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CB Says:
October 8th, 2012
Posted at: 4:38 pm
Hi Nehu, could see a bounce of 3-4rs tomorrow.
nivas Says:
October 8th, 2012
Posted at: 4:45 pm
Thanks CB
CB, replies: Hi nivas, most welcome
Raj Says:
October 8th, 2012
Posted at: 4:46 pm
Hi CB,
What is the target for Exide Industries? Any chance to reach 170?
CB, replies: Hi Raj, does look good. above 155 can head upto 165 levels.
Praveen Says:
October 8th, 2012
Posted at: 5:16 pm
Hi CB,
How is nifty on tomorrow...?
CB, replies: Hi Praveen, as of now seems may open a bit flat. Lets see how US markets close
Vijay50 Says:
October 8th, 2012
Posted at: 5:17 pm
can I hold 2200 put of sbi (oct) for a target of 2080.
CB, replies: Hi Vijay50, can test 2250. not sure of 2080
SSaxena Says:
October 8th, 2012
Posted at: 5:23 pm
What is the resistance in Bank Nifty for tomorrow?
CB, replies: Hi SSaxena, has strong support at 11350. if holds onto it, can see a bounce
ujwala Says:
October 8th, 2012
Posted at: 5:40 pm
Taken Confipetro at 10. What to do?
CB, replies: Hi ujwala, can add few more at cmp to avg. its a good bet. will recover back
pooja1981 Says:
October 8th, 2012
Posted at: 5:41 pm
At what levels of Nifty we should buy some stocks ?? Can nifty see 5550???
CB, replies: Hi pooja1981, yes, can add longs near 5550
Rupesh Says:
October 8th, 2012
Posted at: 5:43 pm
HI,
I have buy Rpower future @ 103
What is target for this week or oct series?
CB, replies: Hi Rupesh, its a hold for short term. can see 110
Mahesh Says:
October 8th, 2012
Posted at: 5:46 pm
Hi Raj, Sir, Good Evening... Your view on USD/INR for next two weeks please...
CB, replies: Hi Mahesh, seems can test 53 once.
shashank Says:
October 8th, 2012
Posted at: 6:05 pm
HI CB
Can sbin go down to 2150?
CB, replies: Hi shashank, as of now not sure of 2150 yet. has support at 2230. if breaks it then next target comes in at 2180
SUNDARAM Says:
October 8th, 2012
Posted at: 6:06 pm
Hi Mr Kartik ,
Many stocks in Private banks / Pharma ? cement are hurtling back towards their 50 DAY EMA and some even nearing the 200 DAY EMA . Whats your gut feel with your experience of the market , Will most stocks , Private banks / Pharma/cement take support at the nearest 50 DAY EMA / 200 EMA or are they even likely to break that and go further below . I mean are we seeing a short term correction now ( 3-4 days ) or a slightly longer reversal ?( 15-20 days )..?
CB, replies: Hi SUNDARAM, yes, technically markets are in an uptrend. they are likely to take support here and bounce back
Sujata Says:
October 8th, 2012
Posted at: 6:18 pm
hi CB/Kartik
Seems like profit booking by the DIIs are finally here, The Nifty retraced to sub 5700 levels today owing to profit booking by the DIIs whereas FIIs have been nett buyers today.
Seems that we can see a bit more downside to 5650 levels in the coming days however 5640 happens to be a feeble support, the key level of 5715 has been broken and RIL has been downgraded that is the main point of concern.
Lets hope for the best
Regards
Sujata
Kartik, replies: Hi Sujata, rightly said, thanks