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CB Says:
March 17th, 2011
Posted at: 6:26 pm
Hi Nihar, hold it for now. did manages to bounce back from support of 110. keep trailing sl at 107 and hold it. can recover back to 120 if markets improve a bit.
S Says:
March 17th, 2011
Posted at: 6:30 pm
Hi CB/Kartik,
Whts ur take on Educom?
Badly stuck.
thx.
CB, replies: Hi S, it does look a bit weak as of now. has support around 400 levels. if holds onto it for some more time, can bounce back to 450
Vikram Says:
March 17th, 2011
Posted at: 6:34 pm
Hi CB,
What about Apollo Tyres and Bhushan Steel...are they looking weak?
CB, replies: Hi Vikram, apollo is seeing profit booking. bhushan can see 460 in coming days.
IJ Says:
March 17th, 2011
Posted at: 6:39 pm
Hi,
Can I buy TCS or Axis Bank for intra day tomorrow?
Thanks!
CB, replies: Hi IJ, one can enter axis bank
robotguy Says:
March 17th, 2011
Posted at: 6:43 pm
Hi Karthik / CB, It is really nice to see you helping small investors free of charge. May god bless you ...
CB, replies: Hi robotguy, thanks for your kind comments. God bless you too
Mythreyi Says:
March 17th, 2011
Posted at: 6:59 pm
Good evening! Continue to hold short positions in nifty and bank nifty? Thanxs
CB, replies: Hi Mythreyi, Good evening. nifty is moving in the 100 point range. yes, for now hold it. if possible hedge with a call
Raghava Says:
March 17th, 2011
Posted at: 7:09 pm
Dear Karthik/CB,
I bought 170 Mphasis shares at 407 ysterday.......it is still sinking...please let me know at what price it will bounce back....Thanks!!
CB, replies: Hi Raghava, yes, has turned weak. would advice to hedge with a 380 put for now
Tom Says:
March 17th, 2011
Posted at: 7:15 pm
CB.. I am badly stuck with my HDFC futures at 668..Please advice.. I am in huge loss in this stock...pleasse advicee...Thx
CB, replies: Hi Tom, hold it for a weeks time. markets may open higher tomorrow. it can head back to 680 in near term.
Pankaj Says:
March 17th, 2011
Posted at: 7:26 pm
Hi CB, .Holding 5500 ce and 5600 ce...any hopes for tommorrow as globals all in green
Kartik, replies: Hi Pankaj, yes, seems we might open higher, hold them for another 2-3 days
akj Says:
March 17th, 2011
Posted at: 7:34 pm
kindly suggest any option to hedge my shorts
Kartik, replies: Hi akj, lets wait to see how Markets open tomorrow, if we sustian higher levels enter 5600 CE
DJ Says:
March 17th, 2011
Posted at: 7:38 pm
CB,
I WANT TO SHORT ANY OF THESE STOCKS IN CASH FOR TOMORROW:
ICICIBANK, INFOSYS OR HDFC.
NEED YOUR HELP TO PICK ONE.
PLEASE SUGGEST TARGETS, STOPLOSS & CAUTIONS,
THANK YOU VERY MUCH..
Kartik, replies: Hi DJ, dont go short on them tomorrow as we might see some recovery
arvind Says:
March 17th, 2011
Posted at: 7:39 pm
call me for live market calls 09424503830
Rajiv Says:
March 17th, 2011
Posted at: 7:39 pm
I have bought educomp at 444 having 400 quantity what shall i do a big loss ?
Kartik, replies: Hi Rajiv, hold it for Short/Mid term, dont avg it out yet
Gitanjali Says:
March 17th, 2011
Posted at: 7:41 pm
HI CB , I am worried as to what I should do with Bata [short .. To day it was trading positive thr' out ..even as the market fell.[usually falls with the market].and the volume was higher[today] as well ..
Was it consolidating , in the narrow range and will move higher now..?
Am a little worried , as tomorrow there could be a gap up opening.. I have short at a low price @ 342 , when it broke support .. but immediately on the same day , it had sprung out of the lows ..
thanks.
Kartik, replies: Hi Gitanjali, continue to hold it, strong support at 338-340, stocks often give small bounces from their strong support levels