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Bb Says:
July 29th, 2013
Posted at: 1:21 am
What level to short pharma stocks
Like
Sun pharma
Lupin
Sl target
CB, replies: Hi Bb, no, dont go short on ib yet. near support levels. not sure of sun and lupin as of now
Sumit Says:
July 29th, 2013
Posted at: 6:13 am
Hi CB , Good morning, what happened to torrent pharma is the stock split or some thing else.
CB, replies: Hi Sumit, Good morning. yes, there was a stock split.
CB Says:
July 29th, 2013
Posted at: 8:10 am
Hi darshan, its a hold for 2-3 months. fundamentally its a good bet. dont add more of it yet.
Hi Mahendra, can add sona in small quantity for now. can see 12.50 in near term. sicagen looks weak. dont enter yet
Hi hiniyaz, you are always welcome
Hi Bb, no, dont go short on ib yet. near support levels. not sure of sun and lupin as of now
Hi Sumit, Good morning. yes, there was a stock split.
Nagaraja.K.G Says:
July 29th, 2013
Posted at: 8:36 am
SIR GM
pl suggest supp/res of asian paint & this stock is split pl suggest me.
CB, replies: Hi Nagaraja.K.G, not sure of the stock split rate yet. technically has strong support at 4900-4950 levels. seems can move higher from here
pooja1981 Says:
July 29th, 2013
Posted at: 8:41 am
Dear CB
Global market s are weak. Should I short union bank here to hedge my long?
CB, replies: Hi pooja1981, yes, lets do that for now
Rachna Says:
July 29th, 2013
Posted at: 8:55 am
larsen support level
CB, replies: Hi Rachna, its at 850
GS Says:
July 29th, 2013
Posted at: 8:59 am
Hi CB,
Market is breaking one by one support level. FII pulling out 18,500 cr frm india in July..If NIFTY breaks 5840 today, do you think it will recover? What events do you think will take it up in +ve/-ve side?
CB, replies: Hi GS, yes, below 5840 could test 5750 levels. has been moving in the 5550-6200 range since quite some time now.could break on either sides in coming days.
Pradeep Says:
July 29th, 2013
Posted at: 9:02 am
gud mng...I want to buy ashokleyland at this level..is it good???
CB, replies: Hi Pradeep, no, looks weak. dont enter yet
GS Says:
July 29th, 2013
Posted at: 9:03 am
Which side - below 5550 or above 6200 is more likely? :)
CB, replies: Hi GS, :) thats a tough one. tripe bottom formation near 5550. and top near 6100-6200. cannot really be sure yet.
GS Says:
July 29th, 2013
Posted at: 9:06 am
Ok CB, Thanks..Market is really volatile..For today, what levels we will see in JPA, RELCAP?
CB, replies: Hi GS, jp can fall another 3%. relcap has support at 368-370. can see 378 if markets improve a bit.