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  1. rajiv23 Says:
    September 10th, 2012
    Posted at: 9:04 pm

    Hi cb sir holding action construction at 30 level should i average here.thanks

    Kartik, replies: Hi rajiv23, arss looks weak, avoid it for now, dont add more of ACE yet, wait for some more time

  2. Abhija Says:
    September 10th, 2012
    Posted at: 9:09 pm

    hi sir, can i enter biocon @273or 274 level tomorrow your advice please

    Kartik, replies: Hi Abhija, can be entered for Short term with a SL at 268 for a target of 282

  3. sujata Says:
    September 10th, 2012
    Posted at: 9:30 pm

    hi Cb
    I think that Biocon can be entered with a strict stoploss of 265, for a short term target of Rs 277-281 (even in a timeframe of 2 - 3 days), since the stock is at an overbought level and has risen considerably from the 240 levels, its likely that the stock might go up a little bit and then profit booking will come in definitely.
    If it manages to cross 282 level on a closing basis then the stock can rally upto 309.
    But it is certain that the stock is overbought and can see profit booking anytime

    Pl put fourth your view
    Regards
    Sujata

    Kartik, replies: Hi sujata,it looks waek technically below 265, could give a small short covering rally, but can be a risky bet to enter for longs

  4. sujata Says:
    September 10th, 2012
    Posted at: 9:46 pm

    hi cb/kartick

    I think that Bank of India is showing positive divergence and therefore the downside in the stock is almost over. Please see the attached image and give your view.
    http://s19.postimage.org/yvjis4tjn/2012_Sep_BANK_OF_INDIA_800x600.png
    Regards
    sujata

    Kartik, replies: Hi sujata,it looks waek technically below 265, could give a small short covering rally, but can be a risky bet to enter for longs

  5. gopalakrishna Says:
    September 10th, 2012
    Posted at: 9:51 pm

    Shall I buy SBI tomorrow at1860-65 ? for a period of 1-3 days.

    Kartik, replies: Hi gopalakrishna, banking stocks look weak, dont make fresh entries in it yet

  6. Kartik Says:
    September 10th, 2012
    Posted at: 9:59 pm

    Hi vinitha, the stocks you have are strong bets fundamentally but they may take a while to recover, if possible ocntinue to hold them for another 8-10 months time, they can do well

    Hi reema, all of them are likely to open gap-up, avoid them

    Hi rajiv23, arss looks weak, avoid it for now, dont add more of ACE yet, wait for some more time

    Hi sujata,it looks waek technically below 265, could give a small short covering rally, but can be a risky bet to enter for longs

    Hi gopalakrishna, banking stocks look weak, dont make fresh entries in it yet


  7. sujata Says:
    September 10th, 2012
    Posted at: 10:01 pm

    hi Cb
    I was just studying the charts of ABB attached herewith : http://s19.postimage.org/5uf6iq93n/2012_Sep_ABB_LTD_800x600.png
    since the stock has crossed the level of 731 on a closing basis and RSI is showing positive strength. It can go upto 761 if the markets show strength.

    kindly confirm/contradict my view

    thanks and regards
    Sujata

    Kartik, replies: Hi sujata, it faces resistance at 735-742 levels, a close above which can take it higher

  8. vijaya Says:
    September 10th, 2012
    Posted at: 10:06 pm

    tomorrows tr for hexaware?

    Kartik, replies: Hi vijaya, can see 136

  9. vinu Says:
    September 10th, 2012
    Posted at: 10:08 pm

    hi CB.whats u r view on Ambuja....i m holding 200 CE .....thank you

    Kartik, replies: Hi vinu, keep a SL at 185 (support cash) and hold it for 2-3 days, can give a bounce if Markets manage to trade strong or flat in the next few days

  10. reema Says:
    September 10th, 2012
    Posted at: 10:10 pm

    tomorrow maRKET SENTIMENT

    Kartik, replies: Hi reema, likely to trade in a range of 5340-5380

  11. Arun Says:
    September 10th, 2012
    Posted at: 10:40 pm

    Hello CB... Tomorrows target for Bharti Airtel with stoploss plz..

    Kartik, replies: Hi Arun, it may open higher around 264 and then see soem profit booking, avoid it for intraday

  12. Arun Says:
    September 10th, 2012
    Posted at: 10:49 pm

    Hi Arun, Thanks kartik

    CB, replies: Hi Arun, most welcome

  13. Ronsal Says:
    September 10th, 2012
    Posted at: 10:55 pm

    Tata mtrs?

    Kartik, replies: Hi Ronsal, faces resistance at 252, above which can do well in the short run

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