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amal Says:
December 24th, 2011
Posted at: 11:54 am
Hi Karthik,
If market is in green on Monday what is the upside target for Tata Motor and Bombay Dyeing
CB, replies: Hi amal, tata motors has resistance at 185.50 levels. above this can see 189. bombay dyeing can test 369
DJ Says:
December 24th, 2011
Posted at: 12:47 pm
Hi Chirag
Nifty simply failed to close in green.considering a mild upmove in opening,it surely can come down and may even break 4680.in that case where can it find its support?
and where do u c JP on monday?both the query plz buddy
CB, replies: Hi DJ, yes. strong support is much lower near 4550 levels. jp is looking weak. can test 52
CB Says:
December 24th, 2011
Posted at: 1:16 pm
Hi amal, tata motors has resistance at 185.50 levels. above this can see 189. bombay dyeing can test 369
Hi DJ, yes. strong support is much lower near 4550 levels. jp is looking weak. can test 52
DJ Says:
December 24th, 2011
Posted at: 1:22 pm
Thx buddy
so i am going to continue holding jp shorts.in case of 4550,jp surely may crash to 45-42 levels?any chance of that in this expiry?
CB, replies: Hi DJ, yes. continue to hold these for now
DJ Says:
December 24th, 2011
Posted at: 1:25 pm
Sorry for rpt posts.net prob buddy
CB, replies: Hi DJ, yes. continue to hold these for now
nilesh Says:
December 24th, 2011
Posted at: 1:36 pm
sir as per ur advice i sold 15000 KGL@ 4.30 and wait for 3.70 to renter but it rebound after touching 4 so pls advise me now should i reenter now or wait? what is resistance?
CB, replies: Hi nilesh, yes, its been finding good support near 4 levels. it has resistance near 4.5-4.7 levels. don't enter it yet.
jesal raval Says:
December 24th, 2011
Posted at: 1:59 pm
good afternoon sir, well the power sectors going down worth investing or may fall further is there weakness in rec pfc , what are lvls for investment now or wait is bounce expected in short term or on monday as us markets will now open on tuesday directly
CB, replies: Hi jesal raval, Good afternoon. these do look weak. have been seeing quite a bit of selling pressure lately. don't enter these yet. seems can fall further. a small bounce could come in if markets improve.. but selling pressure is likely to resume on rise.
mary Says:
December 24th, 2011
Posted at: 2:22 pm
HI CB/Kartik
MERRY CHRISTMAS
CB, replies: Hi mary, Wish you the same.. Merry Christmas..
mary Says:
December 24th, 2011
Posted at: 2:23 pm
Hi DJ
MERRY CHRISTMAS
CB, replies: Hi mary, Wish you the same.. Merry Christmas..
DJ Says:
December 24th, 2011
Posted at: 2:40 pm
Merry Christmas @Mary...how r u and ur trading?
Abdullah Says:
December 24th, 2011
Posted at: 2:51 pm
Hi mary, Wish you and your family a very happy and merry Christmas :) Dont forget my roast Turkey :)
suneer Says:
December 24th, 2011
Posted at: 3:28 pm
What is your view on ICICI abnk, Bharthi Airtel, REC, Hindalco, Ster at current level Please advise me
CB, replies: Hi suneer, hindalco is having good support at 118-120. if breaks it can fall further. others are going weak. don't enter them yet. seems can fall further in comng days
Arjun Says:
December 24th, 2011
Posted at: 3:51 pm
HI CB/Kartik,
Can i short Bata India Jan Futures, if yes plz advice me the S.L and target. Thank u very much.
CB, replies: Hi Arjun, yes, has strong resistance at 200dma at 565. can short if markets turn weak. keep sl at 565