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  1. UNIB Says:
    March 2nd, 2011
    Posted at: 8:33 pm

    is i enter lic nw what is tomarrow target

    CB, replies: Hi UNIB, its facing resistance near 200. dont enter it yet.

  2. rajesh Says:
    March 2nd, 2011
    Posted at: 8:53 pm

    hi cb having nifty futures @ 5337, pls guide,should i hold or trail stoploss or book profit, at what level....
    thanks

    CB, replies: Hi rajesh, yes, hold it for now. keep trailing sl at 5440 and hold it.

  3. deepanker jha Says:
    March 2nd, 2011
    Posted at: 8:55 pm

    hi kartik,where do u see itc tomorrow assuming a gap down opening.?will nifty try to recover or again back to 5280

    CB, replies: Hi deepanker jha, can see 175.50. markets may open lower. has strong support at 5460-5500

  4. CB Says:
    March 2nd, 2011
    Posted at: 8:55 pm

    Hi shiva, yes, go with it with strict sl near 5440

    Hi Sana, most welcome

    Hi pankaj, it looks good. can see 920

    Hi KALA69, yes, one can enter it. is a good bet for short/med term

    Hi vijaya, go with india info for now. can see 85

    Hi UNIB, its facing resistance near 200. dont enter it yet.


  5. deepanker jha Says:
    March 2nd, 2011
    Posted at: 9:02 pm

    thx for replying cb.so u mean that even if market goes lower,itc will remain strong?

    CB, replies: Hi deepanker jha, yes, being a defensive play, likely to hold on

  6. SACHIN Says:
    March 2nd, 2011
    Posted at: 9:05 pm

    I have bought Nifty 5300 PE at 65.00Rs i.e.-Spot 5490, hole it or sale........pls suggest the exit lavels

    CB, replies: Hi SACHIN, hold it for few days. likely to see lower levels again

  7. IJ Says:
    March 2nd, 2011
    Posted at: 9:06 pm

    Hi,

    Can I buy any of the bank stocks tomorrow?

    Thanks!

    CB, replies: Hi IJ, uco bank can be bought in small quantity

  8. Sandeep Ch Says:
    March 2nd, 2011
    Posted at: 9:07 pm

    Dear CB/Kartik,
    Holding Allahabad Bank @240. Should I continue to hold it or switch ?
    Plz tell me the immediate target. If I should switch then where ?
    Thanx.

    CB, replies: Hi Sandeep Ch, its a hold. its a strong bet. likely to recover back.

  9. manish Says:
    March 2nd, 2011
    Posted at: 9:34 pm

    what is the impact of budget on fertilizer stocks

    CB, replies: Hi manish, has not had any effect on it.. they are likely to move with the markets

  10. salim Says:
    March 2nd, 2011
    Posted at: 9:36 pm

    hi sir, sbi mut f, please suggest me one. Long term 10.years (sip).and other 2 company also. Thank you.

    CB, replies: Hi salim, go with sbi contra fmcg fund and also hdfc top 200 and axis equity fund.

  11. Sunil Says:
    March 2nd, 2011
    Posted at: 9:44 pm

    Hi Karthik,

    Some very experienced traders say that if you have enough money (like 5-7 lakhs
    ) it is better to day positional trading rather than intraday..what are your thoughts on this?

    CB, replies: Hi Sunil, it depends. intraday is always riskier but if one trades with discipline one can make good money

  12. sonali Says:
    March 2nd, 2011
    Posted at: 10:01 pm

    Hi

    Do you think we can sustain the current gains and move past 200 DMA? Sharekhan has given a target of 5700. Is that possible? Or is there more downside from here and this is just a bull trap?

    Thank you!

    CB, replies: Hi sonali, 200dma will act as strong resistance. crossing it anytime soon seems unlikely. possible test it once

  13. Riyaz Says:
    March 2nd, 2011
    Posted at: 10:31 pm

    Hi CB,

    Can I continue to hold Hindalco ?

    Also pls tell me the expected target too.

    Thanks

    CB, replies: Hi Riyaz, yes, hold it. above 214 can see 220

  14. Brill Says:
    March 2nd, 2011
    Posted at: 10:33 pm

    Dear CB/Kartik,

    Chart not updated for today? can i enter torrent power for short medium term

    thanks
    Brill

    CB, replies: Hi Brill, markets were closed today.. torrent power can be bought above 238

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