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  1. Sunil Sehgal Says:
    June 24th, 2011
    Posted at: 1:47 pm

    sir..at the start of the day ..due to my irrationality (which i realised later) i bought 4 5400 july puts @ 130 and thereafter it is now at the low of 92..what do u think ...will market come down and i will be able to sell the puts at 165-70

    CB, replies: Hi Sunil Sehgal, as of now seems nifty can test 5450. would also advice to enter a 5500 call as hedge for now.

  2. CB Says:
    June 24th, 2011
    Posted at: 1:48 pm

    Hi Rags, hold it with sl at 2836. it does look a bit weak if nifty corrects a bit can see 2800


  3. Rags Says:
    June 24th, 2011
    Posted at: 1:49 pm

    ThQ CB, Hw can I trade/invest with 33K I have? I want to be extra cautious and recover my losses.

    CB, replies: Hi Rags, buy some of itc for now. invest 15k. it looks good. for now hold rest in cash

  4. sach Says:
    June 24th, 2011
    Posted at: 1:54 pm

    HI !!!

    Am holding Financial tech @ 1200 from last one year now.
    Will it each back ti its level ever.
    should i sell book loss & invest in any other share for recovering loses,If i aell at present market price will make a loss of 50000 approx,

    where should i invest if i book loss for recovering

    Thanks in Adv,

    Cheers!!
    Sk

    CB, replies: Hi sach, yes, has turned a bit weak. will take a while to recover. would advice to exit 50% for now. invest this money in something like confidence petro or Ril for med term.

  5. Tushar Says:
    June 24th, 2011
    Posted at: 1:55 pm

    I have 300 Punj lloyd at 132. what should i do?

    Please suggest?

    Thanks in advance.

    Tushar

    CB, replies: Hi Tushar, its seeing some buying interest lately. if possible add few more on a 1-2rs dip to avg it.

  6. Rags Says:
    June 24th, 2011
    Posted at: 1:56 pm

    Sensex Nifty going like hell :-( Is it short covering??? Really can't understand market movement

    CB, replies: Hi Rags, hmm

  7. Rags Says:
    June 24th, 2011
    Posted at: 2:11 pm

    422 Points CB, Where it is gonna touch? ThQ

    CB, replies: Hi Rags, not really sure yet. 5460 is likely

  8. Harry Says:
    June 24th, 2011
    Posted at: 2:12 pm

    HI CB i am short in unitech aug at 28.3 and long in July series at 30.5. what should i do for this which one to hold. please suggest

    CB, replies: Hi Harry, yes, hold onto both for now. technically does look weak. exit long around 31.30

  9. Rags Says:
    June 24th, 2011
    Posted at: 2:15 pm

    Considering all the woes, I expect Markets to come to 15K... But this is huge surge... Today there are so many things driving markets. F&O, FII, P-Note, Short covering, What not... I think its totally spoilt.

    CB, replies: Hi Rags, yes. as of now seems its moving on news of good advance income tax numbers.. ********************** ill be back in 30 min

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