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Kartik Says:
October 8th, 2011
Posted at: 8:00 pm
Hi DJ, can see around 98-99 tomorrow, hold it with a SL at 94
Hi ij, faces strong support at 405-410, dont make fresh entries in it yet
Hi RKM, it might open lower on MOnday, around 85, more depends on its results ahead
DJ Says:
October 8th, 2011
Posted at: 8:07 pm
Kartik thx a lot for responding bro.
sud i exit around 99 or hold further,if market remains positive
regards
Kartik, replies: Hi DJ, hold it, can add some more gains if it continues to trade strong tomorrow
STC Says:
October 8th, 2011
Posted at: 8:15 pm
Sir, How do you see JP Associate? Will it go up from here or can short for some downside..
Kartik, replies: Hi STC, above 70 looks strong, go short only if it manages to break 70
DJ Says:
October 8th, 2011
Posted at: 8:36 pm
Kartik thx a lot for responding
Ps:u said twice 'Tomorrow'...r we open tmrw?
Kartik, replies: Hi DJ, :), no, meant Monday
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)
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