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CB Says:
June 13th, 2013
Posted at: 4:26 pm
Hi umesh, no, not likely to. orchid can see a bounce from here
Hi Madhu, its a hold for now. sl near 1380, can test 1430
Hi rajs, no, not yet. its going weak.
Hi khalidsharief, technically below 5800 nifty looks weak. can look to add if nifty nears support levels of 5600-5620 or above resistance of 5800. can accumulate axis bank, ril, bharti airtel on dips
Hi murali, its a hold for 1-2 months. will bounce back. for 1-2 days will remain volatile due to the news flow.
umesh Says:
June 13th, 2013
Posted at: 4:48 pm
from where HDIL bounce back
CB, replies: Hi umesh, since its making new lows, cannot give a support level yet. likely to move with the nifty
antara Says:
June 13th, 2013
Posted at: 5:00 pm
stuck in runuka sugar @ 31 what to do. How much down side is left.
Kartik, replies: Hi antara, may take a while to recover, has been trading weak with the Markets, if possible hold it for another 6-8 months time, avg it out on dips once markets settle
gowriuday Says:
June 13th, 2013
Posted at: 5:09 pm
Hi
I have 1000 ifci shares entered at 36 level. Now it is on 23 level so pls tell Me about its position
Kartik, replies: Hi gowriuday, hold it for MId/Long term, can do well
NDA Says:
June 13th, 2013
Posted at: 5:14 pm
What is apollo tyre target 2morrow ?????????????????.
Kartik, replies: Hi NDA, may open lower around 65
Pankaj Says:
June 13th, 2013
Posted at: 5:39 pm
nifty and bank nifty is in over sold zone that's y? 2DAY I M LONG IN BNF JUNE @ 11715. WHAT 2 DO NOW? HOLD OR EXIT.
Kartik, replies: Hi Pankaj, they continue to look weak, but seems can give a small short covering rally in the next 1-2 days, try to exit from your Ce's on rise
raga Says:
June 13th, 2013
Posted at: 6:12 pm
hi CB, below what levels can i go short in Jp associates.please give target and stoploss
Kartik, replies: Hi raga, can be shorted for a target of 56 (cash) with a SL at 62 for a couple of days
Pankaj Says:
June 13th, 2013
Posted at: 6:31 pm
thank you very much sir.......... can you give me the target and stop loss please???
Kartik, replies: Hi Pankaj, keep a SL at 11550 (cash) for a target of 11750
bhat85 Says:
June 13th, 2013
Posted at: 6:42 pm
where do you see the next support on nifty since it has already broken 5740 support? I have done a long straddle on 5700 which I want to keep till expiry. let me know your views on the same please.
Kartik, replies: Hi bhat85, seems can give a small short covering rally ahead of 30-40 pts, try to exit on rise
R.MADAVAN Says:
June 13th, 2013
Posted at: 6:44 pm
Sir
yesterday i will buy ce 5800 2 lot at 77 and today same 4 lots at 45.50 please tell how much target for this shares then when market will go up
Kartik, replies: Hi R.MADAVAN, hold them with a SL at 5680 for a target of 5740, a small short covering rally is possible in the next 1-2 days time
s prak Says:
June 13th, 2013
Posted at: 6:51 pm
hi kartik,
any name is banking sector for short term ? can Yes bank be bought at this level ?
Kartik, replies: Hi s prak, they seem to be trading weak with the Markets, would be better to avoid them
jss Says:
June 13th, 2013
Posted at: 6:58 pm
sir wt abt ess dee alu and amtek india stucked in it badly
Kartik, replies: Hi jss, continue holding them with a SL at 550 and 85 (both strong supprot levels, they can give a bounce ahead if Markets see some upmove)
Bharat Says:
June 13th, 2013
Posted at: 7:14 pm
Dear CB and Kartik
Few days back also i was asking you about the EDucomp and today also i am asking you of the same.
This stock is coming down and down daily. i have 200@ 171. I can hold it for the long, bu the question is will it recover back or just finished with Rs 5- 10
Kartik, replies: Hi Bharat, it seemed to have reacted to its weak results it seems, http://www.moneycontrol.com/news/results/educomp-solutions-posts-q4-net-lossrs-148cr_886574.html since you have it higher levels, would be better to continue holding it and avg it out on dips