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  1. anivesh Says:
    June 23rd, 2011
    Posted at: 10:27 am

    Kartik,
    ONGC is up over 260 consistently....what to do? shall i go long in any other stock or NIFTY?

    CB, replies: Hi anivesh, hold it. shall keep sl at 265. strong resistance here. no long call yet. nifty not doing much

  2. CB Says:
    June 23rd, 2011
    Posted at: 10:28 am

    Hi anivesh, hold it. shall keep sl at 265. strong resistance here. no long call yet. nifty not doing much


  3. amit Says:
    June 23rd, 2011
    Posted at: 10:28 am

    hi karthik good morning. what's ur view on idea? i'm holding 85CE @ 0.45. currently trading @ 0.10 should i hold it or exit? Thanking u.

    CB, replies: Hi amit, it has strong support at 74. its likely it recovers back from here. hold for now.

  4. anivesh Says:
    June 23rd, 2011
    Posted at: 10:31 am

    yes...i didnt take idea yesterday...as kartik asked me not to go long....

    i was wondering that i have nifty short and ongc short.......whether it is ok to cover with a long position. Also, after yesterdays news of high subsidy burden and allegaions by Cairn....ONGC is still holding on?

    CB, replies: Hi anivesh, yes, should break soon. lets see. on the long side, shall take a call once nifty crosses 5320

  5. mohd salman Says:
    June 23rd, 2011
    Posted at: 10:35 am

    any swing callz............

    CB, replies: Hi mohd salman, no, as of now none.

  6. dak Says:
    June 23rd, 2011
    Posted at: 10:35 am

    CB, which of these can I buy for long term at these levels ? SAIL / REliance power / GVK Power / Noida toll / IFCI / Unitech? Am planning to accumulate all of these whenever possible

    CB, replies: Hi dak, go with ifci for now. others are looking a bit weak

  7. Harry Says:
    June 23rd, 2011
    Posted at: 10:37 am

    hi i am trapped in Unitech and ashok leyland bought at 35 and 47, both in huge losses what to do now in this situation. should i wait or any possibility of recovery till expiry

    CB, replies: Hi Harry, ashok if manages to close above 46, can see some bounce. unitech looks a bit weak. if possible hedge these with couple of 5200 puts.

  8. SS Says:
    June 23rd, 2011
    Posted at: 10:37 am

    Hi CB/Karthik,

    You Missed My Query @

    Titan split happened and a bonus issue is also there, how many shares do we get for every 1 share of Titan we are holding

    Thanks You in advance as always :)

    CB, replies: Hi SS, you will get 10 shares for every 1 share held.. hold it for now.

  9. anivesh Says:
    June 23rd, 2011
    Posted at: 10:37 am

    Ok......so i continue with the short or square off nifty arpound cost which is 5300?

    CB, replies: Hi anivesh, yes.for ow its a hold. dont square nifty

  10. shailesh Says:
    June 23rd, 2011
    Posted at: 10:42 am

    Hi CB/Karthik,

    I got 500 shares of aban @ 650 can i book the loss or wait for month?

    CB, replies: Hi shailesh, for now would advice to hedge it with a 480 put. below 500, it does look a bit weak.

  11. dak Says:
    June 23rd, 2011
    Posted at: 10:43 am

    thanks cb

    CB, replies: Hi dak, most welcome.

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