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Kartik Says:
December 19th, 2011
Posted at: 12:28 pm
Hi Sathish, they look weak, dont enter them yet
Hi Abhishek, wait for a small bounce, upto 4620 to go short
Hi Rags, no, it looks weak overall, trading below major support levels, might take a while to recover
Rags Says:
December 19th, 2011
Posted at: 12:32 pm
What is the target for L & T today? ThQ. If Europe is postive then we could recover right?
Kartik, replies: Hi Rags, could give a small bounce, around 1045
anivesh Says:
December 19th, 2011
Posted at: 12:32 pm
Kartik,
SAIL PE (70) and HINDALCO PE (120) , Tata Motors (170) PE target.....they are not falling??
Kartik, replies: Hi anivesh, they are seeing consolidation near their support levels, wait for another 2-3 days
Murthuja Says:
December 19th, 2011
Posted at: 12:34 pm
please reply me Iam waiting, your valuable suggest.
Kartik, replies: Hi Murthuja, sorry, just saw your comment, dont make fresh entries in weak markets, wait for a couple of weeks for Markets to settle
Rags Says:
December 19th, 2011
Posted at: 12:34 pm
@mark, Ok Good bet, but trade in small quantitiy. Cheers...
anivesh Says:
December 19th, 2011
Posted at: 12:36 pm
So,
do i carry them for 2-3 days(PEs) as i am still at cost levels...and the market can show some bounce from here???
Also suggest ..where should i exit 4700 PE taken @70. Should i wait for 4500???
Kartik, replies: Hi anivesh, yes, hold it, a small bounce could come in, but we look weak overall, hold the Nifty PE too
Pooja1981 Says:
December 19th, 2011
Posted at: 12:38 pm
Should i exit BANK nifty short now and hold long...
NIFTY not going down now...
Kartik, replies: Hi Pooja1981, lets wait to see how Europe opens up
anivesh Says:
December 19th, 2011
Posted at: 12:38 pm
OK..thanks a lot Kartik....
Kartik, replies: Hi anivesh, most welcome
Ronsal Says:
December 19th, 2011
Posted at: 12:39 pm
Can i enter 4500 put sl 4620 and 4600 call sl 4550?
Kartik, replies: Hi Ronsal, no, dont enter now
rajam Says:
December 19th, 2011
Posted at: 12:41 pm
Good aft! could we expect some short covering bounce in the bank nifty...if so what levels can we see? thanxs
Kartik, replies: Hi rajam, a small recovery can come in Europe opens strong
Ronsal Says:
December 19th, 2011
Posted at: 12:44 pm
Neither call nor put shpuld i enter
Kartik, replies: Hi Ronsal, wait till Europe opens
anivesh Says:
December 19th, 2011
Posted at: 12:48 pm
Kartik,
Do i continue to hold puts even if nifty goes to 4620 to day???
Kartik, replies: Hi anivesh, keep a Sl at 4630