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  1. Manish Says:
    May 12th, 2011
    Posted at: 11:15 pm

    hello, have 1500 hanung @ 202 and 1000 IDFC @136, both are giving me losses , i can hold for another 2 trading sessions, what should i do please advise..thanks

    Kartik, replies: Hi Manish, they have been reacting to the Markets, if possible hold for another 3-4 days

  2. Kartik Says:
    May 12th, 2011
    Posted at: 11:28 pm

    Hi nishant, in simple terms any entity that collects money from investors and invests it in gold and that also trades in NSE is known as a Gold EFT, listed Gold ETFs are GoldBees,Reliance Gold,Kotak Gold,UTI Goldshare

    Hi harry, can add 1-2% if Markets recover

    Hi Vijendra, keep a SL at 940 (cash), can add 20-25% from CMP (CE) if Markets recover

    Hi smile, most welcome


  3. rahul Says:
    May 12th, 2011
    Posted at: 11:31 pm

    Whts ur view on gold .. Fell from 1575 to 1470 n again upto 1525 n then back to 1480 n again up to 1510 .. Is this volatility going to take gold higher or lower ..

    CB, replies: Hi rahul, yes, for now lets wait. seems can test 1450 in coming days. dont enter long yet

  4. Rajesh Iyer Says:
    May 12th, 2011
    Posted at: 11:32 pm

    Hi ,I shorted 200 SKS today at 354 and could not cover it intraday,Can u guide me how I can minimise my loss.My broker is HSBC

    CB, replies: Hi Rajesh Iyer, oh ok. it will go for auction on the 3rd day which is Tuesday. On tuesday it will be bought back between 1-2pm. whatever the rate at that point of time, will be considered as the buy back price. if stock falls by then, then you will be in some profit. else loss. also confirm with your broker once. some brokers charge 10% of total amt as penalty

  5. mark Says:
    May 12th, 2011
    Posted at: 11:43 pm

    sir..

    Coal India Results out.. Very less Dividend declared... Also Stock has seen late surge recently inspite of turbulent markets.. I feel that tomorrow it may correct by about 5-6 %.... should i go and short it.... if yes kindly suggest levels to short and stoploss.

    CB, replies: Hi mark, no, don't short it yet.technically looks strong. seems can add some more from here. good support near 380

  6. shyam Says:
    May 13th, 2011
    Posted at: 12:41 am

    good morning sir,can i sell call before buying in option

    CB, replies: Hi shyam, Good morning. yes, but its a high risk bet as loss in this case is unlimited.

  7. ptm Says:
    May 13th, 2011
    Posted at: 1:21 am

    dow green now: any chance of nifty crossing 5600 level. pl advice

    CB, replies: Hi ptm, yes, seems may open a bit higher tomorrow. around 30-35 points. not sure of 5600 yet.

  8. ptm Says:
    May 13th, 2011
    Posted at: 1:58 am

    which is the best script in your view to go for covered call ( future long & having put to hedge)

    Kartik, replies: Hi ptm, lets wait to see how Markets open up, Auto stocks look weak, Bajaj auto below 1290 looks weak

  9. fathima Says:
    May 13th, 2011
    Posted at: 7:47 am

    sir why arss infra down by 37 rs yesterday? today also we can expect more down fall,isn't it?u know i am holding it from 700 levels.ur advise only give courage to me.

    Kartik, replies: Hi fathima, not sure why it has been seeing selling pressure lately, but should do well in the Mid/Long term as Realty sector recovers

  10. Mahesh Says:
    May 13th, 2011
    Posted at: 8:14 am

    Sir
    Can i short minifty today?how much down side can we expect.
    rgds
    mahesh

    Kartik, replies: Hi Mahesh, it seems we might open flat, support at 5470

  11. Mythreyi Says:
    May 13th, 2011
    Posted at: 8:23 am

    Good morn! Whats ur view on the bank nifty futures? thanxs

    Kartik, replies: Hi Mythreyi, GM, can add 30-40 pts today

  12. ronsal Says:
    May 13th, 2011
    Posted at: 9:02 am

    tgt fr acropetal bse plz?

    Kartik, replies: Hi ronsal, has been in a downtrend, might trade flat

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