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Kartik Says:
December 24th, 2011
Posted at: 11:49 am
Hi amal, nifty faces strong resistance around 4750 and seems may not cross it. also Jan has a history of corrections. lets see.
Hi Antara, if broken 34, can see 32
Hi Shlok, for now it seems we may trade flat
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
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