Quotes with Resistance & Support
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  1. hilay Says:
    November 28th, 2010
    Posted at: 7:54 pm

    Hi CB/Kartik, Holding IFCI @ 56 and GVK @ 44.... Need your suggestions... I will be able to keep this for just 1 week.... what should I do???

    Thanks in advance...

    CB, replies: Hi hilay, hold gvk with sl at 39.50 for now. ifci can see some bounce from here

  2. sudha.k Says:
    November 28th, 2010
    Posted at: 7:54 pm

    hi cb, can i buy ntpc or nalco or techmahindra or adityabirlanuvo in futures at cmp tomorrow? i have only 10,000 margin money is ther after buying any one of the above futures. please give sugestion with low risk(due to loss 3 lakhs last week) and high profit . please karthik sir and cb sir help me

    CB, replies: Hi sudha.k, sorry to hear about your loss. for now wait for some time to make fresh entry in futures. not much positive news flow from global queues. if markets continue to remain weak tomorrow, enter sesa goa short near 300-305

  3. arun bj Says:
    November 28th, 2010
    Posted at: 8:02 pm

    hi hartik some shares are shows pivot point is higher thann cmp .. in this type of share ll come downn further ... what is the meaning off it

    CB, replies: Hi arun bj, yes, that is a resistance level for the stock

  4. PRAVEEN Says:
    November 28th, 2010
    Posted at: 8:08 pm

    Hello Karthik: What abput the markets tomo. @ What price will GVk POWER open??

    Regards

    CB, replies: Hi PRAVEEN, likely to open near 41. markets seem may open a bit flat.

  5. CB Says:
    November 28th, 2010
    Posted at: 8:24 pm

    Hi dinesh, it has strong support at 1220 levels. one can go long near 1230 levels. also enter a 1220 put to hedge for now

    Hi Kamlesh, it has strong support at 72. can see 76. hold it for now

    Hi ROCK, if in profits, would advice to book for now

    Hi UNIB, no, don't enter it yet. wait for some time


    Hi ramaswamy, Go with dabur near 92 levels. dont enter others yet

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

    Hi kohli, no, dont avg yet. wait for sometime. don't enter jsw and uflex yet. wait for some more dip. 3-5%

    Hi damodar, not really sure why this weakness in the script. technically has good support at 60-64 levels. hold for now. can see some bounce

    Hi srp, no, dont avg. hold for 1-2 months. usually does well as we near rail budget

    Hi prachi, no, not yet. they are going a bit weak

    Hi hilay, hold gvk with sl at 39.50 for now. ifci can see some bounce from here

    Hi sudha.k, sorry to hear about your loss. for now wait for some time to make fresh entry in futures. not much positive news flow from global queues. if markets continue to remain weak tomorrow, enter sesa goa short near 300-305

    Hi arun bj, yes, that is a resistance level for the stock

    Hi PRAVEEN, likely to open near 41. markets seem may open a bit flat.


  6. Kishore Says:
    November 28th, 2010
    Posted at: 8:33 pm

    Hi CB,

    I am plannin to buy shares of City union bank , ITC and Satyam computers for long term.. Please advice

    CB, replies: Hi Kishore, for now go with cub. don't enter others yet

  7. UNIB Says:
    November 28th, 2010
    Posted at: 8:50 pm

    in this level what is nifty support

    CB, replies: Hi UNIB, 5700

  8. lingamraju Says:
    November 28th, 2010
    Posted at: 9:03 pm

    please advice on techmahindra.entry price please

    CB, replies: Hi lingamraju, has strong support at 600. if holds onto these levels, one can go long

  9. shipra Says:
    November 28th, 2010
    Posted at: 9:12 pm

    hi cb..do u see our markets falling more from here ..or from now its +ve
    shld i exit my longs pls..tell me...i am under huge huge losses..
    among unitech,balram and pantaloon...how much more can they fall..
    do u think i should short any script to cover some losses..

    CB, replies: Hi shipra, as of now is quite oversold. if news from korea eases, we could see a good bounce from here. dont go short now.

  10. UNIB Says:
    November 28th, 2010
    Posted at: 9:22 pm

    in these which is best for long means 1 -2 yrs
    dcb
    jpassociates
    southbank
    alok

    CB, replies: Hi UNIB, go with alok and south ind bank

  11. test Says:
    November 28th, 2010
    Posted at: 9:23 pm

    boss

    what will do lic long at 970 and idbi long at 157....
    both are calls.....what level iexit

    CB, replies: Hi test, hold them. lic try and exit on any rise for now. idbi can see 162-164

  12. Kishore Says:
    November 28th, 2010
    Posted at: 9:30 pm

    Hi CB,

    Please advice on IFCI for long term

    CB, replies: Hi Kishore, dont enter yet. wait till the news of banking license is out. if does get the license, it can double.

  13. UNIB Says:
    November 28th, 2010
    Posted at: 9:41 pm

    is market recover tomarrow

    CB, replies: Hi UNIB, seems like a flattish opening. lets see how Asian markets open. possible we see some recovery

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