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  1. akj Says:
    May 8th, 2011
    Posted at: 2:14 pm

    sir what's best price to average bgr as i've 1 lot@560

    CB, replies: Hi akj, considering market weakness its best to wait for now.

  2. CB Says:
    May 8th, 2011
    Posted at: 2:29 pm

    Hi akj, considering market weakness its best to wait for now.


  3. sanjay Says:
    May 8th, 2011
    Posted at: 2:40 pm

    I have IDFC shares - 100 , should I sell them at current price to buy Aurobindo Pharma (to hold atleast 5-6 years) at current price.

    CB, replies: Hi sanjay, idfc too is a good long term bet. continue to hold onto it. will give good returns. kgl is a hold. has support near 11. after recent news of it being a part of a scam, stock has been going a bit weak. overall its a strong company fundamentally. has been posting decent profits. will recover back in med/long term

  4. Jeet Says:
    May 8th, 2011
    Posted at: 2:42 pm

    Good after noon sir.Intraday target of HDIL for monday.

    CB, replies: Hi Jeet, Good afternoon. it can add 5-6rs it seems

  5. sanjay Says:
    May 8th, 2011
    Posted at: 2:43 pm

    I Have Karuturi Global 400 shares at Rs 25/share would like to hold for 2-3 years . Should average at current price ?

    CB, replies: Hi sanjay, idfc too is a good long term bet. continue to hold onto it. will give good returns. kgl is a hold. has support near 11. after recent news of it being a part of a scam, stock has been going a bit weak. overall its a strong company fundamentally. has been posting decent profits. will recover back in med/long term

  6. akj Says:
    May 8th, 2011
    Posted at: 2:49 pm

    thanx cb

    CB, replies: Hi akj, most welcome.

  7. PTM Says:
    May 8th, 2011
    Posted at: 3:39 pm

    for example: now tata steel at strong support level of 585. how & when to take decision that it has crossed below its support?? pl guide

    CB, replies: Hi PTM, stock needs to trade below the support for 1-2 days, then we can consider it has broken the support level. also need to keep strict sl here. In case of tata steel it managed to bounce back from support level of 582-585 levels. it had a triple bottom formation here. triple bottoms can also be bought when a stock reaches support level with strict sl below the triple bottom. stocks usually tend to bounce back from support levels.

    cb sir: thanks a lot for your guidance. same logic applies to resistance also? say for example if stock hits reistance & not able to cross above the resistance for 1-2 days? can we go short? for example: double top & triple top formation & not able to cross that top for 1-2 days? pl advice.

    CB, replies: Hi PTM, yes, that is correct. if unable to cross it , then one can go short with strict sl. go with 6-9 months time frame

  8. PTM Says:
    May 8th, 2011
    Posted at: 3:53 pm

    for seeing this double top & triple top , double bottom & triple bottom: any time period we shall consider?

    CB, replies: Hi PTM, yes, that is correct. if unable to cross it , then one can go short with strict sl. go with 6-9 months time frame

  9. what is good level to by gmr infra Says:
    May 8th, 2011
    Posted at: 4:01 pm

    is it good level to by infra stock

    CB, replies: Hi what is good level to by gmr infra, no, dont enter these yet. all are looking weak

  10. PTM Says:
    May 8th, 2011
    Posted at: 4:23 pm

    for seeing this double top & triple top , double bottom & triple bottom: any time period we shall consider?

    CB, replies: Hi PTM, yes, that is correct. if unable to cross it , then one can go short with strict sl. go with 6-9 months time frame

    sir: one day interval is best? or can we use for short term (like 30 min interval also)

    CB, replies: Hi PTM, go with 1 day.. . jsw energy can be bought with strict sl at 67

  11. PTM Says:
    May 8th, 2011
    Posted at: 4:39 pm

    jsw energy is now forming triple bottom? can we enter at cmp ?

    CB, replies: Hi PTM, go with 1 day.. . jsw energy can be bought with strict sl at 67

  12. PTM Says:
    May 8th, 2011
    Posted at: 5:15 pm

    THANKS SIR. MY OBSERVATION: TATA STEEL, JSW STEEL , DLF ALL ARE FORMING TRIBLE BOTTOM STAGE. SO CAN WE ENTER THESE FOR SOME 1-2% BOUNCE TOMORROW? PL ADVICE

    CB, replies: Hi PTM, yes, these can see a small bounce considering the recent fall

  13. sukant Says:
    May 8th, 2011
    Posted at: 5:26 pm

    HI, CAN I TAKE SUJANA TWR FOR TARGET OF Rs.50 .

    CB, replies: Hi sukant, its facing resistance near 42 dont enter it yet

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