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  1. harsh Says:
    June 20th, 2011
    Posted at: 9:41 pm

    good evening CB, mate as suggested and thanks to that speculative news on taxation treaty, ONGC did broke the imp. resistance level of around 260 ..... so just wanna know from u do u think its gonna show some bounce back ......... also do take into consideration this article from the economic times ......this is some huge deal with Russian counterpart ...... here is the link ..... http://economictimes.indiatimes.com/news/news-by-company/corporate-announcement/merger-of-ongc-russia-with-sistema-okayed/articleshow/8919433.cms ...... U CAN CHECK TODAYS THE ECONOMIC TIMES ALSO ....... hope to get ur insight at the earliest.......
    regards,
    Harsh

    Kartik, replies: Hi harsh, I guess you mean support level at 260, support level act as strong levels from which a stock could give a bounce, but if it breaks it, in this case 260 (broken), it looks weak and could see some more downside ahead

  2. sanjay k Says:
    June 20th, 2011
    Posted at: 9:48 pm

    sir,

    holding tilak nagar ind @43. its continuously going down whats the matter
    is there any problem with the co. if it is ok can avg @cmp.plz advice.

    Kartik, replies: Hi sanjay k, had rallied from 7rs to 150+ levels in less than 2 years time, it might take some time to recover, if possible hold it for Long term

  3. shiva Says:
    June 20th, 2011
    Posted at: 9:49 pm

    oops..CB..typo...

    Kartik, replies: Hi shiva, Oh yes, no, not yet

  4. Kartik Says:
    June 20th, 2011
    Posted at: 9:54 pm

    Hi nattubhai, it can be viewed in the Bal sheet, P&L account on moneycontrol

    Hi sanjay k, had rallied from 7rs to 150+ levels in less than 2 years time, it might take some time to recover, if possible hold it for Long term

    Hi harsh, I guess you mean support level at 260, support level act as strong levels from which a stock could give a bounce, but if it breaks it, in this case 260 (broken), it looks weak and could see some more downside ahead

    Hi shiva, Oh yes, no, not yet

    Hi pk, since Markets look weak, it might take a while to recover, continue to hold it for Short/mid term, it can do well once Markets settles


  5. pk Says:
    June 20th, 2011
    Posted at: 9:56 pm

    Hi Kartik, any view on FCS software. I bought it at rs 2.5 , wat to do?

    Kartik, replies: Hi pk, no news yet, hold it for Long term, dont add more of it yet

  6. sanjay k Says:
    June 20th, 2011
    Posted at: 9:58 pm

    sir,

    thanx for advice.
    whats ur opinion reg ifci and gujnre. can be purchased.

    Kartik, replies: Hi sanjay k, no, dont enter them at CMP, they look weak

  7. SACHIN Says:
    June 20th, 2011
    Posted at: 10:00 pm

    Hi, CB I have 2 lots RIL 880.00 CE at 14.00 Rs Presently trade at 5.50Rs, Pls PLS suggest about RIL. hold it or sale immediately............................????????????????

    Kartik, replies: Hi SACHIN, try to exit it on rise tomorrow as we can give a bounce

  8. nattubhai Says:
    June 20th, 2011
    Posted at: 10:00 pm

    i am holding idfc at 210 since than i am holding it and now it has become half of my price. do you think that it should be averaged or exited or switched over to another scrip that can cover this loss within 1 yr. pls suggest

    Kartik, replies: Hi nattubhai, hold it for Long term, can do well once Markets recover, dont add more of it yet

  9. shriniwas Says:
    June 20th, 2011
    Posted at: 10:01 pm

    Hi kartik, can i purchase small qty of mic electronics trading around 14 as its book value is 35?? (results are bad but i think fundamentally it is a good one)

    Kartik, replies: Hi shriniwas, no, has been posting weak results lately, dont add more yet

  10. harsh Says:
    June 20th, 2011
    Posted at: 10:04 pm

    ya support level (pardon me)...
    so is it comfortable to go short tomorrow and what downside levels do u see.

    Kartik, replies: Hi harsh, since we have already slipped quite a lot, a small bounce is possible, dont go short tomorrow, you enter a PE instead for 2-3 days

  11. bhargavi Says:
    June 20th, 2011
    Posted at: 10:07 pm

    What is target for man industries....

    Kartik, replies: Hi bhargavi, can see 144 tomorrow

  12. test Says:
    June 20th, 2011
    Posted at: 10:08 pm

    boss any calls/put to recover some lossas holding huge loss?
    bharti shall ienter call or nifty put?

    Kartik, replies: Hi test, you can enter a HDFC Pe, enter on rise in 1-2 days

  13. bhargavi Says:
    June 20th, 2011
    Posted at: 10:08 pm

    What is target for man industries....

    Kartik, replies: Hi bhargavi, can see 144 tomorrow

  14. anivesh Says:
    June 20th, 2011
    Posted at: 10:10 pm

    HICB,

    should i continue to hold MRPL and LIC FUT? should i buy nifty puts or short nifty? or switch to some other stocks fut?

    CAN i short RELIANCE MEDIA WORKS FUT?

    Kartik, replies: Hi anivesh, Yes, hold them, Lets wait to see if we sustain higher levels after opening tomorrow before going short

  15. arun bj Says:
    June 20th, 2011
    Posted at: 10:15 pm

    cb what is the near term target for bharti what is the support and resistance level for bharti

    Kartik, replies: Hi arun bj, can see 430 in 2-3 months time, support at 360

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