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  1. bktr Says:
    August 4th, 2011
    Posted at: 9:50 pm

    NIFTY may test 5312 with in 3 trading days as per Elliott Wave Theory.

    (Dot make any investment decision on my views. Trade at your own risk)

    Kartik, replies: Hi bktr, Ge, thanks, seems a technical glitch, should be solved soon

  2. mark Says:
    August 4th, 2011
    Posted at: 9:54 pm

    Hi CB...

    How is Max India and GVK Pwr Looking for Tomorrow... Can Max see 188-190 and GVK 18 rs levels.. Or is it unlikely for them to remain strong???

    Kartik, replies: Hi mark, it might take a while to recover as Markets worldwide are trading weak, hold it for Short term

  3. nakul Says:
    August 4th, 2011
    Posted at: 9:54 pm

    hi cb us markets are down and europe was also down so tomorrow our markets will also go down? as i have chambal fut at 92.75? so what i should do?

    Kartik, replies: Hi nakul, hold with a SL at 89, likely to open lower tomorrow

  4. dhiva Says:
    August 4th, 2011
    Posted at: 9:58 pm

    hi cb/kartik,
    us market trade in red,,,,,,will tomorrow nifty open down?

    Kartik, replies: Hi dhiva, likely to open lower

  5. srp Says:
    August 4th, 2011
    Posted at: 9:59 pm

    Hi kartik, holding lots of midcap stocks in my portfolio.(heavy losses). what to do???
    also holding wipro @ 402. where i can add more??

    Kartik, replies: Hi srp, exit from Wipro, it looks weak below 400, hold your Midcaps for Short term

  6. Kartik Says:
    August 4th, 2011
    Posted at: 10:05 pm

    Hi santosh, yes, likely to open lower

    Hi TEST, options trading is always risky, better keep SL's, for now, try to exit your CE's on any rise, shall let you a Pe to enter tomorrow after Markets open up

    Hi Rakesh, wait for some time, likely to open lower, wait for Markest to settle worldwide

    Hi Anitha, likely to trade weak, avoid fresh longs

    Hi Anantha.k, try to exit it on any rise, Markets look weak

    Hi reevu, at 450

    Hi dsp, Yes, seems so, might take support around 5230

    Hi sanjay k, dont make fresh entries yet, wait for a few days for Markets to settle

    Hi SACHIN, there are also concerns of economic slowdown in the U.S. and Europe.

    Hi dhiva, likely to open lower

    Hi nakul, hold with a SL at 89, likely to open lower tomorrow

    Hi mark, it might take a while to recover as Markets worldwide are trading weak, hold it for Short term

    Hi srp, exit from Wipro, it looks weak below 400, hold your Midcaps for Short term


  7. bktr Says:
    August 4th, 2011
    Posted at: 10:07 pm

    Today, Bulls had the last chance to take the NIFTY above 5444. Now NIFTY closed below its minor support 54350.
    Tomorrow: support1:54304; support2:54275; support3:54196

    Kartik, replies: Hi bktr, Ge, thanks, seems a technical glitch, should be solved soon

  8. karthik Says:
    August 4th, 2011
    Posted at: 10:09 pm

    Hi

    i have ICICI 1000 CE @ 27.5. & Nagarjunafertilizer 35 CE @ 0.7. please advice

    Kartik, replies: Hi karthik, enter a PE for ICICI, hold Nagarjuna Fertilizers with a SL at 35 for some more time

  9. Raj Says:
    August 4th, 2011
    Posted at: 10:10 pm

    How about nifty opening tomorrow? big gap in lower ?

    Kartik, replies: Hi Raj, yes, seems we might open lower, also lets wait to see how Asian ques react tomorrow morning

  10. bktr Says:
    August 4th, 2011
    Posted at: 10:35 pm

    US sinking . All US indices are down above 2%. Tomorrow Nifty may open @ Gap down.

    ( hai, Kartik, Please check the Nifty figure given the site @ market stats)

    Kartik, replies: Hi bktr, Ge, thanks, seems a technical glitch, should be solved soon

  11. harry Says:
    August 4th, 2011
    Posted at: 10:43 pm

    hi Kartik really worried as i am carrying longs of DLF, Pantaloon and relinace, markets are deep red. should i exit tommorow or better to wait if recovery is expected...Please suggest awaiting ur revert

    CB, replies: Hi harry, as of now seems like a gap down opening tomorrow. would advice to hedge to enter few puts of nifty as hedge. technically markets have turned weak

  12. NATTU BHAI Says:
    August 4th, 2011
    Posted at: 10:45 pm

    is it good decision to sell all our stock and buy silver or gold for good returns

    CB, replies: Hi NATTU BHAI, yes. commodities tend to do well when stock markets are correcting

  13. Vikram Says:
    August 4th, 2011
    Posted at: 10:46 pm

    Even commodities getting hammered now especially Crude...It has been smashed

    CB, replies: Hi Vikram, yes. who knows, could be a double dip recession. lets see

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