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  1. Kartik Says:
    April 20th, 2011
    Posted at: 8:26 pm

    Hi Prateek, cash

    Hi Jeet- Siliguri, In Options there are a set of calls and puts know as CA and PA at every levels. eg: Unitech has a CA at 90, 80, 70 as well a PUT 90, 80, 70. A trader thinking that Unitech might touch or move higher to 90, might enter 90 or 80 Call (CA), now if the stock moves up, then the price of the CALL will rise and at the same time the price of the PUT will decrease (since a put is bought when a trader expects a stock to move lower), calls and puts are available at cheap rates, i.e ranging from 3000 to 10000.

    Now each of the above contract has a validity of one month, i.e you can purchase a Untiech 90 CALL in the current Month, and at the end of every month, you need to sell it, otherwise it will be automatically be squared off by the exchange. So this creates some selling pressure sometimes for some stocks listed in Futures and Options, which in turn might cause the Markets to go down


  2. Pankaj Says:
    April 20th, 2011
    Posted at: 8:27 pm

    Hi CB, cud u plzz gimme d supports nd resistences for Vijaya Bank nd Siemens for tommorrow.

    Kartik, replies: Hi Pankaj, Vijaya Bank looks strong above 90, can see 94 tomorrow, Siemens faces strong support at 840, resistance at 880, likely to trade flat

  3. Raj Says:
    April 20th, 2011
    Posted at: 8:36 pm

    CB/ Kartik,
    Need tomorrow's range for Jindalstel (having results tomorrow).

    Kartik, replies: Hi Raj, can see 682 tomorrow

  4. shrikanth Says:
    April 20th, 2011
    Posted at: 9:02 pm

    HI CB, I have applied for 2 lakhs in Muthut finance. Retail is undersubscribed. Will it open lower than the the IPO price?

    Also how is Paramount Printpackaging Limited IPO?

    Kartik, replies: Hi shrikanth, not sure of Paramount, but Mudhoot looks good, can add 15-20% listing gains

  5. vishwanath Says:
    April 20th, 2011
    Posted at: 9:08 pm

    in ichimoku cloud indicator,which is better.weekly or monthly

    Kartik, replies: Hi vishwanath, mostly daily and weekly

  6. vishwanath Says:
    April 20th, 2011
    Posted at: 9:14 pm

    sorry fort the error in previous question.should be daily or weekly

    Kartik, replies: Hi vishwanath, mostly daily and weekly

  7. bhavinchoksi Says:
    April 20th, 2011
    Posted at: 9:20 pm

    hi cb,
    my portfolio is at break even now wat do u advise should i hold my stocks or get out from them wat market levels can v expect....

    Kartik, replies: Hi bhavinchoksi, continue to hold them for 15-20% gains

  8. MURUGAN Says:
    April 20th, 2011
    Posted at: 9:25 pm

    good evening cb asper ur advice yesterday night i booked partial profit at delta corp what will be the target tomorrow and please tell me the target for orbit corp can i enter at cmp

    Kartik, replies: Hi MURUGAN, avoid Orbit, continue to hold Delta for another 2-3 days with a trialing SL at 95

  9. anks Says:
    April 20th, 2011
    Posted at: 9:33 pm

    sir target for silver for 1 year prospective.

    Kartik, replies: Hi anks, could add 30-35% in a years time

  10. suresh Says:
    April 20th, 2011
    Posted at: 9:33 pm

    SIR I HAVE BHARTI AIR TEL & ABG SHIPYARD LOT CAN I MAKE PROFIT TOMOROW

    Kartik, replies: Hi suresh, yes, they are likely to add another 1-2%

  11. jayesh Says:
    April 20th, 2011
    Posted at: 9:41 pm

    hi cb/kartik

    bought syndicate bank@ 124.90 april fut

    what tgt can be expected tomorrow

    thanks

    Kartik, replies: Hi jayesh, can see 126

  12. harry Says:
    April 20th, 2011
    Posted at: 9:42 pm

    hi Kartik i am in short in apollo tyres at 70 in may series, should i continue to hold

    Kartik, replies: Hi harry, hold with a tight SL at 71, strong resistance at 70

  13. anks Says:
    April 20th, 2011
    Posted at: 9:44 pm

    sir i have tcs put 1150 @ 12.30 and tcs call 1300 @ 12.30 is this a right move as tcs is posting its result tomorrow.

    Kartik, replies: Hi anks, it can be very volatile ahead of its results, hold your PE with a tight Sl at 1230, hld the CE with a SL at 1190 (cash)

  14. Raj Says:
    April 20th, 2011
    Posted at: 9:52 pm

    Hi anks, You are trying to do a Long Strangle..
    Seems smart.
    But managing both becomes a problem, because your one leg earns, & other one loses.
    & since both are out of the money, they will SHRINK till 3:30pm
    check this with IDBIBANK, HDFCBANK, YESBANK calls & puts.
    these have announced results, but still no results found, loss is posted.
    The sudden spike after results lasts just for 5-6 seconds, where you cant place the order, time goes off & your losses start.
    In stock market, we have to keep one side naked for profits, thats truth.
    Otherwise everyone in this world would have bought strangles & become rich..
    Anyways, Best of Luck..


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