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Kartik Says:
December 4th, 2012
Posted at: 9:28 pm
Hi Indu, There are 2 ways of calculation the RSI, using 14 day high/low for every candle or using the previous RSI to compute the next RSI
We currently in our EOD Charts use the last 14 days (highs/low) for every candle, this is the most commonly used on End of day charts
Also, I confirmed it with ChartNexus
Hi reema, didnt get what you meant by red going down?
Hi abhishek, dont enter them for intraday, they look overbought
venram Says:
December 4th, 2012
Posted at: 9:29 pm
Sir,
Will SBIN cross 2400 level this month?
Kartik, replies: Hi venram, can see around 2300 if Markets trade strong (its more of a Market mover)
Abhishek Says:
December 4th, 2012
Posted at: 9:52 pm
hai cb sir idfc target this week.
Kartik, replies: Hi Abhishek, can re-test 176
vijaya Says:
December 4th, 2012
Posted at: 9:59 pm
tomorrow can i buy ifci fut?which level can i enter tr and sl?
Kartik, replies: Hi vijaya, can be entered at CMP with a SL at 32 for a target of 35.5
keerthi Says:
December 4th, 2012
Posted at: 10:06 pm
where do you see sbin tomorrow? can i go with it for intraday?
Kartik, replies: Hi keerthi, can see around 2355, may consolidation around 2350 for a while before moving higher
sandeep Says:
December 4th, 2012
Posted at: 10:16 pm
I bought gmr infra as it was oversold chall i hold this at this level @19.55
Kartik, replies: Hi sandeep, hold it with a SL at 19.30 (strong support around 19-20 lvls)
arun chatterjee Says:
December 4th, 2012
Posted at: 10:20 pm
sirs-whats one week trgt for jp power?kindly air ur valuable view.
Kartik, replies: Hi arun chatterjee, can see 46
reema Says:
December 4th, 2012
Posted at: 10:20 pm
rel cap target tomorrow market red or greentomorrow
Kartik, replies: Hi reema, RELCAP can see 438, Markets seems may trade flat tomorrow
syam Says:
December 4th, 2012
Posted at: 10:28 pm
sir, short term target of torrent power
Kartik, replies: Hi syam, faces strong resistance ta 172, if it manages to cross it and stay above 172 for a couple of days, can see 190 in the short run
shriniwas Says:
December 4th, 2012
Posted at: 10:31 pm
Hi kartik, holding lovable @ 383. how is the stock fundamentally?? what should be the exit point and sl??
Kartik, replies: Hi shriniwas, hold it with a SL at 375, faces resistance around 385, above which can do well
keerthi Says:
December 4th, 2012
Posted at: 10:31 pm
ok..thnx karthik..i am holding jindal steel dec futures..do i need to exit from it in the opening itself ? wht do u suggest?
Kartik, replies: Hi keerthi, hold it for some more time with a SL at 404 for a target of 415
kRISHNAMOORTHY Says:
December 4th, 2012
Posted at: 10:32 pm
Hi Sirs,Good day to u. UNITECH Dec. future entry price for 2morrow please.Thanks & Regards
Kartik, replies: Hi kRISHNAMOORTHY, they have rallied quite a lot, wait for a dip in them
kRISHNAMOORTHY Says:
December 4th, 2012
Posted at: 10:35 pm
Hi Sirs,tomorrow Dec. Future Which one better to enter UNITECH,NIFTY OR BANK NIFTY. Please. Thanks & Regards
Kartik, replies: Hi kRISHNAMOORTHY, they have rallied quite a lot, wait for a dip in them