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  1. CB Says:
    May 5th, 2011
    Posted at: 4:21 pm

    Hi ROY, good support at 55. if trades below 55 for some time, can see a 3-4% fall. if holds onto it, can expect it to touch 56.50


  2. jalpak Says:
    May 5th, 2011
    Posted at: 4:21 pm

    can i enter united phos for short term

    CB, replies: Hi jalpak, dont enter it yet. has strong resistance near 160

  3. nagavenu Says:
    May 5th, 2011
    Posted at: 4:35 pm

    Hi sir,

    Is it a right time to buy axis bank @ cmp or shall I wait for some more time ?.. If so, until what price?????

    CB, replies: Hi nagavenu, not yet. enter near 1180

  4. Kartik Says:
    May 5th, 2011
    Posted at: 4:51 pm

    Good even! The nifty futures is at a discount to nifty spot rates.. Wht does that indicate?thanxs

    CB, replies: Hi Kartik, it indicate selling pressure in futures segment

  5. sumit Says:
    May 5th, 2011
    Posted at: 4:56 pm

    sir i have sterlite fut @ 180 now it has come down to 169 what do you suggest ?

    CB, replies: Hi sumit, its a hold for short term. once markets improve a bit, it will recover

  6. nagavenu Says:
    May 5th, 2011
    Posted at: 4:59 pm

    Sir,

    BGR recommended as swill call at 584/-. Iam still not entered.. Shall I proceed to buy at cmp or simply ignore??

    CB, replies: Hi nagavenu, for now lets wait.

  7. Firoz Says:
    May 5th, 2011
    Posted at: 5:23 pm

    sir, What your views on Yes Bank as i brought 1000qty for May Fut at 299 can we see this before expiry and whats your view on Mundra Port.

    CB, replies: Hi Firoz, it has strong support at 280 levels. hold onto it for now. can see 300 in coming days

  8. Jalpak Says:
    May 5th, 2011
    Posted at: 5:31 pm

    Can i enter hfcl

    CB, replies: Hi Jalpak, no, enter it lower near 17 levels

  9. Rajiv Says:
    May 5th, 2011
    Posted at: 5:39 pm

    I have bought axis bank at 1240 for 3month i can hold plz sugg?

    CB, replies: Hi Rajiv, no, dont avg it yet . continue to hold onto it for short term.

  10. Rajiv Says:
    May 5th, 2011
    Posted at: 5:41 pm

    I have bought axisbank delivery at 1240 plz sug

    CB, replies: Hi Rajiv, no, dont avg it yet . continue to hold onto it for short term.

  11. ABHISHEK Says:
    May 5th, 2011
    Posted at: 5:48 pm

    Hi,
    apollo tyres gave a good bounce today contrary to market.can i go long in fut on small dip in apollo with a months horizon?thanks

    CB, replies: Hi ABHISHEK, yes, seems can head upto 74 in coming days.

  12. Hanumanth Says:
    May 5th, 2011
    Posted at: 5:56 pm

    Hai
    Will investing in Power Finance IPO be benificial for long term (10 years) ?
    What rate of return can v ecpect?

    CB, replies: Hi Hanumanth, yes, its a good long term bet.

  13. jayesh Says:
    May 5th, 2011
    Posted at: 6:03 pm

    hi cb

    if a stock futures goes in premium from discount with shedding open interest does that indicates short covering or buying

    thanks

    CB, replies: Hi jayesh, hope this helps: http://nseguide.com/what-is-open-interest/

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