Quotes with Resistance & Support
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  1. prakash Says:
    March 19th, 2012
    Posted at: 9:37 pm

    Sir can we buy Bank Nifty tomorrow on opening .

    Kartik, replies: Hi prakash, can be entered

  2. Shiv Says:
    March 19th, 2012
    Posted at: 10:04 pm

    Hi, sorry but please can you reply with your view on the Rcom Mar Futures query. (the post under my query is reflected to another Shiv's query).

    Thanks

    Kartik, replies: Hi Shiv, below 90 looks weak, would advice to exit if it breaks 88.50

  3. Sandy C Says:
    March 19th, 2012
    Posted at: 10:35 pm

    Hello Kartik,
    How far Axis Bank can go down till expiry?

    Kartik, replies: Hi Sandy C, if it breaks 1190, can see 1140

  4. SS-JJ Says:
    March 19th, 2012
    Posted at: 10:42 pm

    Good even KARTIK. very bad day..today... was holding rpower futres... it has gone down to 126 level.... i m in huge loss. whats to do? any chance of getting back my buying price of 138.5?

    CB, replies: Hi SS-JJ, it does have strong support at 122-125 levels. hold onto it. can see a bounce back from here

  5. soma Says:
    March 19th, 2012
    Posted at: 10:51 pm

    Hai Sir,

    I short 1 lot Cain india @ 353

    Can i hold it or exit ..pl advice

    CB, replies: Hi soma, it can see 346. hold for now

  6. Vaibhav Says:
    March 19th, 2012
    Posted at: 11:24 pm

    Sir shld i short jp associates now,? Wats d nifty expectatn for tommrw sir ?

    CB, replies: Hi Vaibhav, its near good support of 73-74. dont go short on it yet. nifty in coming days can test 5180

  7. Kartik Says:
    March 19th, 2012
    Posted at: 11:36 pm

    Hi prakash, can be entered

    Hi Sandy C, if it breaks 1190, can see 1140

    Hi Shiv, below 90 looks weak, would advice to exit if it breaks 88.50


  8. shiva Says:
    March 19th, 2012
    Posted at: 11:40 pm

    CB if EUR\USD is going up...does that mean there are very less chances of USD/JPY or USD/CAD will go up?? are these interdependent ?

    CB, replies: Hi shiva, no, these are independent

  9. basha Says:
    March 19th, 2012
    Posted at: 11:45 pm

    Hi Kartik,
    Unitech crashed its 50 & 200 days DMA and closed with selling pressure ? Where it is going to land ? what would be the Probable target for the current expiry ?

    CB, replies: Hi basha, yes. does have strong support near 27-27.50. if manages to hold onto it, can expect 30 again

  10. prakash Says:
    March 19th, 2012
    Posted at: 11:46 pm

    Sir can we short Patel Engineering Future / short reliance future / buy lichosung Finance Future . Please advice which one can be initiated .

    CB, replies: Hi prakash, can go with lic for now. looks good

  11. Jayesh Says:
    March 20th, 2012
    Posted at: 12:24 am

    Asian Paints looks weak on the charts now. Do you agree going short on it? Thanks.

    CB, replies: Hi Jayesh, it does have strong support near 3040 levels. don't go short on it yet... yes, Jindal steel does look good. seems can add 12-15rs tomorrow

  12. Jayesh Says:
    March 20th, 2012
    Posted at: 12:46 am

    I'm trying to learn technical analysis by referring the documents on your website. Based on what I learned today, Jindal Steel & Power shows a Hammer pattern on yesterday's closing. So does it make sense taking a long position? Thanks.

    CB, replies: Hi Jayesh, it does have strong support near 3040 levels. don't go short on it yet... yes, Jindal steel does look good. seems can add 12-15rs tomorrow

  13. Jayesh Says:
    March 20th, 2012
    Posted at: 12:55 am

    Hi Jayesh, Hi CB. My 2nd question was about Jindal Steel & Power. Can I go long on it? Shows a hammer on yesterdays closing.

    CB, replies: Hi Jayesh, yes, just edited the above reply

  14. Jayesh Says:
    March 20th, 2012
    Posted at: 12:56 am

    Hi Jayesh, Got you. Thanks again.

    CB, replies: Hi Jayesh, most welcome.

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