 100 hindalco @ 240.7, hdil 150 @ 167.7 and IBREAL 150 @ 127.4 and wht abt mrkt??plz suggest..wht i do?? tell me today's trgt?? i m wating for u r valuable advice..
thanks & regards

Finance Minister Pranab Mukherjee said on Thursday there is no need for unnecessary panic on inflation.

mera bharat mahannnnnnnnnnnnnnnnnnnnnnnnnnn

BSE BANKING INDEX DOWN 2.8 PCT, TOP SECTORAL LOSER

The food price index rose 16.91 percent and the fuel price index climbed 11.53 percent in the year to Jan. 1, government data on Thursday showed

Hi AJ, enter Call 5800

Anything to buy in cash market for intraday?

can i see nagarjuna constructions 132 in next week, or it will go down from here

BSE
LIVE
19,267.55

-266.55 (-1.36%)
NSE
LIVE
5,777.25

-86.00 (-1.47%)
F & O
LIVE NIFTY FUT
5,778.10

-96.15 (-1.64%

VERY TRUE ARIJIT,,,,,,,,,,,,,,,,,

Sir any intrda day call to recover the loss of HDF bank

hi Sir, Pls tell me we can investment 100 share in Se Investment , we can buy which level , buy or not we can hold 6 month

hi cb

please suggest active small stock to by for week time.

> BUY SAIL 170 PE @ 5.1 , SL 3.6 , TGT 8.1

Hi CB, I booked 1000rs loss today. Any call to recover my loss?

Hi shrikanth, sorry for the loss.. no, nothing new yet. shall advice soon

HI CB

Thank you, Can I enter confidence petro @ CMP? what is the target please?

Hi narikkunnan, yes, can see 21.

CB Sir... any other call to recover the loss of HDFC

Hi JR, no, nothing new yet. lets wait.

Ok sir... i am waiting for call

Hi CB , we can buy 5800call now ..is it possible to have a pop up fecility ..pl for intraday calls

CB sir, Reliance 1000 PUT option TGT (Jan series)???

13/01/2011 13:53
Mercator Lines - Outcome of Committee Meeting

Mercator Lines Ltd has informed BSE that the committee of the Board of Directors of the Company in its meeting held on January 13, 2011, approved allotment of 89,00,000 equity shares of Re. 1/- each for cash at a price of Rs. 55/- to promoters in lieu of conversion of warrants allotted to them in accordance with special resolution passed by the shareholders of the Company in their Extra Ordinary General Meeting held on October 28, 2010 and Chapter VII of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009, for preferential issue.

With this, the issued, subscribed and paid up Equity Share Capital of the Company stands increased to 24,48,92,073 Equity Shares of Re. 1/- each aggregating Rs. 24,48,92,073/-.

WHOLESALE ONION PRICES DROP 16 PCT AS NEW CROP ARRIVALS RISE - DEALERS

BlackBerry-maker Research In Motion (RIM) said on Thursday it had given a solution ahead of a Jan. 31 target date that enables Indian wireless carriers lawful access to consumer services including the BlackBerry Messenger, but excluding access to corporate emails.

BSE
LIVE
19,183.78

-350.32 (-1.79%)
NSE
LIVE
5,757.25

-106.00 (-1.81%)
F & O
LIVE NIFTY FUT
5,750.00

-124.25 (-2.12%)

STT SELL AXISBANK GIVEN @ 1296.. NOW 1273.. BOOK 50% BETWEEN 1270-1273

hi sir wht abt praj ind and suzlon today?

Hi MM, most welcome

Hi irshu, both are likely to remain a bit flat from here today

NO CB I HV TO CLEAR IN INTRADAY. ANY UPMOVE SEEN AS OF NOW.

Hi SAI, ok. can expect a small bounce. hold with sl near 2120

CB SIR ....NAMSKAR....sir, any script for 1 months with target price ....thanx a lot.

HPCL SHARES DOWN 5.5 PCT, BPCL DOWN MORE THAN 3 PCT

Hi jaanu, buy some of dlf.. can see 285

Hi AT, markets have turned a bit weak recently.. 6100 as of now seems a bit unlikely. try and exit on any rise. hold 5900 call. keep sl near 5720. can see some bounce frm here.

ill be back in 1 hour

NSEI BLOCK DEAL: TATA MOTORS 380125 SHARES AT 1223.80 INR

INFOSYS SHARES DOWN 4.5 PCT ON NSE

( Derivatives Desk)> BOOK 50% IN MOIL BETWEEN 442.80-444

*************

dear cb/kartik.........come with a solution quick pls.......bought sunpharma @480....what should i do.....?

