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  1. akj Says:
    March 15th, 2011
    Posted at: 5:36 pm

    sir still holding escort short and hexawere short 1 lot each. Pliz advice

    Kartik, replies: Hi akj, hold them for another 1-2 days, we could see some more downside ahead

  2. rao Says:
    March 15th, 2011
    Posted at: 5:53 pm

    Sir, Holding 5600 call @85, please suggest me on this, also please suggest me if i need to hedge? how will be the markets for tomorrow? will my call recover back? Thanks in advance

    Kartik, replies: Hi rao, as of now we look weak, dont Hedge yet, continue to hold it for a weeks time

  3. Mythreyi Says:
    March 15th, 2011
    Posted at: 6:18 pm

    Good evening! What would the
    Reserve Bank of Indias action in increasing CRR to 80% for banks spell for the markets tomorrow? Thanxs

    Kartik, replies: Hi Mythreyi, not likely to have a major impact since Global ques look weak, more depends on how U.S Markets trade tonight

  4. Prasad.s.v.s Says:
    March 15th, 2011
    Posted at: 6:37 pm

    today i buy nifty at 5480 . closing at 5460. please give advice about tomorow. should i book los?

    Kartik, replies: Hi Prasad.s.v.s, more depends on how U.S markets react tonight, lets wait to see how Global ques shap up

  5. Kartik Says:
    March 15th, 2011
    Posted at: 6:42 pm

    Hi chandan, no new calls of now, Markets look weak, next support at 5350

    Hi RK.Murugesan, enter it below 130 (strong support)

    Hi rao, as of now we look weak, dont Hedge yet, continue to hold it for a weeks time

    Hi Nihar, except Gokaldas Exports Ltd all of the are strong bets fundamentally for Long term, hold them, exit Gokaldas Exports Ltd on any rise

    Hi akj, hold them for another 1-2 days, we could see some more downside ahead

    Hi Mythreyi, not likely to have a major impact since Global ques look weak, more depends on how U.S Markets trade tonight


  6. sudss Says:
    March 15th, 2011
    Posted at: 6:52 pm

    hi kartik... can you help me understand this? in the one month chart of tatasteel (eod chart in chartink), today's candle shows a white block (the stock moved up). but the volume stick below shows a huge red block... of 8M... i thought the block meant delivery volume - buying if green and selling if red... is my idea correct? it is showing huge selling volume today inspie of the stock moving up?

    Kartik, replies: Hi sudss, the candle is white because the close is greater than the open (due to gapdown opening, the stock recovered later), the volume bar id red because the stock closed down by 1.35% (if the open would have been greater than the close, then the candle would be red)

  7. 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/

  8. RK.Murugesan Says:
    March 15th, 2011
    Posted at: 7:12 pm

    Sir,
    Thanks for your reply.

    Kartik, replies: Hi RK.Murugesan, most welcome

  9. 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

  10. 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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  12. 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

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