Quotes with Resistance & Support
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  1. AJAY MAHANTH Says:
    April 8th, 2011
    Posted at: 11:41 pm

    Sir, I am Neyveli Future @ 112.6, what's up for monday?

    CB, replies: Hi AJAY MAHANTH, its a hold for now. it can head upto 116. good support at 110-111.

  2. AJAY MAHANTH Says:
    April 8th, 2011
    Posted at: 11:44 pm

    bought @ 112.6 Neyveli Future, on MONDAY?

    CB, replies: Hi AJAY MAHANTH, its a hold for now. it can head upto 116. good support at 110-111.

  3. CB Says:
    April 8th, 2011
    Posted at: 11:57 pm

    Hi vijay, Nice to hear that suzlon does look a bit strong. if possible hedge with a 60 call for now. if markets correct it will see 47-48 again.. technically above 54 does look a bit strong

    Hi paridhi, no, if stock closes above resistance for 1-2 days, one can enter long

    Hi AJAY MAHANTH, its a hold for now. it can head upto 116. good support at 110-111.


  4. Hi-Bye Says:
    April 9th, 2011
    Posted at: 12:03 am

    hello,i am holding acropetal tech at 54,so is it hold or exit???and why is it still falling???it reached 51 at the end of the day.please do reply thanks

    Kartik, replies: Hi Hi-Bye, being a new listing its likely to be volatie. hold it for now. fundamentally looks ok. keep sl at 48

  5. Vikram Says:
    April 9th, 2011
    Posted at: 12:41 am

    Hi,

    How does S Kumars look for Monday (In futures)?

    Kartik, replies: Hi Vikram, seems can see 71

  6. srp Says:
    April 9th, 2011
    Posted at: 7:24 am

    Hi cb/kartik, i want to add jayaswal neco around 25Rs. to my portfolio for long term???

    Kartik, replies: Hi srp, enter it around 23 for Long term

  7. DJ Says:
    April 9th, 2011
    Posted at: 8:34 am

    hi cb kartik
    i am long on NTPC@186 & [email protected] do u suggest to do?exit or hold?

    Kartik, replies: Hi DJ, hold NTPC with a SL at 180 and SAIL with a SL at 168 (strong support at 170)

  8. abhi Says:
    April 9th, 2011
    Posted at: 8:44 am

    Hii can I go long in futures on ril or cairn watchng the crude go high?

    Kartik, replies: Hi abhi, no, not yet

  9. shriniwas Says:
    April 9th, 2011
    Posted at: 9:32 am

    Hi cb /kartik, holding electrosteel casting @34, hold or exit ???

    Kartik, replies: Hi shriniwas, hld it for Short term

  10. salim Says:
    April 9th, 2011
    Posted at: 9:33 am

    hi sir, i am holding fcs software 10000@ 1.40, birlapower [email protected], give me your suggetion. Thank you.

    Kartik, replies: Hi salim, they are good bets for Long term, continue to hold them

  11. ronald Says:
    April 9th, 2011
    Posted at: 10:40 am

    dear kartik any swing calls for this week ?

    Kartik, replies: Hi ronald, no, not yet

  12. ranjit Says:
    April 9th, 2011
    Posted at: 10:50 am

    dear cb/karthik,
    whats the opinion about patel engineering and ivrcl infra,,,which is better for a buy,,,,? as these stocks corrected lot,,,can i enter in current stage?

    CB, replies: Hi ranjit, if patel eng holds onto 170 levels, one can enter it

  13. ptm Says:
    April 9th, 2011
    Posted at: 10:59 am

    Economic times news: The highest open interest continues to be at 5800 Put (5.8 million shares), which is likely to give a strong support to the market and 6000 Call option (6.6 million shares) which may act as an immediate hurdle on upsides.

    My query (doubt): how can we conclude this statement? having highest OI in 5800 put - how becomes support? please explain to understand with logic. thanks sir

    CB, replies: Hi ptm, hope this link helps. at the bottom of the page you will see what rising OI and falling price means: http://nseguide.com/what-is-open-interest/

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