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  1. arun bj Says:
    June 24th, 2011
    Posted at: 10:54 pm

    hi kartik i stuck with hpcl at 435 . . Can exit on monday .with minimum loss . . Can i enter later around 350. . .Last time it came upto 410. And fell down to 350. . Now i want to get out from it

    Kartik, replies: Hi arun bj, can add some more gains (around 400) after the price hike, faces strong resistance at 400, a close above which can take it to 430+ levels, hold it as of now

  2. Kartik Says:
    June 24th, 2011
    Posted at: 11:18 pm

    Hi smile, the price is hike will be positive for Petroleum stocks, hold LIC with a SL at 232 (can see some profit booking ahead)

    Hi arun bj, can add some more gains (around 400) after the price hike, faces strong resistance at 400, a close above which can take it to 430+ levels, hold it as of now


  3. arun bj Says:
    June 24th, 2011
    Posted at: 11:24 pm

    cb what is the target for tata steel . Its crossed resisvance 575. . Its up 4 % today . Can i enter 600 call . . Or can see any profit taking on day or two . .

    Kartik, replies: Hi arun bj, yes, seems can test 590 levels.

  4. jayaraj Says:
    June 24th, 2011
    Posted at: 11:25 pm

    how long my i want to book profit from avon corp @5.30

    Kartik, replies: Hi jayaraj, fundamentally its a sound company. once smallcaps start moving, it will do well. hold it for few days

  5. AFROZ Says:
    June 24th, 2011
    Posted at: 11:30 pm

    hello,

    dear sir,
    please infoam me short and long term target of this stok.
    1. GANDHIMATHI APPLIANCES
    2. FLAWLESSES DIAMOND
    3. BIRLA CAPITAL
    4. NIYATI INDUSTRIES
    5. AUSTRAL COCK
    6. INDBANK MARCHANT
    7. IND BANK HOUSING
    8. HDIL
    9. HDFC
    10. BAFNA SPINING

    REGARDING,
    AFROZ
    9275355578
    [email protected]

    Kartik, replies: Hi AFROZ, these are good markets movers. hold these for short/ med term. can add 5-8% in coming days

  6. anivesh Says:
    June 25th, 2011
    Posted at: 12:00 am

    Dear CB/Kartik,

    Holding shorts NIFTY two lots @ 5300 and ONGC short@259.
    Now after fuel hike, OMCs will certainly rise, and due to less subsidy ONGC/OIL also might rise.

    Q1. What to do with ONGC..should i get out on Monday morning at opening...? Again loss of 20k

    Q2. Last time markets fell after fuel price hike as it will result INFLATION? So what should i do? When should i ave rage NIFTY?

    Kartik, replies: Hi anivesh, ongc is near strong resistance levels. if possible hold it for a weeks time. likely to see some selling pressure. dont avg nifty yet. wait for 2-3 days

  7. ptm Says:
    June 25th, 2011
    Posted at: 12:06 am

    hi cb karthik

    short RIL 870
    short JSW steel 860

    please advice. dow negative on europe zone dept issues.

    will i get some profit next week before expiry.

    Kartik, replies: Hi ptm, as of now seems may open a bit lower. hold shorts for now. strong resistance near 5500

  8. Asif Says:
    June 25th, 2011
    Posted at: 12:33 am

    Hi CB/Kartik. I salute you for your Bazaar Acumen Gentlemen. I Held SBI (as you posted to wait at 2275) till 3:27 pm.Finally Sold at 2292.Alas didnt have the heart to divest from Tata Global Bev ( since doing so I would be suffering 45,000/- as loss). My query- Am holding Tata Motors 250 shares @ 1050. Can we see the light in short term? Or will it sink to further lows in the coming week?

    Kartik, replies: Hi Asif, thanks for your kind comments. tata global has strong resistance at 95-98 levels. its likely to see some profit booking from here. would advice to hedge it with a 90 put for now. tata motors is a hold.

  9. MARK Says:
    June 25th, 2011
    Posted at: 1:04 am

    WHAT WILL BE MRPL AND CAMLIN TARGET IN 15 DAYS?

    Kartik, replies: Hi MARK, mrpl can see 84. camlin above 72.50 can see 76

  10. RAJESH Says:
    June 25th, 2011
    Posted at: 1:23 am

    kartik u still not gone to sleep. Target for ONGC and NIfty from here

    Kartik, replies: Hi RAJESH, ongc has strong resistance from here. can see some downside in near term. nifty if unable to cross 5500 for 1-2 days, can see 5360 again

  11. anivesh Says:
    June 25th, 2011
    Posted at: 1:42 am

    Dear Kartik,

    I am ready to do whatever you say....i shall hold ONGC short .....but if it opens higher on monday ...do i average it? and at what levels to average nifty?

    Kartik, replies: Hi anivesh, as of now seems markets may open lower. ongc is not likely to open higher. omc's like bpcl, hpcl will do well on news of diesel price hike

  12. Sana Says:
    June 25th, 2011
    Posted at: 2:27 am

    Dear CB/ Kartik,

    I am holding 10 lots June Nifty 5300 PE @14 average. I am really worried after today's move. Shall I exit on Monday or hold on till expiry?

    CB, replies: Hi Sana, as of now seems markets may open a bit lower on Monday. for now hold these with sl at 5500

  13. ARUL Says:
    June 25th, 2011
    Posted at: 7:56 am

    dear sir,
    may i buy NIIT technology on monday for 3 days hold.

    CB, replies: Hi ARUL, no, its looking weak. can fall further

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