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  1. Kartik Says:
    August 4th, 2013
    Posted at: 7:17 pm

    Hi S.BHUVANA, 150 acts as its intermediate support, you may enter it for Short term around 155 with a SL at 150 for a gain of 10-15% in Short term


  2. S.BHUVANA Says:
    August 4th, 2013
    Posted at: 7:18 pm

    Sir ,

    Thanks for your clarifications on SBI sir ...

    Kartik, replies: Hi S.BHUVANA, Yes, 200 DMA acts as strong support level, if a stock manages to break this support and continues to trade below it for 1-2 weeks time, some more downside can be expected in it

  3. praveen Says:
    August 4th, 2013
    Posted at: 7:22 pm

    what about sintex and onmobile. hold or exit

    Kartik, replies: Hi praveen, they look weak, if you've entered them around CMP (5-10%) would be better to exit, else hold it for Short/Mid term and avg them out on dips

  4. aditya24 Says:
    August 4th, 2013
    Posted at: 7:29 pm

    hi kartik, what is your view about idfc. i have 150 at 137 now want to avg. it. kindly suggest the lvl.thanks!!

    Kartik, replies: Hi aditya24, 100 acts as its strong support, lets wait to see if it manages to sustain above this level for a couple of weeks before avging it out

  5. S.BHUVANA Says:
    August 4th, 2013
    Posted at: 7:31 pm

    Sir ,

    Since SBI and many other stocks are trading so far below their 200 EMA and 50 DMA is it possible that they may also meet fates similar to TATA STEEL which once it broke TOO FAR BELOW its 200 EMA in MARCH 2013 at 320 has now gone down to 200 levels and analysts are even talking of 175 levels .

    Once stocks break more than 25-30 % below their 200 EMA is it a signal for further continuous decline for a long time to come ?

    Kartik, replies: Hi S.BHUVANA, Yes, 200 DMA acts as strong support level, if a stock manages to break this support and continues to trade below it for 1-2 weeks time, some more downside can be expected in it

  6. Success Says:
    August 4th, 2013
    Posted at: 7:48 pm

    Hi cb karthik

    U advised fellow nseguide member for sbi magnum and HDFC top 200 for long term mf

    Which is best to invest whether growth or dividend option??

    Kartik, replies: Hi Success, Growth would be safer

  7. parthas Says:
    August 4th, 2013
    Posted at: 9:13 pm

    Sir, I have heard that from Aug market normally tends to move up, is it so? as of now it looks terribly weak though

    Kartik, replies: Hi parthas, not likely, but since we have dipped quite a lot in the psat few weeks, we are likely to see a small short covering rally ahead

  8. NARAYAN Says:
    August 4th, 2013
    Posted at: 9:13 pm

    HOW MUCH STILL DOWN SIDE IS THERE IN IFCI? PLZ ADVICE AT WHAT LEVEL MAKE AVG

    Kartik, replies: Hi NARAYAN, it faces strong support at 20 and then 15, lets wait ot see if it manages to hold either of these 2 levels

  9. rkb Says:
    August 4th, 2013
    Posted at: 9:26 pm

    dear cb/Kartik

    Please advice me what to do as I am holding iob at 71 and ubl at 787.

    Kartik, replies: Hi rkb, hold them for short/Mid term and avg them out on dips, they can do well

  10. NARAYAN Says:
    August 4th, 2013
    Posted at: 10:01 pm

    IF IT BROKEN SUPPORT LEVEL 20, , SHALL I EXIT ? AND RENTER@15 OR BELOW LEVEL?

    Kartik, replies: Hi NARAYAN, hold it, wait to see if it sustains its support for a cuple of days

  11. rkb Says:
    August 4th, 2013
    Posted at: 10:12 pm

    thanks for the reply. shall i avg both at current level

    Kartik, replies: Hi rkb, most ewlcome

  12. chida Says:
    August 4th, 2013
    Posted at: 10:19 pm

    can we enter lovable and jm financials at cmp?

    Kartik, replies: Hi chida, they are seeing profit booking, wait for some time

  13. SHARAD Says:
    August 4th, 2013
    Posted at: 10:24 pm

    CB I HAVE UNION BANK 200 @175,BHEL 50@181 YES BANK70@480 SO WHAT IS DOING NOW . IAM HOLDING FOR 2 MONTHS

    Kartik, replies: Hi SHARAD, continue to hold them, avg them out on dips

  14. PJ Says:
    August 4th, 2013
    Posted at: 10:24 pm

    SIR,

    CAN I BUY REI SIX TEN RETAIL LIMITED NOW @0.50. ANY IDEA ABOUT THIS STOCK SIR.

    Kartik, replies: Hi PJ, it looks weak bet fundamentally, would be better to exit from it

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Breakouts

+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

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