BANKEX LOSERS - ICICI DOWN 4.2 PCT, SBI SLIPS 3.2 PCT, AXIS BANK DOWN 2.8 PCT

All Indian Indices
Data as of 13 Jan 2011. All quotes delayed at least 15 minutes.
Symb Index Mkt Report Time Last Chg Chg %
.BSESN BSE Sensex 2:34pm IST 19,238.95 -295.15 -1.51%
.NSEI Nifty 2:29pm IST 5,764.05 -99.20 -1.69%
.BSEOIL BSE Oil & Gas 2:34pm IST 10,154.74 -83.04 -0.81%
.BSEIT BSE IT 2:34pm IST 6,493.36 -178.92 -2.68%
.BSEMET BSE Metals 2:34pm IST 16,869.21 -121.53 -0.72%
.BSEFMCG BSE FMCG 2:33pm IST 3,615.93 -12.39 -0.34%
.BSECG BSE Capital Goods 2:34pm IST 14,106.55 -64.97 -0.46%
.BSEBANK BSE Banking 2:34pm IST 12,210.34 -405.60 -3.21%
.BSEREAL BSE Realty 2:34pm IST 2,585.72 +3.36 +0.13%
.BSEAUTO BSE Auto 2:34pm IST 9,471.68 -34.89 -0.37%
.BSEPOWER BSE Power 2:34pm IST 2,844.26 -11.98 -0.42%
.BSEHC BSE Healthcare 2:34pm IST 6,499.12 -77.21 -1.17%
All American Indices

Hi CB/Kartik,
@what price can we enter in L&T and SBI and what could be exit price.

INFOSYS DOWN 4.2 PCT, HCL TECH DOWN 1 PCT, WIPRO SLIPS NEARLY 1 PCT

POSCO, the world's No.3 steelmaker, warned on Thursday of sharply higher raw material costs due to the flooding in Australia, after its quarterly profit missed its own estimate by a wide margin and fell to its lowest level in six quarters.

NIFTY LOSERS - INFOSYS SHARES DOWN 4.5 PCT, ICICI SLIPS 4 PCT

BSE
LIVE
19,149.61

-384.49 (-1.97%)
NSE
LIVE
5,739.55

-123.70 (-2.11%)
F & O
LIVE NIFTY FUT
5,743.35

-130.90 (-2.23%)

AMBUJA CEMENTS UP 3.2 PCT TO 132.8 RUPEES, TOP NIFTY GAINER

NSEI BLOCK DEAL: RELIANCE INDUSTRIES 55128 SHARES AT 1020.35 INR

Hi Kartik,

I shorted at 5745 what target to expect for intraday ?

Hi, suzlon can cross 56 tomorrow?

Hi thavva, likey to trade flat tomorrow

can i buy LnT at cmp?

Hi AJ, not yet

Hi krant, wait for another 1-2 weeks for Markets to settle

Hi Varun, its reacting to the Markets, continue to hold it for Short term

Hi Kartik,
HOLDING IBREAL AT 124, WILL I HOLD TILL TOMORROW OR EXIT NOW?

Hi ARIJIT, it seems to react to the Markets, faces strong support at 118, if possible hold it for 2-3 days

Hi amit, hold till tomorrow

Hi Karthik,
Pantaloon is going down.l am holding 50 pantaloon @520.what decesion can l take now.pls

Hi ARAVIND, continue to hold it for another 2-3 months time

Hi ramaswamy, hold till tomorrow

Hi nv, wait till tomorrow

"Markets are the places where two types of people meet up in the morning: those with experience and those with money. Towards the end of the day, they exchange their assets and go home."

Hi Kartik,
OK, WHAT PRICE CAN DLF SEE TOMORROW, IT'S TRADING STRONG TODAY.............

Hi ARIJIT, its rallied quite a lot, likely to take a pause now, faces strong resistance at 272

5500 on the cards ?

Hi CA.Tejas, its a long term stock for 1-2 years

Hi Vivek Shah, Not yet. Buy 5800 call.

Hi CA.Tejas, they look weak at CMP, dont make fresh entries in them yet

Hi Lancy, I have taken gamble to buy 6000ce, hope it will give atleast proper gain.

Hi Shishir, no, dont enter them at CMP yet

can enter in se invest now or wait?

