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Pooja1981 Says:
May 11th, 2012
Posted at: 11:05 am
CB,
Now IIP is not good i think....but bank nifty and ICICI are not falling much....what to do from here....technically what are the next support areas for icici bank and bank nifty to exit shorts??
CB, replies: Hi Pooja1981, yes, hold it. below 800 can test 780
CB Says:
May 11th, 2012
Posted at: 11:05 am
Hi jasmin, wait for some time to enter sbi
Hi deepa11, yes, seems so
Hi Niraja, March IIP data at -3.5. Below market expectations.
Hi vicky, as of now its best to wait. markets are going a bit weak
jasmin Says:
May 11th, 2012
Posted at: 11:08 am
please give me enter price in bank nifty and sbi
CB, replies: Hi jasmin, can look to enter these on another 3-5% dip. these are fundamentally strong bet. will give good returns once markets improve
Pooja1981 Says:
May 11th, 2012
Posted at: 11:09 am
So, you are saying that we should hold both shorts and longs...
and then exit shorts near 780 in ICICI and bank nifty around 9200?? or lower
CB, replies: Hi Pooja1981, yes.
Niraja Says:
May 11th, 2012
Posted at: 11:11 am
how is cipla is this iip secario? should exit in loss or hold?
CB, replies: Hi Niraja, being a defensive bet, usually does well in such markets. hold for now
Anivesh Says:
May 11th, 2012
Posted at: 11:14 am
CB,
Hindalco Fut @123...still holding it.
CB, replies: Hi Anivesh, enter a 110 pe for now
simi Says:
May 11th, 2012
Posted at: 11:14 am
Now what to do with iob long and nifty calls as iip not good
CB, replies: Hi simi, hold nifty calls with sl at 4900 for now. shall enter a call lower near 4870. will help recover some loss.
ashok Says:
May 11th, 2012
Posted at: 11:16 am
bought OPT-DLFLIM-31-May-2012 -170-Pe @ 3.5 . please advice
CB, replies: Hi ashok, its a hold. can see 176
Pooja1981 Says:
May 11th, 2012
Posted at: 11:17 am
CB
Bank nifty cmp is 9330 and June is 9285.. should i exit shorts in June around 9200??
CB, replies: Hi Pooja1981, yes
Pooja1981 Says:
May 11th, 2012
Posted at: 11:19 am
and ICICI bank...its not breaking 800-805 levels....and u r saying to exit shorts near 780?? so should i wait?? oor exit around 800 in spot??
CB, replies: Hi Pooja1981, yes, hold it. can test 780