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Kartik Says:
February 11th, 2011
Posted at: 5:42 pm
Hi anivesh, its always safe to book profits on rise in these volatile Markets
Hi Harish, auto stocks have rallied quite a lot in the past few months, would be better to book profits in it at CMP, BEML, Kalindee, Balmer Lawrie, Smartlink can be bought for Long term at current levels (enter in small quantity at CMP to avg if Markets turn weaker ahead)
Hi afzal, realty stocks look weak as of now, wait for some time for Markets to settle, avoid exelon, it has rallied quite a lot, can see profit booking ahead
Hi gayaram, most welcome
kamlesh Says:
February 11th, 2011
Posted at: 6:00 pm
Sir, How do u see GVK Power, GMR Infra and Ashokley for long term.
Kartik, replies: Hi kamlesh, they look weak at CMP, wait for some time
renji Says:
February 11th, 2011
Posted at: 6:01 pm
sir what is resistance level for nifty, can we expect further correction.
how about market on monday
Kartik, replies: Hi renji, resistance at 5370, likely to see a bounce of another 1-2%
anivesh Says:
February 11th, 2011
Posted at: 6:05 pm
ok.......
i have UFLEX 200@ 218
You stoped me to average it yeasterday. Should i average it around 135-140 levels....or i should i wait? Also, Polyplex has come from 180to 224 again.....can we buy it at cmp?
Kartik, replies: Hi anivesh, no, the stock had rallied from 90 to 300+ levels in less than a years time, it looks weak overall, also the government has put a plastic ban for gutka products which will shall reduce its sales in the coming quarters, same goes to Polyplex (rallied from 95 to 500+ levels in less than a year)
yf Says:
February 11th, 2011
Posted at: 6:17 pm
Hi Kartik,
BFinvest 3days target.
Kartik, replies: Hi yf, likely to see some consolidation ahead
Ankit Shah Says:
February 11th, 2011
Posted at: 6:57 pm
is market on a road to recover now?
Kartik, replies: Hi Ankit Shah, we could see another 2-3% bounce in the coming week, but overall below 5370 we look weak
RK.Murugesan Says:
February 11th, 2011
Posted at: 7:11 pm
Sir,
Can we see Bharti Airtel below Rs 300.00 in next week due to TRAI recomendations affect its profit ? Pl. suggest.
Kartik, replies: Hi RK.Murugesan, the profit decline will show up in the next coming quarters, can see around 312 in next week
Shri Says:
February 11th, 2011
Posted at: 7:12 pm
Hi CB,
I am holding 3 lots 5200 [email protected] 39
Can this recover? What to do?
Kartik, replies: Hi Shri, we are likely to see some more recover ahead, enter a CALL to hedge
prem Says:
February 11th, 2011
Posted at: 7:14 pm
Is Market in recovery mode...????Monday wt ll going happen...????Nifty support @ resis...?????suggest me....
Kartik, replies: Hi prem, likely to see some more bounce ahead, resistance at 5370, support at 5180
Das Says:
February 11th, 2011
Posted at: 7:37 pm
do you see a market crash this monday?
Kartik, replies: Hi Das, not likely, we can add another 20-30 points
karan Says:
February 11th, 2011
Posted at: 7:44 pm
sir
i have 5200 pe i hold it or exit monday
Kartik, replies: Hi karan, hold it with a SL at 5370 on Nifty