Hi Kartik, i hav Zicom security @70. its nw trading around 48.can we expect it back to ths level??

Thanks

Hi arjun_chauhan, it has been a downtrend, might take some time to recover, hold it for another 4-5 months

I am holding NIFTY6200 CE (bought @93.00) what should be my startegy nw as its trading@ 5.45?

kindly help

yatin
I am holding NIFTY6200 CE (bought @93.00) what should be my startegy nw as its trading@ 5.45?

kindly help

yatin

Hi CB/ Kartik. What can be one week target for praj?

Hi ARIJIT, yes, I had.. yesterday.. and covered to day [sorry had not seen yr post earlier]

Hi arjun_chauhan, no, don't avg it yet

Hi yatin, after recent sell off 6200 seems unlikely this month.I am afraid we will need to book loss here. still there is some time. let the option be for now. lets see if markets recover a bit in coming days

Hi Shishir, yes, its a hold for med term. fundamentally looks good

Hi saumya, it can test 86 again

Hi Ram M, it can test 1000 levels it seems.

ok CB. Should I exit at 86? bought at 82

Hi CB, can i buy LIC at cmp, or can u plz tell me entry price. thnx

To monetise Chennai asset over next 7 yrs: PVP Ventures

PVP Ventures has entered into a joint development agreement with realty majors Unitech and Arihant Foundation to develop commercial property at its 78-acre land in Chennai. The company expects to begin generating cash by the second quarter of calendar year 2011. Cash flow to the tune of Rs 1400-1600 crore mark is seen over the next seven years.

In an interview with CNBC-TV18, Prasad Potluri, CMD, PVP Ventures gave his perspective on the joint development agreement and the company's business plans going forward.

Below is a verbatim transcript. Also watch the accompanying video.

Q: On your real estate business, you have a 78-acre land in Chennai, tell us about that. You have entered into a joint development agreement with Unitech as well?

A: Yes, the company owns part of Binny Mills which is a 70-acre parcel in the city of Chennai. We have executed a joint development agreement with Arihant Foundations, which is a Chennai based company, and Unitech where they both have formed a joint venture and developing this land for us.

As a landlord for this asset, I am happy to share that the development is in advanced stage. The entire permits are in place and we hope to monetize this asset over the next seven years wherein we will start accruing revenue from Q3 of this year.

Q: What kind of revenues are you looking at over a period of seven years and what kind of – in the shorter-term how much could you get?

A: Short-term could not be material but over the next seven years based on our current modeling and based on the current pricing, we expect about Rs 1,500 crore of cash flow over the next seven years.

Q: We understand the company has debentures which are worth 406 crore which is a lot high than what even the current marketcap of the company is, could you tell us by when these are due to be converted into equities and what would your equity base stand at and at what price?

A: Currently as per the information available in the public domain, the current share capital of the company is about Rs 231 crore and Rs 406 crore debentures are subscribed by myself through my holding companies which have invested three years ago and portion of that Rs 273 crore is convertible to equity of PVP Ventures at Rs 204 a share on January 22.

Q: Once you convert such a high amount of debentures to the tune of almost Rs 273 crore, you are sitting on a marketcap of close to about 300 crore or so, once this gets converted, what will the promoters stake be, how much will the equity base go up by?

A: The promoters stake – we are converting at the pre-exit price of Rs 204 per share. So the promoter ownership is not going to change any materially, it is only going to be increased by 2% from 62%, it is going to go upto 64% and the entire share capital of the company will go upto Rs 245 crore from its existing Rs 231 crore.

Q: You are confident of converting it because currently the stock has just quoting at about Rs 12-13 and the conversion price is way higher above Rs 200?

A: Yes, that is a commitment we made to our shareholder and as a promoter I have to walk the talk.

Q: Could you also tell us the total debt situation of the company?

A: The company is relatively a debt-free company. We hardly have Rs 25 crore debt in the company. Barring that the entire Binny Mills is owned by the company and we have an asset based in Hyderabad as well. Barring that I would say that the company is fairly debt-free.

Q: Just to reiterate, can you just tell us the conversion price again because we are finding it a little tough to digest, at Rs 13 on the stock price currently, this is a little hard to believe that the conversion price is so high?

A: The conversion price was pre-agreed as per the debentures when they were issued three years ago. Those were mandatorily convertible debentures.

Q: This is Rs 204 on the conversion price?

A: Yes. Rs 273 crore is due for conversion and the board will be meeting up and deliberating on that soon.

