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sudss Says:
March 15th, 2011
Posted at: 7:04 pm
thanks a lot kartik, couldnt really read volumes.. getting a hang of the candles though... thanks for ur help... so u mean to say, the volume is red because it closed 1.35% below yesterdays close though it moved up during the day(opening lower and moving up but still staying below yesterdays close), is it? so what does it suggest? high volumes are supportive of the trend, isnt it? so it suggests the stock will move up?
Kartik, replies: Hi sudss, 1 M(Million)==10 lacs, 8M==80 Lacs, no, its just the way the candles are built, this shall help: http://nseguide.com/what-are-candlestick-charts/
Kartik Says:
March 15th, 2011
Posted at: 7:11 pm
Hi sudss, 1 M(Million)==10 lacs, 8M==80 Lacs, no, its just the way the candles are built, this shall help: http://nseguide.com/what-are-candlestick-charts/
RK.Murugesan Says:
March 15th, 2011
Posted at: 7:12 pm
Sir,
Thanks for your reply.
Kartik, replies: Hi RK.Murugesan, most welcome
sudss Says:
March 15th, 2011
Posted at: 7:23 pm
had read through tht... i am able to relate to the candle sticks... what i am confused about is the volume bars... is there anything tht can help?
Kartik, replies: Hi sudss, if the stock closes negative the volume bar will be green else red, they are often used to view if there has been some buying interest lately
suresh Says:
March 15th, 2011
Posted at: 7:47 pm
can i buy reliance fno for tommorrow
Kartik, replies: Hi suresh, no, dont enter it yet
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March 15th, 2011
Posted at: 7:55 pm
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venkt Says:
March 15th, 2011
Posted at: 7:56 pm
sir 2day iby relcap at 577,and it come down to 565,what is 2morow tgt and short term target pl tell me
Kartik, replies: Hi venkt, its likely to trade flat tomorrow, hold it with a SL at 555 for 3-4 days
Sumit Says:
March 15th, 2011
Posted at: 8:34 pm
Japan's Nikkei Futures are up by 240 points as of now..Looks like a good short covering in asian markets tomorrow
Kartik, replies: Hi Sumit, Dow still seems to be trading weak togh
Shri Says:
March 15th, 2011
Posted at: 8:40 pm
Hi Cb,
IS it the right time to buy stocks related to natural energy, renewable energy??? like Indosolar, Suzlon...
Kartik, replies: Hi Shri, IndoSolar can be bought for Long term, dont enter Suzlon yet
vsmutha Says:
March 15th, 2011
Posted at: 8:51 pm
Hi Sir As i have shorted india infoline future at 78 now it is down what sholud i do now should i book Loss Or Re-enter For avg? Please Suggest Thanks
Kartik, replies: Hi vsmutha, continue to hold it with a trailng SL at 62 for another 2-3 days
Nihar Says:
March 15th, 2011
Posted at: 9:12 pm
thanks KARTIK for ur reply...I have one more scrip FCH @ 160.Shall i book loss or hold for sometime.
Kartik, replies: Hi Nihar, FCH is a average bet fundamentally and might take some time to recover, if possible hold it for 1-2 years
kvrk Says:
March 15th, 2011
Posted at: 9:43 pm
hai cb, today all stocks are down. but bajaj electricals moved up. your view
Kartik, replies: Hi kvrk, it has been in a narrow range lately, faces strong resistance at 240 above which it can do well
shiva Says:
March 15th, 2011
Posted at: 9:46 pm
i have carried both calls and puts for nifty...todya nifty coverd almost 100 points...can we expect same tomorrow??
Kartik, replies: Hi shiva, cant be sure yet, more depends on how Asian ques react tomorrow