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  1. neelimakumar Says:
    November 23rd, 2010
    Posted at: 1:00 pm

    The Nifty has breached the 5900 level following panic selling in Asian markets on the back of news of at least 200 artillery shells allegedly being fired at South Korean islands and the latter has gone on the highest non-war time alert as per the military, reports CNBC TV18


  2. arun Says:
    November 23rd, 2010
    Posted at: 1:06 pm

    hi Kartik/CB, wats happening with mkt...SBI trading near 2900 I am holding at 3220 plz help me wat should I do. will we see more downside or should I avg it?

    plz help me I am already facing huge loss....

    CB, replies: Hi arun, just came back. had been out

  3. usha Says:
    November 23rd, 2010
    Posted at: 1:28 pm

    BAD news ..politically some issues in N.Korea and S.Korea.
    What is the best strategies...just sell of longs in nov futures

    CB, replies: Hi usha, yes, if holding puts, continue to hold for now. hopefully its not a full stretched war and hope things get clear by evening

  4. sudss Says:
    November 23rd, 2010
    Posted at: 1:36 pm

    nothing much to do on nov futures unfortunately, but after the knee jerk reaction, a lil bit of recovery is possible... i dont think selling longs ryt now at the lowest point is the best thing to do, but better to wind up options with far away targets....
    the korea issue need to be looked into... its almost certain that the UN will interfere... they are just waiting for a reason... in that case, hope things gets better, not worse


  5. H3M4NG Says:
    November 23rd, 2010
    Posted at: 1:36 pm

    "Our navy was conducting a maritime exercise near the western sea border today. North Korea has sent a letter of protest over the drill. We're examining a possible link between the protest and the artillery attack," presidential spokeswoman Kim said, according to Yonhap.

    as posted on cnn.com


  6. razna Says:
    November 23rd, 2010
    Posted at: 1:37 pm

    sir my holdings utvsoft@610,sparc@110,jktyre@168,fortis@158,trend electronics@114 , are coming down and down. sir please give advice


  7. arun Says:
    November 23rd, 2010
    Posted at: 1:38 pm

    Hello Friends

    Are CB/Kartik not available today?

    CB, replies: Hi arun, just came back. had been out

  8. sudss Says:
    November 23rd, 2010
    Posted at: 1:39 pm

    they will be here soon arun, just away for a while


  9. CB Says:
    November 23rd, 2010
    Posted at: 1:39 pm

    Hi usha, yes, if holding puts, continue to hold for now. hopefully its not a full stretched war and hope things get clear by evening


  10. anivesh Says:
    November 23rd, 2010
    Posted at: 1:40 pm

    Hi Kartik,

    what should i do? I exited REC and OBC Fut yesterday at a loss of 85K. Still Holding Pantallon Fut@ 526. what to do now?
    how should i recover my losses?

    Also pl tell me i ahve 99 Coal India left. Can i sell them to have money with me?

    CB, replies: Hi anivesh, yes lets wait till tomorrow to buy them back. hold coal. dont sell at this level. wait for some bounce.

  11. usha Says:
    November 23rd, 2010
    Posted at: 1:45 pm

    CB,

    Suppose we are below 5900 for today then should i sell of my long(IDFC) at market price and pick up 5700 put/5800 put dec series.

    CB, replies: Hi usha, yes, do that if nifty heads for a close below 5850

  12. anivesh Says:
    November 23rd, 2010
    Posted at: 1:46 pm

    CB,

    REC went to 337 now 346, OBC went to 450 now 455?.

    CB, replies: Hi anivesh, yes, seeing some short covering. wait till 2-3pm

  13. nvaradahnn Says:
    November 23rd, 2010
    Posted at: 1:47 pm

    HI CB good After Noon,Is it time to enter SBI, L&T, RIL, bhel and Tata Steel

    CB, replies: Hi nvaradahnn, go with bhel in small quantity for now.

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