Q: When will this happen, can you give us a timeline on when you are expecting this board meet to happen and eventual conversion as well?

A: Over the next few days, my management team will be informing the exchanges.

Q: Just for a confirmation, apart from the promoters, does anyone else hold the debentures because I don’t think I caught that?

A: No, I am the only one who holds the debentures, and have invested in this company.

Q: Your stake which will go up by 2%, if you convert all of it?

A: Yes.

kya cb sir morning ki sawal ka abhi tak reply mahi

Hi rajashree, looks a bit weak. enter it lower near 150. Manali petro is a hold for med term. likely to recover back

Hi sourabh, can see 129-130

Hi chandu, was not online before.. no, not really sure of any website for forex trading

Hi divyesh, for now hold with sl near 630. technicall a bounce is expected from 635-640 levels.

hey i have buyed fortis @146 in fno u said it will be 143 in short term but it isnt going up what levels now do u see all loss should be booked

Hi karthik / CB,

I am holding Kiri Dyes @ 400 .. wt will be the target for one week..

sir...but can see some bounce back with 2700 level before expiry...!

pls advice.

I bought eveready @50.50 what will be one week target?

hai sir, can i buy ashok leyland now.

Hi CB

Believe the net profit of SAIL for Q3 has dropped

Can we short SAIL tomorrow?

CB, can we see some up move for HDFC bank tomorrow?

Hi Cb,

Purchased 6100 call @13....let me knw at price shld i exit....

regds

Hi jit, Hi jit,
IN CASE OF PULL BACK WATCH - EDUCOMP
NATIONALUM ***

HOWS MPHASIS FOR INTRADAY ONLY

Hi CB / Karthik,

Can I buy @CMP, also please advise which should be Short term medium term & loang term.
Nagarjuna Agrichem
Orbit Corporation
EKC
Adani Power
HOV Services
Lakshmi Energy & Food
Hanung Toys

Hi Kartik,

GE KArtik,

pl. tell how markets r likely to do t'row, still holding 5800 call what to do ??, 105 tgt still intact??

Hi kartik..wats ur mail id...i will send my portfolio consisting of 3 stocks...plz advice on it..

What is a good level to enter LnT?

Nifty (5751) is able to give close above crucial level of 5750. The short term trend is negative, the index is still trading below 21/50/100 (5977/5995/5947) days moving average. Nifty is expected to touch 200 sma i.e 5604.

Option data clearly indidates a range of 5600-6000 till expiry, call writing is being seen everywhere, even 5600 calls are getting writen off. 5600 Put accumulation is being seen, which makes a downside target of 5600.

On 12 Jan Nifty high 5874 was unable to cross 5882 i.e 38.2 % retracement of the current fall, this clearly indicates market is week.

Trading Stratergy
Sell on every rise till 5882 is crossed decisively.
I have got three trading stratergy based on your aptitude.
1. Buy 5800 put around 65-75, for a target of 105-110 or higher.
2. Sell 5800 call around 80-90, for a target of 50-60, SL 5882 nifty spot.
3. Sell 5700 call and put for 133 & 76, total preminum 209, total preminum earn 10,450 Rs. LBP 5491, UBP 5909, SL 5600 on lower side and 5882 on higher side, the VIX is at 23.15 %, which is going to cool down in coming days, target for 1 week 120.

Thanks and Regards
Subhag Ghosh

long term investment k liye koi 3 mutual funds bata sakte ho

Thx CB

GN

hi" CB" ,can i go for short in "SUZLON " tommorrow?

Hi Gauri, yes, can see 105. seems may open a bit higher tomorrow

Hi Ganesh, its a hold for now. good support near 103-104 levels

Hi sriram, sure. please email me at [email protected]

Hi bj arun, yes. PE's move higher when markets are falling.. CE's when markets are moving higher

Hi AJ, not sure of entering it now. de-merger news not going well with investors

Hi DHARMENDRA G SINDHAV, it is going weak due to crude price rise. would advice to hedge long with a put

Hi SubhagGhosh, thanks for the update

Hi sourabh, go with hdfc top 200, axis equity fund

Hi airbites, seems may open a bit higher

Hi Venkatagee, Good night

Hi Aman, Good night..

hi"CB", ok thank u ,good night.

cb yaar ashta vinayak buy karein kya for 1 year time frane

avon buy kar sakte hai 2 yrears ke lie

cb yaar i am hoolding 10000 pvp ventures at 11 rupees should i hold it on or sell it tom

cb can i hold it for 1 year time frame