Quotes with Resistance & Support
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  1. mohanyr Says:
    February 21st, 2013
    Posted at: 7:21 pm

    Hi CB,

    How is MINDTREE looking for the short term ? what is its target ?

    Regards,
    Mohan

    Kartik, replies: Hi mohanyr, it looks overbought, seems may take a pause around 830-850 lvls before moving higher

  2. MRP Says:
    February 21st, 2013
    Posted at: 7:29 pm

    tomorrow market up / down?

    nifty next support (pls mention spot or future?

    thanks
    MRP

    Kartik, replies: Hi MRP, some support at 5820

  3. RKM Says:
    February 21st, 2013
    Posted at: 7:32 pm

    Sir,
    Can short ITC @ Rs 296 levels tomorrow what levels can see in coming days?

    Kartik, replies: Hi RKM, can see 293 tomorrow, book on dips

  4. rissan Says:
    February 21st, 2013
    Posted at: 7:32 pm

    HI CB. sorry. could not find out sgxnifty in moneycontrol.com. Can you help let me know where has nifty closed because you predict that if it closed below 5830, it could move down further which is a cause of grave concern

    Kartik, replies: Hi rissan, you can find it here: http://www.moneycontrol.com/premarket/ but note SGX is most active pre-Market time, around 8am IST, avoid tracking it now as it hardly has any volumes now

  5. Kris Says:
    February 21st, 2013
    Posted at: 7:33 pm

    Dear CB / Kartik,

    Good Evening! Which of the following would be a good choice to trade tomorrow (Feb futures)? Please also provide entry, sl and targets.

    1. SELL JPASSOCIAT
    2. SELL SUNTV
    3. SELL BANKBARODA

    1. BUY TCS
    2. BUY MPHASIS

    Thanks,
    Kris

    Kartik, replies: Hi Kris, GE, MPHASIS can be shorted if it breaks 470 for a target of 463 with a SL at 475

  6. sonu Says:
    February 21st, 2013
    Posted at: 7:53 pm

    Hi rissan, http://sgxniftylive.co.in/ can try this site for SGX NIFTY LIVE / close . And check nseindia.com for NIFTY live / close . I hope this help you .

    Kartik, replies: Hi sonu, thanks for the link

  7. Ahmed Says:
    February 21st, 2013
    Posted at: 8:32 pm

    Hi CB
    I have tatapower 90 pe @ .60 know it is .10 to .20 range please advoice hold or sell
    Thanks in advance

    Kartik, replies: Hi Ahmed, hold the PE for some more days, its likely to see some downside ahead

  8. Kartik Says:
    February 21st, 2013
    Posted at: 8:32 pm

    Hi pooja1981, wait for some short covering in it around 220

    Hi reevu, around 1300 for now

    Hi jss, but seems may trade flat

    Hi venkat, it looks weak, avoid it


  9. rocky Says:
    February 21st, 2013
    Posted at: 8:37 pm

    Hi CB,
    Holding BPCL futures at 393.80, kindly advise to square the position tomorrow morning or to hold if not risky?

    Kartik, replies: Hi rocky, hold it with a SL at 387, its likely to give a bounce tomorrow from its strong support of 390

  10. rissan Says:
    February 21st, 2013
    Posted at: 8:44 pm

    Thanks Sonu. Checked and found that it had closed at 5848... A little scary as I am in long in Pantaloon and Infy and have already lost quite a lot today... Hoping for the best.

    Kartik, replies: Hi rissan, you can find it here: http://www.moneycontrol.com/premarket/ but note SGX is most active pre-Market time, around 8am IST, avoid tracking it now as it hardly has any volumes now

  11. Kris Says:
    February 21st, 2013
    Posted at: 8:47 pm

    Kartik,

    You missed my query. Please respond.

    Thanks,
    Kris

    Kartik, replies: Hi Kris, GE, MPHASIS can be shorted if it breaks 470 for a target of 463 with a SL at 475

  12. SACHIN Says:
    February 21st, 2013
    Posted at: 8:52 pm

    Hi,


    Can you please let me know what is the short term future of Yes bank and what is the support and resistance of Yes bank? Thanks

    Kartik, replies: Hi SACHIN, Yes Bank faces strong support a 470, its likely to see some more profit booking ahead after its recent rally

  13. rachna Says:
    February 21st, 2013
    Posted at: 8:57 pm

    nifty level tomorrow

    Kartik, replies: Hi rachna, seems may trade flat for now

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