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  1. arisundar Says:
    October 4th, 2011
    Posted at: 8:06 pm

    Dear CB

    What about jsw steel and VIP industries can i go short in both of them

    with regards,
    arisundar

    Kartik, replies: Hi arisundar, no, dont enter them yet, wait for markets to settle

  2. Kartik Says:
    October 4th, 2011
    Posted at: 8:12 pm

    Hi Indu, the premium is the difference between the price of stock in Cash and Futures

    Hi Nakul, no, dont enter them for Intraday

    Hi Vij, exit 50%, keep the rest for Long term, looks weak

    Hi Rakesh Misra, yes, the higher it goes, its positive for I.T companies and its negative for the overall economy

    Hi RKM, around 212


    Hi Reema Mathur, no, you need to hold the stock till the ex-divdend date

    Hi arisundar, no, dont enter them yet, wait for markets to settle


  3. DJ Says:
    October 4th, 2011
    Posted at: 8:14 pm

    Federal Reserve Chairman Ben S. Bernanke said the central bank stands ready to take additional steps to boost U.S. growth and cautioned lawmakers against budget moves that would harm a “sluggish” recovery.

    The Fed “will continue to closely monitor economic developments and is prepared to take further action as appropriate to promote a stronger economic recovery in a context of price stability,” Bernanke said today in testimony to Congress’s Joint Economic Committee in Washington.

    The remarks signal Bernanke may not be finished after attempts in August and September to strengthen record monetary stimulus with unconventional tools. The central bank’s near-zero benchmark interest rate and $2.3 trillion of housing and government-debt purchases since 2008 have failed to produce self-sustaining growth in the economy and employment.

    Lawmakers on the separate bipartisan congressional supercommittee charged with seeking $1.5 trillion in deficit reduction by Nov. 23 would take a “substantial step” by accomplishing that goal, Bernanke, 57, said in prepared remarks. At the same time, “more will be needed to achieve fiscal sustainability,” he said.

    “A second important objective is to avoid fiscal actions that could impede the ongoing economic recovery,” Bernanke said. “Putting in place a credible plan for reducing future deficits over the longer term does not preclude attending to the implications of fiscal choices for the recovery in the near term,” he said, without being more specific.

    Kartik, replies: Hi DJ, thanks for the update

  4. Neeraj Sahu Says:
    October 4th, 2011
    Posted at: 8:14 pm

    Hi Dear,

    I have bought the Reliance Power share at the time of its IPO, which is again a big mistake.Now, I have average it out and Currently, I have 163 share at the average price of 118.11.
    Now, I am unable to decide whether I should hold it or sell it.
    Could you please guide me regarding the same....I am a long term investor and no issue if i have to wait for it....
    Thanks in advance...

    Regards,
    Neeraj Sahu

    Kartik, replies: Hi Neeraj Sahu, continue to hold it for Short/Mid term, dont add more of it as Markets look weak

  5. DJ Says:
    October 4th, 2011
    Posted at: 8:16 pm

    hi kartik
    us market on sharp recovery after the statement
    regards

    Kartik, replies: Hi DJ, thanks for the update

  6. praveen Says:
    October 4th, 2011
    Posted at: 8:16 pm

    hi cb & kartik i have onmobile 200 at 90 will i get my price what todo

    Kartik, replies: Hi praveen, looks weak, hold it with a tight SL at 58

  7. Gitanjali Says:
    October 4th, 2011
    Posted at: 8:32 pm

    Hi Kartik, Where do you see the mkt ,this expiry pl?Perhaps ,it is wise not to trade ,till mkt settles. When do we get to know that it has settled , Which indicator to check..PL?

    Kartik, replies: Hi Gitanjali, Yes, some positive news is awaited

  8. Imran khan Says:
    October 4th, 2011
    Posted at: 8:59 pm

    Hi CB, and Karthik,

    missed my query @ 6:10 pm , please advise

    Kartik, replies: Hi Imran khan, sad to hear abt your loss, Markets didnt support it, dont re-enter it tomorrow, as Markets look weak, avoid new listings for a few days, they can be very volatile

  9. Imran khan Says:
    October 4th, 2011
    Posted at: 9:35 pm

    thanks Karthik :)

    Kartik, replies: Hi Imran khan, resistance at 290, above which can see 294

  10. reena Says:
    October 4th, 2011
    Posted at: 9:50 pm

    hello cb ,kartik replied 2 my query that enter dlf ltd if it sustains 195 level.it has already crossed 200 mark .can i enter 2morrow at cmp?.and what is yr view on bajaj corp ,can it b entered at cmp?

    Kartik, replies: Hi reena, wait for DLF to sustian above 200 for another 1-2 days, dont enter bajaj corp, it looks weak

  11. Imran khan Says:
    October 4th, 2011
    Posted at: 9:51 pm

    Hi CB, and Karthik,

    Patni Computer Systems Ltd what wil be the intraday target & sl for tomorrow, please advise

    Kartik, replies: Hi Imran khan, resistance at 290, above which can see 294

  12. spsunil8 Says:
    October 4th, 2011
    Posted at: 10:05 pm

    sir,
    can i buy ARVIND 105 oct call now?

    Kartik, replies: Hi spsunil8, enter if it manages to cross 100 (strong resistance)

  13. Brill Says:
    October 4th, 2011
    Posted at: 10:06 pm

    Sir, a soft reminder, that many of the bonus/splits are not update to reflect the correct price in the database. so the charts are not correct

    thanks for this wonderful site and advice, it is/Brill

    Kartik, replies: Hi Brill, just updated them, thanks

  14. Vij Says:
    October 4th, 2011
    Posted at: 10:12 pm

    Karthik,

    Thanks for the view, can you tell me why this share is performing so weak. Since 2-3 months back it was in range of 45-50 and suddenly its down to 10 rs

    Kartik, replies: Hi Vij, there are rumors that KS Oil are selling their wind projects or windmills to tide over the liquidity crunch

  15. AJITH Says:
    October 4th, 2011
    Posted at: 10:16 pm

    Hi
    I recently started derivative trading.Please advice some stock in futures and option for current level Or Is it good time trade?

    Kartik, replies: Hi AJITH, would be better to wait till Markets settle, has been very volatile lately

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