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  1. Kartik Says:
    July 21st, 2011
    Posted at: 9:24 pm

    Hi RKM, Ashok faces some support at 50, once broken can see 45 levels, IB Real can see 115 tomorrow

    Hi Rajkumar, would continue to remain strong above 155-160, keep a tight SL at 170

    Hi ayyappan, book profits tomorrow on rise

    Hi som, cant be sure yet, depends on how Asian ques react tomorrow morning, we have been trading very volatile lately

    Hi sourav, more depends on how Asian ques react tomorrow morning


  2. shiva Says:
    July 21st, 2011
    Posted at: 9:49 pm

    any view on Prime focus?

    Kartik, replies: Hi shiva, looks good, next support at 75

  3. abhi Says:
    July 21st, 2011
    Posted at: 9:51 pm

    hi,

    Pl guide.

    I shorted Crompton @174 then again one lot @181 just before closing......
    what to do now? Shall i put a buy price in system at 177. I am scared as short covering might come in.....pl help

    Or should i continue to hold despite 5 rs bounce?

    Kartik, replies: Hi abhi, avoid such trades, a small bounce was expected, lets wait to see how it opens tomorrow, try to exit it on any dip, keep a tight SL at 185

  4. abhi Says:
    July 21st, 2011
    Posted at: 10:01 pm

    so should i exit both lots on opening?

    Should i exit one .....and buy a 180 call option?

    Should i hold the two and buy two 180 call options?

    Kartik, replies: Hi abhi, exit both if it cross 185, it could see some more recovery as has slipped by 30% after its results

  5. STC Says:
    July 21st, 2011
    Posted at: 10:05 pm

    Sirs, How do you see Sunpharma? It recovered from todays low and closed 2 rs up?

    Kartik, replies: Hi STC, yes, above 500 looks good, can see 508 tomororw

  6. pref Says:
    July 21st, 2011
    Posted at: 10:10 pm

    Whats ur view on tera softwares?

    Kartik, replies: Hi pref, looks expensive for now, wait for a dip in it

  7. shiva Says:
    July 21st, 2011
    Posted at: 10:13 pm

    support??? or resistance? and support?

    Kartik, replies: Hi shiva, sorry, resistance

  8. Sumit Says:
    July 21st, 2011
    Posted at: 10:15 pm

    thanks for the reply Kartik

    Have you any idea about how the result of Reliance and Educomp going to be?
    Where can I find the date of publication of results of various companies?

    Kartik, replies: Hi Sumit, you can get the date on indiaearnings.com , likely to post flattish numbers

  9. bktr Says:
    July 21st, 2011
    Posted at: 10:19 pm

    dear kartik

    which chart a day-trader should take into consider for trading options? ( nifty or option chart)?
    which is the better time frame for option day trading?( 1 min chart, 2 min ....etc)
    which are the good indicators helpful for day trading in nifty options?

    Kartik, replies: Hi bktr, Nifty is better, you may use a 28 Minute Moving average along with RSI, which works well

  10. Name (required) Says:
    July 21st, 2011
    Posted at: 10:19 pm

    Hi CB/Karthik,

    Holding Bhel call 2000 3 lots. Can it will touch tomorrow near 1980+ if markets are positive.

    REgards

    Kartik, replies: Hi Name (required), it looks weak overall, keep a SL at 1830 for 2 of them, hold the last for some more time

  11. bktr Says:
    July 21st, 2011
    Posted at: 10:29 pm

    dear Kartik,

    where should i usein, nifty chart or option chart?
    please tell me the time frame?

    Kartik, replies: Hi bktr, 1 day, 1 minute

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