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swetang Says:
April 13th, 2012
Posted at: 9:37 pm
hi cb/kartik. i have cairn india 360 call. what ifect for this news on monday.
Cairn India has hiked Mangala reservoir estimate by 36%, reports, CNBC-TV18's Nayantara Rai quoting sources.
From operators’ point of view, Cairn India and ONGC are ready to ramp up production immediately. On March 30, they moved a resolution that they can ramp up production in Mangala to 150,000 barrels a day.
However, DGH is reluctant to give an approval to that production ramp up go. The DGH believes that one of the key lessons from the falling gas production at the KGD6 has been that the companies should not rush in to ramp up production. But Cairn India is trying its best to get that nod as soon as it can.give me monday target
Cairn India has hiked Mangala reservoir estimate by 36%, reports, CNBC-TV18's Nayantara Rai quoting sources.
From operators’ point of view, Cairn India and ONGC are ready to ramp up production immediately. On March 30, they moved a resolution that they can ramp up production in Mangala to 150,000 barrels a day.
However, DGH is reluctant to give an approval to that production ramp up go. The DGH believes that one of the key lessons from the falling gas production at the KGD6 has been that the companies should not rush in to ramp up production. But Cairn India is trying its best to get that nod as soon as it can.
Cairn India has also revised the reservoir estimates at Mangala by 36%. It has brought to the attention of oil ministry as well as the DGH saying that the reservoir performance as well drilling activities as carried out warrants the production at Mangala should indeed be increased.
Kartik, replies: Hi swetang, its a positive news, hold Cairn with a SL at 345 (strong support) for another 2-3 days
Kartik Says:
April 13th, 2012
Posted at: 9:38 pm
Hi kalaiselvan, try directly on mcx.in
Hi Dr.S.J.Singh, it does look weak overall, could see some downside ahead
Hi nilesh, it looks weak overall, would advice to exit on any possible rise
Hi subodh, resistance at 5310, support at 5180
Hi sonu, can be entered if Markets break 5180
Hi sunita, no, it has been a downtrend, would be safe to exit from it
Sunil R Says:
April 13th, 2012
Posted at: 9:41 pm
Sir I sell ICICI bank yesterday, I started studing tecnical graphs recentaly, as per my calculation market will fall heavily on Monday, & next Monday or Tuseday 24 Apr again rise, since I am new should I by Icici on Monday if it will fall further or wait to buy.
Kartik, replies: Hi Sunil R, ICICI looks weak, avoid it
ashok Says:
April 13th, 2012
Posted at: 10:41 pm
Karthik,
I am planning to do option on Nitfy index. Is it right place to start ? please advice.
CB, replies: Hi ashok, as of now its best to wait. can enter a pe if nifty breaks strong support at 5130
Sandy C Says:
April 13th, 2012
Posted at: 10:48 pm
Hello Kartik,
Holding 2 Lots of 5100PE APRIL.Should I continue to hold or exit ? I am in a very small profit now. Thanks.
CB, replies: Hi Sandy C, yes, seems may open lower on Monday. hold these.
ashok Says:
April 13th, 2012
Posted at: 11:27 pm
will wait. Thanks Karthik.
CB, replies: Hi ashok, most welcome.
rajesh Says:
April 14th, 2012
Posted at: 2:04 am
good positional buy...get benefited if u can hold positional: goodrick @140& paperproducts@68 tgt are 15% from here..
already goodrick moved 10 percent today..
and came bak to2 percent.. so use it if u want to earn
Ganesh Says:
April 14th, 2012
Posted at: 5:43 am
Hi CB,
Gemini communication has announced the buy back of shares at max price of Rs.45. Can this share be bought at cmp? Please advice.
CB, replies: Hi Ganesh, Technically its look weak below 20. dont enter it yet. .If the buy back price is fixed at 45, stock will see an upmove.. If it says "upto" 45, then stock may not move much
snu Says:
April 14th, 2012
Posted at: 7:51 am
hi cb unloaded all rama phos. @70 now @ 65 thanks for guidance
CB, replies: Hi snu, :) nice to hear that..
Ravindra Singh Says:
April 14th, 2012
Posted at: 8:37 am
sir i have vakrangee @547 this time its 34 what about
CB, replies: Hi Ravindra Singh, yes. there is a stock split. you will get bonus shares in your account in a week or 2.
Milind Shah Says:
April 14th, 2012
Posted at: 10:26 am
Gud morning Sir....!!!
I have bought Educomp call option 21o series @rs.3.90...Shud i hold it...Wt is your view on educomp...???
CB, replies: Hi Milind Shah, Good morning. its a hold for now. keep sl at 187
Sanjay Kumar Sharma Says:
April 14th, 2012
Posted at: 10:34 am
Halo Kartik,
Good Day and happy weekend,
Please advise me on Infosy . I purchased 300 @ 2500 for med term.

Thanks,
CB, replies: Hi Sanjay Kumar Sharma, Good morning. you too have a good weekend. infy is a good long term play. for now hold it.
sandeep Says:
April 14th, 2012
Posted at: 10:35 am
How's Reliance Industries Looking as it's Positive Even in yesterday's Big crash....???
CB, replies: Hi sandeep, yes. does have strong support near 700-720 levels. if markets remain weak, its possible it tests it again