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Kris Says:
May 9th, 2012
Posted at: 7:34 pm
Dear CB,
Where do you see JPAssociates next support, 59.3 or 52?
Thanks,
Kris
CB, replies: Hi Kris, its near 58. itc does look good. an test 245 in coming days
Kris Says:
May 9th, 2012
Posted at: 7:36 pm
Dear CB,
Your thoughts on ITC too. IT has formed a long white candle today. You think it will go up from here?
Thanks,
Kris
CB, replies: Hi Kris, its near 58. itc does look good. an test 245 in coming days
CB Says:
May 9th, 2012
Posted at: 7:40 pm
Hi stranger, yes. if these open gap down, don't go short
Hi Kris, its near 58. itc does look good. an test 245 in coming days
sonu Says:
May 9th, 2012
Posted at: 7:56 pm
Sir I am having below queries -
1) I am holding IDBI Bank - 250 Shares (@ 118) , I am planning to average @ around 85 .
2) I want to invest in JP Associates for 2-3 months (around 25K) - please suggest level for JP Associates .
3) I want to invest in Reliance Banking Fund for 2-3 months(Around 50K) - please suggest level of Bank Nifty at which I can invest in Reliance Banking Fund .
4) Also suggest if I can invest in GVK power for 2-3 months - suggest the levels.
Kartik, replies: Hi sonu, avoid making fresh entries or averaging your stocks yet,Markets look weak for now, wait for a few weeks
Nj Says:
May 9th, 2012
Posted at: 7:58 pm
Hi CB,
How does Shree Renukka Sugars look at current levels of ~ 28/29... ?
Kartik, replies: Hi Nj, no, it looks weak, avoid it
Abhishek Says:
May 9th, 2012
Posted at: 8:02 pm
Hi,
Owing to the candlestick pattern do u xpect nifty to hold 4950 for 2morrow.also ur view on hdfc bank n tata motors.i have bought 100 shares tatamotors at 295 .?
Kartik, replies: Hi Abhishek, Yes, support around 4940, Tata and HDFC bank could add some gains if Markets manage to give a small bounce tomorrow
mamta Says:
May 9th, 2012
Posted at: 8:55 pm
tata motors a sort of spinning top.closer to 50 day sma .do u expect the uptrend to resume or atleast a pause in the down fall????????????????
Kartik, replies: Hi mamta, faces support at 285, if broken can see lower levels
senthil Says:
May 9th, 2012
Posted at: 8:57 pm
hi cb SBIN HERO MOTO AXIS BANK OR HIND PETRO DLF FUT WHICH ONE DO U RECOMMEND TO BUY TOMMROW
Kartik, replies: Hi senthil, avoid making longs yet, wait till markets settle
AADITYA Says:
May 9th, 2012
Posted at: 9:01 pm
HELLO SIR
I WANT 2 INVEST IN ITC, BHEL, HCC, JPASSO
IS IT RIGHT TIME TO INVEST FOR 1 YEAR TIME FRAME??
IS THERE ANY OTHER STOCKS TO INVEST IN YOUR RADAR FOR SAME PERIOD, PLZ SUGGEST??
THX N REGARDS
AADI
Kartik, replies: Hi AADITYA, would be better to wait for some more time as Markets look weak for now, wait for a couple of weeks till Markets settle
reevu Says:
May 9th, 2012
Posted at: 9:15 pm
Sir,
How much downside do you see in Punj Lloyd in the next few weeks?
Pl give downside target.
Kartik, replies: Hi reevu, can see around 44.5
S Says:
May 9th, 2012
Posted at: 9:27 pm
Hi CB/Kartik,
I have long position in SBI
futures @1925,whts ur view
on this,can it recover to 1950
in 2-3 days?
thx.
Kartik, replies: Hi S, it looks weak, enter a PE to hedge on rise
JAYA Says:
May 9th, 2012
Posted at: 9:36 pm
American market are made open higher lower 150 points daily and recover
CB, replies: Hi JAYA, yes, seems may open a bit higher. hold call. can see 5030-5040
Rk Says:
May 9th, 2012
Posted at: 9:37 pm
Sir, nifty and global index are red for the past few days.....is there any chance for the market to recover in the near time.......how long does this bearish will continue.....
Kartik, replies: Hi Rk, could see a small bounce tomorrow
JAYA Says:
May 9th, 2012
Posted at: 9:38 pm
tomorrow i think we open higher 5030 to 5050
CB, replies: Hi JAYA, yes, seems may open a bit higher. hold call. can see 5030-5040
STRANGER Says:
May 9th, 2012
Posted at: 9:57 pm
kindly suggest IVRCL and LITL Entry level...?? thnks in advns..
Kartik, replies: Hi STRANGER, wait for another 10-15% dip in them