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ABDUL Says:
October 8th, 2011
Posted at: 8:57 pm
if markets are flat then can i go for put on jp associate if the price goes till 75 ? wat is the resistence and support for jp associate ?
Kartik, replies: Hi ABDUL, no, above 70 JP looks strong, Tata too looks strong above 150, enter PEs if they manage to break their supports
Gitanjali Says:
October 8th, 2011
Posted at: 9:15 pm
Have a very good sunday!
Kartik, replies: Hi Gitanjali, thanks, same to you
ABDUL Says:
October 8th, 2011
Posted at: 9:20 pm
wat do u think about tata motors as it has gained 8% in the last trading sessions ........ can i go for a put on tata motors ? for a target of 155 with a tight stop loss of 162 ? ur advise plz
Kartik, replies: Hi ABDUL, no, above 70 JP looks strong, Tata too looks strong above 150, enter PEs if they manage to break their supports
ashish Says:
October 8th, 2011
Posted at: 9:38 pm
hi kartik,
market rallied huge on friday... then it came back for a slight correction then bounced up again slightly...
this indicates that we are in bullish zone....
euro also gt into green after a slight red...
but gains in US got washed away....
this is not possible for markets to rally every day...
correction came... & then markets rally...
but what i think is that if we are in a positive zone.... anything would make markets back to 5200 soon....
because markets are huge oversold... if there is short covering....& buying markets can climb new high...
anyway markets can go... but this is short October this is also a concern...
anyways...your thoughts please...on market
Kartik, replies: Hi ashish, overall we still weak, there are rising concerns of Euro's Debt and other global issues, we might take a while to recover
hari Says:
October 8th, 2011
Posted at: 9:45 pm
sir i have confusion regarding GANN and ELLOIT calculator whgich is best one for intraday stock calculation and how can this tell target price for future
Kartik, replies: Hi hari, never tried them for Intraday, Elloit is same as finding the supports & resistances using (Triple/double tops/bottoms)
Kartik Says:
October 8th, 2011
Posted at: 10:29 pm
Hi DJ, :), no, meant Monday
Hi ABDUL, no, above 70 JP looks strong, Tata too looks strong above 150, enter PEs if they manage to break their supports
Hi Gitanjali, thanks, same to you
Hi hari, never tried them for Intraday, Elloit is same as finding the supports & resistances using (Triple/double tops/bottoms)
Hi ashish, overall we still weak, there are rising concerns of Euro's Debt and other global issues, we might take a while to recover
Sandy Says:
October 8th, 2011
Posted at: 10:29 pm
Hello CB/Kartik,
I bought 100 shares of Tatamotors @163/- with a target of 166,168,170,172.... and Stop Loss of 160/-. But I couldnot exit at given SL.Now please suggest what should be the correct strategy at current price ? Whether to exit on monday or hold ? If hold, then upto what price ? I can hold it for short-to-medium term also.
Thanx.
Kartik, replies: Hi Sandy, seems to have given a bounce from its strong support of 145-150, hold it for another 3-4 days acn add some more gains ahead
Sandy Says:
October 8th, 2011
Posted at: 10:31 pm
Thanx Kartik.
Kartik, replies: Hi Sandy, faces some resistance at 220, above which can see 260+ levels in the Short/MId run
DJ Says:
October 8th, 2011
Posted at: 10:32 pm
Kartik,thx for bearing me bro....
good night & regards
Kartik, replies: Hi DJ, most welcome
Sandy Says:
October 8th, 2011
Posted at: 10:37 pm
Hello Kartik,
Will you please suggest about the future of Titan Ind. in medium to long term ?
Thanx once again & Gd night.
Kartik, replies: Hi Sandy, faces some resistance at 220, above which can see 260+ levels in the Short/MId run
Anmol Says:
October 8th, 2011
Posted at: 10:51 pm
Hi Kartik, Hope you are good and your Advice is helpful for verybody.
Please suggest a good stock for holding in f&o for 10 to 15 days (means for oct month) so that I should get a good gain.
Thanks
Anmol Lamba
Kartik, replies: Hi Anmol, thanks, no new call for now as Markets have been uncerttain
K D Says:
October 8th, 2011
Posted at: 10:53 pm
Buy - sks micro fin
Cmp 212 stoploss 205
Target 223-236-248
in next 3-5 days
Cluster - kdbulls
Kartik, replies: Hi K D, thanks
Mitesh Says:
October 9th, 2011
Posted at: 12:26 am
Hey friends, I'm holding 500 Shares of Jindal poly. I got news Company announced that they will buyback shares. I'm confused how it will happen as I am not aware about it.
Kartik, replies: Hi Mitesh, BuyBack is the repurchase of outstanding shares (repurchase) by a company in order to reduce the number of shares on the market. Companies will buy back shares either to increase the value of shares still available (reducing supply), or to eliminate any threats by shareholders who may be looking for a controlling stake. Read more: http://www.investopedia.com/terms/b/buyback.asp#ixzz1aG3jn474