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  1. SANDEEP NEGI Says:
    February 11th, 2011
    Posted at: 8:43 pm

    Hi Kartik

    Today bounce was just short covering or fresh buying seen in mkt.We can say botttom out here.

    Kartik, replies: Hi SANDEEP NEGI, short covering, we could see a fresh buying bounce in the coming days

  2. Kartik Says:
    February 11th, 2011
    Posted at: 8:48 pm

    Hi Das, the entire metal space was trading weak today, as copper and other metals traded weak in commodities

    Hi mat, most welcome

    Hi SANDEEP NEGI, short covering, we could see a fresh buying bounce in the coming days

    Hi neelimakumar, one cant be sure as we saw some short covering today, Markets overall still look weak, wait for FII's selling pressure to ease off


  3. RK.Murugesan Says:
    February 11th, 2011
    Posted at: 8:52 pm

    Sir,
    What level can see POWER GRID on monday ?

    Kartik, replies: Hi RK.Murugesan, can see 97.50

  4. Mahesh Says:
    February 11th, 2011
    Posted at: 9:05 pm

    Karthik Sir
    Holding following stocks (purchase rate also mentioned)
    Polyplex@ 472.5
    South Indian Bank@24
    Wockhart @ 376
    Indusind Bk@277
    Shalimar wires @ 36

    Now all are far below the purchase rate.Kindly advice my next strategy?are all these fundamentaly strong.can we expect the purchase cost with in 2 months.how many days shall i keep this stocks with me.
    Regards
    Mahesh

    Kartik, replies: Hi Mahesh, Polyplex had rallied quite a lot and might take some time to recover, others look good for Mid/Long term in investment, continue to hld them, dont avg them out yet

  5. shiva Says:
    February 11th, 2011
    Posted at: 9:16 pm

    shall one book profits in calls? on rise on monday?

    Kartik, replies: Hi shiva, hold them with a trailing SL at 5300

  6. shiva Says:
    February 11th, 2011
    Posted at: 9:59 pm

    can we expect bounce in railways stocks?? do u think kalindee can see levels of 170+ in near term

    Kartik, replies: Hi shiva, it can see around 136-138 by next week, can see 180 if in 1-2 months if Markets manage to see some recovery

  7. SANDEEP NEGI Says:
    February 11th, 2011
    Posted at: 9:59 pm

    Hi Kartik

    Please advise abt JP associate and Ucobank weekly tgt.JP associate moving from two days. Please advise how we can cheeck the short positions in JP and uco..

    Kartik, replies: Hi SANDEEP NEGI, JP can see 84 and around 104 by next week

  8. Aman Says:
    February 11th, 2011
    Posted at: 10:00 pm

    Kartik whts difference between 5300,5400 call..
    IS CALL & CE same thing.?

    Kartik, replies: Hi Aman, CALL and CE is the same thing, the call you enter (5200 or 5300) is depended on how much upside you foresee

  9. Aman Says:
    February 11th, 2011
    Posted at: 10:15 pm

    for e.g. at present, wht will u opt for, 5350,5400 or 5450..

    Kartik, replies: Hi Aman, the most active one is generally preferred, 5300 (since we crossed it today), 5400 (since this is the next level)

  10. Sushil Says:
    February 11th, 2011
    Posted at: 10:28 pm

    What r d views on TATAMOTORS?

    Kartik, replies: Hi Sushil, auto stocks can see some profit booking ahead, dont enter them for Short term

  11. Sushil Says:
    February 11th, 2011
    Posted at: 10:29 pm

    What r d views on TATAMOTORS?

    Kartik, replies: Hi Sushil, auto stocks can see some profit booking ahead, dont enter them for Short term

  12. Aman Says:
    February 11th, 2011
    Posted at: 10:51 pm

    kartik wht can b required money for NIfty 5400 call with Indiainfoline..

    Kartik, replies: Hi Aman, its a lot of 50, so 50*42.5 (its current price)== 2125 + brokerage charges, you can get the list at http://nseindia.com/content/fo/fomktwtch_top20Contrct.htm

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