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CB Says:
August 29th, 2009
Posted at: 7:37 pm
Hi som, hold it for 2-3 days. it can see 340. it has given a good breakout on Friday
Hi ramsingh, hold it for some more time. it is consolidating after the huge upmove. it will higher again in short term
ramsingh Says:
August 29th, 2009
Posted at: 7:40 pm
Hai CB!
What is the price target for Jindal south west holding. And KNR construction. Please mentioned target price. and holding period.
CB, replies: Hi ramsingh, jindal drilling can see 710 and knr around 120 in a months time
Mathew Says:
August 29th, 2009
Posted at: 8:18 pm
Hi CB, what are the chances of the market tanking 4450-4500 level in this expiry now, that the Nifty has broken the crucial resistance level? What percentage of chance do you forsee for it?
CB, replies: Hi Mathew, markets are still at resistance levels.if we manage to close above 4730 for couple of days we can see 4800 in short term. technically some profit booking is likely anytime soon
Radhika Says:
August 29th, 2009
Posted at: 8:36 pm
Hi CB, I am looking forward to invest about 200K for short term. Is it a good time to enter next week or should I wait for a correction. roughly by how many points is nifty expected to correct.
CB, replies: Hi Radhika, wait for some dip.. invest in Crompton around 310, Unitech around 90, and Hero honda around 1300-1350 levels.
Ravikumar Sivaramakrishnan Says:
August 29th, 2009
Posted at: 8:43 pm
Dear Chirag,
I think market will go down on monday due to profit booking and drought hit.Then what will happen to United Spirits?Now it [email protected] drought hit affect United Spirit also ?.
CB, replies: Hi Ravikumar Sivaramakrishnan, hold it. it is looking strong now and can see 1100 this month. drought news is already factored by the markets. if we see some downside United is likley to hold on
Radhika Says:
August 29th, 2009
Posted at: 9:01 pm
Thanks CB
CB, replies: Hi Radhika, most welcome
Mathew Says:
August 29th, 2009
Posted at: 9:08 pm
Hi CB, as we are in an upmove, I don't think it is safe to hold my short positions for very long. What should be my target to cover in the next few days?
CB, replies: Hi Mathew, would advice to hold on. we have had a non stop rally and this is likely to take a pause soon. also markets usually tend to surprise on the opposite side once everyone starts talking of an upmove.. lets see. for puts keep with a strict sl at 4750. hold nifty shorts for some more time.
chander prakash Says:
August 29th, 2009
Posted at: 9:55 pm
I have 1500 Astra Microwave Products @Rs.86.
I also have 1000 RNRL @89.
Please advise me for short term and long term pespective.
CB, replies: Hi chander prakash, in short term astra can see 98 and rnrl around 100.in long term they can double. hold them
wasim Says:
August 29th, 2009
Posted at: 10:28 pm
I have hindustan unilever share @ 277..what i have to do..?..any chance to get profit?
CB, replies: Hi wasim, keep it for a months time..it can see 290
dorathy Says:
August 29th, 2009
Posted at: 10:33 pm
hi cb i have taken suzlon at 118 and 110......how long will it take to reach the target should i hold or average it at dips plz advice me what to do
CB, replies: Hi dorathy, yes. avg it on dips.its a good bet and has a target of 130.. ICICI may open around 760. Cummins has resistance at 350..one can buy it above this level
dorathy Says:
August 29th, 2009
Posted at: 10:39 pm
cb what can be the opening of icici bank on monday
CB, replies: Hi dorathy, yes. avg it on dips.its a good bet and has a target of 130.. ICICI may open around 760. Cummins has resistance at 350..one can buy it above this level
dorathy Says:
August 29th, 2009
Posted at: 10:43 pm
cb whats ur opinion on cummins india how far can it go on monday
CB, replies: Hi dorathy, yes. avg it on dips.its a good bet and has a target of 130.. ICICI may open around 760. Cummins has resistance at 350..one can buy it above this level