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  1. 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

  2. Kartik Says:
    July 21st, 2011
    Posted at: 10:00 pm

    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


  3. 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

  4. 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

  5. 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

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

    support??? or resistance? and support?

    Kartik, replies: Hi shiva, sorry, resistance

  7. 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

  8. 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

  9. 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

  10. 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

  11. Name (required) Says:
    July 21st, 2011
    Posted at: 10:35 pm

    Hi CB/Karthik,

    Bhel call 2000 are of july series.

    Regards

    Kartik, replies: Hi Name (required), Yes, hold it with a SL at 1930 (cash)

  12. Nakul Says:
    July 21st, 2011
    Posted at: 10:37 pm

    Hi Kartik the results of 3i infotech are good?

    Kartik, replies: Hi Nakul, no, not yet

  13. MHA Says:
    July 21st, 2011
    Posted at: 10:42 pm

    Hi..Karthik.." Punj Lloyd today said it has bagged a civil contract worth Rs 210 crore for a thermal power project from NTPC for its power plant in Assam."...Is this News Help Punj Llyod to go UP?? Whats Your View???

    Kartik, replies: Hi MHA, Yes, can create some buying interest

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