Hi CB,

Are STC,IOC and Tata Inv still a hold?
Or are they a buy and add now?

Also please let me know about OIL INDIA..

Hi ponraj, ok. its at strong support at 168, can see a bounce on Monday

Hi amit, its a good buy once manages to close above 500. can test 530. LT is a good long term bet. considering recent rally in Arvind, would advice to wait for a good dip to enter it

Hi DS, yes, hold for now. dont add more yet. Book profit in M&M on rise on Monday

Hi TAPAN, ok. its at strong support at 168, can see a bounce on Monday

Hi Rishikanta, seems may remain a bit flat. has been moving in a small range

Hi ankush, really sorry to hear about your loss. yes, profit booking really hits hard to stocks that have rallied. would advice to trade in small quantities going forward. specially when markets are near all time highs

Hi Vijay, can add in small quantity

Hi SAI, most welcome

Hi Girish, ok. its at strong support at 168, can see a bounce on Monday

Hi rahul, yes. lets hope for the best next week

Hi CB, sir i am holding biocon 2000nos @485.to day u say will go up to 488.the result is good but no hike.please guide can expect an up movement on monday?

EVERYBODY IS AGAIN REQUESTED TO STRICTLY FOLLOW AND KEEP STOP LOSS.
Always remember keeping stop loss will actually help you to preserve your capital...Never hesitate to book loss...No one should expect that all positions taken by them will result in profit....
Keep Stop Loss as per following method as per your convenience, but KEEP STOP LOSS

(1) If you are able to view chart then if you are LONG keep stop loss of LOW of 2 nd candle from right and if you are short keep stop loss of HIGH of 2nd candle from right..

(2) If you are not able to view chart then keep some fixed % stop loss of 1% if stock price is more than 3000 or 3% if stock price is less than 100..(% can be decided individually but always follow that).

(3) You can keep strict stop loss based on Rs. like u will not loose more than 1000/- per trade irrespective of traded value..

(4) Everybody can follow stop loss as per GANN calculator / Pivot levels which has been already discussed here

Please note all stop loss depends on individual and their risk appetite, but the main thing to be remembered is u have to follow some STOP LOSS...

Always remember if you want to remain in market and make money then following Stop Loss is the only way as if u follow stop loss u can take multiple trades within your stipulated capital...

Following eg.

(1) A person buys 100 shares of XYZ Co. at 100 and keep stop loss of 97...The stock hits stop loss his loss is 100 shares x 3/- = Rs.300/-...So he still has capital of 9700/- (Rs.10000 - Rs.300/-)

(2) Another person buys same 100 shares of XYZ Co. at 100 and does not keep stop loss. It goes below to 97/- he is not exiting assuming and hoping it will atleast come back to his original price and he will exit...it falls further to 94/- he thinks he will exit if it comes back to atleast 97/- then finally it falls to 89/- If he is still intelligent he may atleast exit at 89/- but in case he does not exit...??? Loss incurred by him till now Rs.1,100/- (Rs.100 - Rs.89 = Rs.11/-) He has lost Rs.1,100/-

If you compare both the first personal has still an advantage of Rs.800/- to take another trade..(Rs.1100 lost by 2nd person and Rs.300/- lost by 1st person).

Above illustration is only to tell all of you to FOLLOW STRICT STOP LOSS...
If any further advice / eg...or any help needed pls provide your mail id whenever I get free time will reply.

Thanks :-)

Thnx CB sir for ur support..

Hi ankush, Pls read my above post regarding stop loss...Dont worry u can recover your loss.. Why u did not exit PNB I had told it will go to 801 and below...

R u left with atleast Rs.5,000/- or Rs.10,000/- ?

Okay sir...