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  1. Pooja1981 Says:
    December 30th, 2011
    Posted at: 3:27 pm

    Kartik,

    I have also sold a banknifty call 8000 @300. Do i Still need to hedge my long with a PE??

    Kartik, replies: Hi Pooja1981, bank nifty looks weak, exit from long and enter a PE

  2. Kartik Says:
    December 30th, 2011
    Posted at: 3:29 pm

    Hi ij, thanks, same to you

    Hi RIA, yes, hold them

    Hi Pooja1981, bank nifty looks weak, exit from long and enter a PE


  3. RIA Says:
    December 30th, 2011
    Posted at: 3:40 pm

    Where does the nifty and bank nifty futures now find support? thanxs

    CB, replies: Hi RIA, nifty has support lower near 4550-4600. bank nifty around 7980

  4. jayesh chavan Says:
    December 30th, 2011
    Posted at: 3:41 pm

    hi cb/kartikis is my last query for 2011. u have helped me so much throughout the year.

    cutting my losses & helping me to gain some money.

    may god fullfil all your dreams

    i bought aban jan lot @ 310.40 at closing whats ur call on that

    thanks for the help once again

    CB, replies: Hi jayesh chavan, you are always welcome.. Happy new year.. aban is a hold. can test 320 again

  5. prakash Says:
    December 30th, 2011
    Posted at: 3:42 pm

    Sir , is there any Head & Shoulder pattern forming in Nifty / Bank Nifty . If it is so what could confirmation of same and what could be a possible downside target .

    CB, replies: Hi prakash, if it breaks support at 4550 could test 4450

  6. saurav Says:
    December 30th, 2011
    Posted at: 4:14 pm

    hi

    i have short mini nifty jan future @ 4628. what is the market trend for next week.

    CB, replies: Hi saurav, does look weak overall. hold for now. can test 4580

  7. saurav Says:
    December 30th, 2011
    Posted at: 4:22 pm

    hi cb thanx for valuable comment....

    shall we see nifty below 4600 on monday or within 2-3 days......

    CB, replies: Hi saurav, most welcome. yes, likely to break 4600 in coming days

  8. prakash Says:
    December 30th, 2011
    Posted at: 4:48 pm

    Sir can we start accumulating reliance industries and Reliance capital for 1 year period.

    CB, replies: Hi prakash, not yet. these are going weak. can fall further

  9. Ij Says:
    December 30th, 2011
    Posted at: 5:15 pm

    Hi,

    At what level can I go short in GAIL on Monday. I was short yesterday but covered in profits.

    Thanks.

    CB, replies: Hi Ij, it has support in the 370-380 zone. don't go short on it yet.

  10. Reddy Says:
    December 30th, 2011
    Posted at: 6:04 pm

    Dear Sir,

    Please let me know the support levels for Nifty.

    Shall I go short Nifty on Monday. If I need to short at whal level I need to short and where I have cover the position.

    Thanks in advance.

    CB, replies: Hi Reddy, has strong support lower near 4550 levels. its possible nifty sees a small bounce from here. don't go short yet.

  11. Captain Says:
    December 30th, 2011
    Posted at: 7:34 pm

    HAPPY NEW YEAR. Idfc support and resistance?

    Kartik, replies: Hi Captain, thanks, same to you, its a downtrend, resistance at 105

  12. SD Says:
    December 30th, 2011
    Posted at: 8:00 pm

    hiii CB..

    What can be Intraday target for kalindee Rail on monday ??I have 200 shares at 98.

    Kartik, replies: Hi SD, can see 100 on Monday

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