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  1. suneer Says:
    August 3rd, 2011
    Posted at: 10:56 pm

    What is next in Nifty short or long I think next one or two days we can see a small bounce what is your view on Nifty?

    CB, replies: Hi suneer, nifty has strong support at 5350 levels. possible see a small bounce from here

  2. Gitanjali Says:
    August 3rd, 2011
    Posted at: 10:57 pm

    HI CB , Below 5466..will nifty .....by and by ..slip up to 5177 ..Is it safer to short rather than to go long..pl?
    Can we short REC and hindalco..PL?

    Kartik, replies: Hi Gitanjali, if we break 5370 we could see 5300 levels, 5100 seems unlikely for now, dont go short tomrrow. U.S seems to be recovering

  3. Kartik Says:
    August 3rd, 2011
    Posted at: 10:57 pm

    Hi shiva, Gujarat Fluorochemicals above 450 looks good for Short term, hold Delta with a SL at 98 for Short term, strong support at 100

    Hi bktr, Yes

    Hi DHIVA, likely to be flat

    Hi akj, likely to trade flat

    Hi Pinky, can add 10-12% (CE) tomorrow


  4. Gitanjali Says:
    August 3rd, 2011
    Posted at: 11:09 pm

    HI Kartik, OK... Thanks a lot!
    Happy trading ..to you both, and to everyone here.

    CB, replies: Hi Gitanjali, most welcome. Wish you the same.. happy trading

  5. MHA Says:
    August 3rd, 2011
    Posted at: 11:15 pm

    whats your target for Punjllyod and suzlon in this month?

    CB, replies: Hi MHA, suzlon can test 56. punj lloyd around 75 if markets improve a bit

  6. Karthikeyan Says:
    August 3rd, 2011
    Posted at: 11:15 pm

    Dow jones zooms back to green.. Good news in ten minutes 150 points recovered!!!!

    CB, replies: Hi Karthikeyan, yes, bktr posted the news update.

  7. Pinky Says:
    August 3rd, 2011
    Posted at: 11:16 pm

    what the tgt of CHAMBLFERT till expiry? 95 CE @ 2.75 is right or wrong BET???????

    CB, replies: Hi Pinky, yes, looks good. can head upto 97

  8. bktr Says:
    August 3rd, 2011
    Posted at: 11:44 pm

    Major Averages Climb Into Positive Territory

    (RTTNews) - After showing another significant move to the downside in early trading on Wednesday, stocks have staged a notable recovery over the course of the trading day. The major averages have bounced well off their early lows, climbing into positive territory.

    The early weakness reflected continued concerns about the outlook for the economy following the release of a report from the Institute for Supply Management showing a bigger than expected slowdown in the service sector in the month of July.

    Meanwhile, strength that has emerged among technology stocks has contributed to the turnaround by the markets, with networking stocks showing a strong upward move. The NYSE Arca Networking Index has risen by 1.6 percent after hitting a ten-month intraday low earlier in the session.

    While telecom, brokerage, and trucking stocks have also moved to the upside on the day, considerable weakness remains visible among energy stocks.

    The major averages are currently posting modest gains, with the tech-heavy Nasdaq outperforming its counterparts. The Nasdaq is up 16.17 points or 0.6 percent at 2,685.41, while the Dow is up 8.36 points or 0.1 percent at 11,874.98 and the S&P 500 is up 2.66 points or 0.2 percent at 1,256.71.

    CB, replies: Hi bktr, thanks for the news update.

  9. MHA Says:
    August 4th, 2011
    Posted at: 12:17 am

    Hi CB ..thanks for replying ....please also tell me the target for renuka & unitech for this month ?

    CB, replies: Hi MHA, most welcome. renuka can see 74. not sure of unitech yet

  10. nikhil Says:
    August 4th, 2011
    Posted at: 12:33 am

    Crude going down
    Jet bpcl hpcl pick 2 best for tomorrow intraday ...
    Sl and target

    CB, replies: Hi nikhil, jet can see 442. sl near 428. bpcl has resistance at 673. no, don't go short on it yet. has bounced back twice from support of 670-675

  11. Vishal Says:
    August 4th, 2011
    Posted at: 12:36 am

    Hi CB -

    1 . any reasons for L&T falling today....is it buy for intraday tomorrow.

    2. ABB a buy around 858-860 levels.

    3. Jubilant foods a buy around 830 levels.

    your best views for the above...


    I understand that - we will be flat tomorrow...and trading will be difficult tomorrow as direction will not be clear.....Friday morning will be positive for us and will be seeing a small consolidation in the afternoon due to profit booking....Indian markets absorb all the global negatives in a short span ....this is how the Indian traders behave and subsequently the technical charts... I understand that it is the trading behaviour which is depicted on Charts..

    CB, replies: Hi Vishal, dont enter LT yet. has turned a bit weak. abb can be bought. not sure of jubilant foods. yes, as of now seems may trade a bit positive tomorrow.

  12. nikhil Says:
    August 4th, 2011
    Posted at: 12:37 am

    at opening can I short jsw steel.what level to.short and book.profit

    CB, replies: Hi nikhil, jet can see 442. sl near 428. bpcl has resistance at 673. no, don't go short on it yet. has bounced back twice from support of 670-675

  13. njain Says:
    August 4th, 2011
    Posted at: 1:12 am

    can itc be bought

    CB, replies: Hi njain, yes, looks good technically for short term.

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