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  1. Gautam Says:
    October 12th, 2009
    Posted at: 3:33 pm

    target for SESA GOA fut on wednesday...
    is it looks weak or strong ?


  2. Sabir Says:
    October 12th, 2009
    Posted at: 3:36 pm

    Hi Gautam,

    Sesa Goa gave break out today only. Pls Don't short it. My view is it will rise further.

    However, CB/Kartik should confirm.

    Right now markets r not decisive of bullish / sideways until 5100 levels or 4850 on the downside. Hence, avoid shorts currently as with today's rise; money's sitting on sidelines is expected to be pumped in into the markets in the coming days.


  3. jo Says:
    October 12th, 2009
    Posted at: 3:37 pm

    hi kartik, our market is too crazy, every body says market is expecting a big correction but inspite of all the above how can our maket is heading towards a 2% rise pls comment on this. even u guys told that there will be some 100 to 200 points correction but ?????


  4. Rags Says:
    October 12th, 2009
    Posted at: 3:53 pm

    Hi Jo, Market had already fallen last week and today everything was positive, The IIP Numbers, asian markets, US markets and European markets as well ... How can u expect Indian markets to comedown inspite of all these Huh?

    CB, replies: Hi Rags, Shree ashtavinayak has resistance higher at 67. not sure about alkali

  5. kumar Says:
    October 12th, 2009
    Posted at: 3:59 pm

    Hi karthik,

    Shall i buy ttml at cmp.

    Kartik, replies: Hi kumar, Its a loss making company, dont enter it now

  6. Ram 254 Says:
    October 12th, 2009
    Posted at: 4:34 pm

    Hi CB/Kartik

    Booked profit on 5000 nifty call at 145.
    Have 5200 oct [email protected] can nifty touch 5200 by this weekend as oil and gas counters are showing some movement and is there any chance that capital goods counters to join with them and nifty break the resistance of 5060 and wat r the chances that 5200 is touched before this weekend?

    plz suggest the stop loss and possible target for the above.

    Kartik, replies: Hi Ram 254, you might keep a Trailing SL around 5020-30 on Nifty and hold

  7. Rashmi Says:
    October 12th, 2009
    Posted at: 4:58 pm

    kartik your CIPLA call did well today, exited at 302.20, thanks for your calls


  8. Kartik Says:
    October 12th, 2009
    Posted at: 5:08 pm

    Hi santosh, it saw some profit booking i guess

    Hi Rajib, no, dont enter now, wait for some time

    Hi shiva, it can be a risky bet, as one cannot predict results, buy it in small quanitity

    Hi Naveen, can you please give me its BSE code

    Hi VIJAYA, they can add 10-15% in short term

    Hi sk, hold it for some more time, it can do well, not sure whats wrong with Punj LLyod

    Hi santosh, it can see 110+ levels, within 1-2 weeks time

    Hi friend, enter around 4800 levels or invest 30% now and then avg it if it comes down later

    Hi Srikar, it faces resistance around 155 levels, hold onto it for some more days

    Hi Prashant, around 220

    Hi som, Airtel can do well in the short run

    Hi kumar, Its a loss making company, dont enter it now

    Hi Ram 254, you might keep a Trailing SL around 5020-30 on Nifty and hold


  9. Nitin Says:
    October 12th, 2009
    Posted at: 5:09 pm

    i bought cipla at rs.297 but somehow failed to sell it arround rs.304 ,wat to do now,.also have cairn at 268.45,dr.reddy at 977and satyam at 110.50,plz tell me wat to do/

    Kartik, replies: Hi Nitin, hold them for another week or so, it can do well, Markets are closed tomorrow, we lets see how global market reacts

  10. Vhusain Says:
    October 12th, 2009
    Posted at: 5:09 pm

    Hi CB/Karthik,

    I hold Deccan Chronicle 700 stocks @153. Please let me know if I should hold them or sell them.
    Thanks in advance.

    Kartik, replies: Hi Vhusain, exit it from it around 165 levels

  11. Nitin Says:
    October 12th, 2009
    Posted at: 5:15 pm

    is mkt going to fall sharply tomorrow?how will nifty behave tomorrow?

    Kartik, replies: Hi Nitin, hold them for another week or so, it can do well, Markets are closed tomorrow, we lets see how global market reacts

  12. venkat Says:
    October 12th, 2009
    Posted at: 5:22 pm

    Hi Karthik,

    Today due to some work I could not follow the Market.. Hence couldn't square up my positions. Please advise..
    Holding Short positins in Grasim@2500 and HCL [email protected].

    Regards
    Venkat

    CB, replies: Hi venkat, Hold them..keep sl at 5070 on nifty

  13. Srikar Says:
    October 12th, 2009
    Posted at: 5:34 pm

    Your message...Hi Kartik,
    i hope u didnt get my script correct. i was enquiring about IFCI which is trading at 52-53 levels.. Whereas ur reply is "it faces resistance around 155 levels......."
    Can u pls get it right.
    Thanks in advance..

    CB, replies: Hi Srikar, it is oversold as of now can head upto 56-57 in short term.. has support lower around 48

  14. Vhusain Says:
    October 12th, 2009
    Posted at: 5:38 pm

    Thanks Karthik will do so.


  15. ANTARA Says:
    October 12th, 2009
    Posted at: 5:41 pm

    RCOM was down today, any specific reasons. Kindly advise strong resitance area for RCOM between 200-240

    CB, replies: Hi ANTARA, it has strong support at 234 levels..

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