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  1. Kartik Says:
    August 15th, 2013
    Posted at: 9:37 am

    Hi S.BHUVANA, Yes, results look strong, seems may open higher around 188-190 lvls


  2. S.BHUVANA Says:
    August 15th, 2013
    Posted at: 9:38 am

    Sir ,

    Also IDEA and AUROBINDO have rallied vertically for several days at a strech . Can we short any of these ?

    or maybe PSU Banks ?

    Kartik, replies: Hi S.BHUVANA, can be risky to short stocks in uptrend, AUROBINDO can be shorted if it breaks 185, go long if it crosses 195 (its strong resistance)

  3. S.BHUVANA Says:
    August 15th, 2013
    Posted at: 9:54 am

    Sir ,

    Looks like Dr Reddy has topped out at 2400 . Do you agree if so is that also a shorting candidate on rallies to 2250 with target of 2050 ?

    Kartik, replies: Hi S.BHUVANA, can be risky to short stocks in uptrend, AUROBINDO can be shorted if it breaks 185, go long if it crosses 195 (its strong resistance)

  4. S.BHUVANA Says:
    August 15th, 2013
    Posted at: 10:06 am

    Sir ,

    By the way HAPPY INDEPENDENCE DAY ! Hope at least the NEXT independence day will bring some cheers on the face of Indian Investors if hopefully some cobbling of a respectable government is in place next year .

    However I must share with you that trading has become a rewarding experience already for me after I joined your columns . Earlier whatever I bought used to come down and whatever I shorted used to zoom up the next day .

    Now mercifully thanks to your precise and almost always correct advise I am more often on the right side of the trade .

    That in itself is some real FREEDOM .

    So once again HAPPY INDEPENDENCE DAY ...and GOD BLESS YOU FOR YOUR SELFLESS SERVICE ...!

    Kartik, replies: Hi S.BHUVANA, :) thanks for your kind comments, Happy Independence day to you too

  5. subrat Says:
    August 15th, 2013
    Posted at: 10:32 am

    happy independence day to u...

    ysterday the acting of rbi ..will be it good for bank stocks ??

    if no..will again albk back in business for again down to 50 after this consolidation ???

    Kartik, replies: Hi subrat, happy independence day, Markets may see some consolidation at current levels, 5700 acts as a intermediate support for Nifty

  6. murali Says:
    August 15th, 2013
    Posted at: 10:38 am

    hi cb sir & kartik sir,

    happy independence day

    your view on century Enka for short term please advice me

    thanks sir,

    Kartik, replies: Hi murali, faces strong resistance at 110, can be entered above that for short term

  7. ramsingh Says:
    August 15th, 2013
    Posted at: 11:18 am

    Hi Cb!
    What is the target price of A2Z Maintenance for medium term view.

    Kartik, replies: Hi ramsingh, it seems to be in a downtrend, avoid entries in it for now

  8. JAYESH Says:
    August 15th, 2013
    Posted at: 1:09 pm

    SIR,what is your view in bank nifty?can i short?i have short axis 1133.

    CB, replies: Hi JAYESH, dont go short on bank nifty yet. possible sees some more bounce from here. axis bank if possible hedge with a 1180ce

  9. sanku Says:
    August 15th, 2013
    Posted at: 1:21 pm

    Sir,
    Entry, target and SL for ABCIL tomorrow intraday ?
    Thanks

    CB, replies: Hi sanku, its rallied quite a bit in last couple of days. not sure of entering it tomorrow

  10. CHARI Says:
    August 15th, 2013
    Posted at: 1:33 pm

    Happy holiday 15th August CB Sir

    Shall i buy relience infra future tomorrow what is your stop loss.

    CB, replies: Hi CHARI, wish you the same. no, dont enter relinfra yet. has resistance near 362

  11. Aman Says:
    August 15th, 2013
    Posted at: 1:49 pm

    HI CB/ Kartik..
    Happy Independence Day..
    Pls suggest support n resistence levels for Biocon..

    CB, replies: Hi Aman, Happy Independence Day.. biocon has support at 335 levels. resistance near 360

  12. yogeshcpethkar Says:
    August 15th, 2013
    Posted at: 2:11 pm

    hello Kartik,

    i have a short at 61.25 of IBREALEST, for last 5 to 6 trading days its not manged to go beyond 63.50, do you think i will see lower level of 56/57 till expiry.
    charts are indicating that selling will resume in coming days and it is wrongly accumlated above 60 by small investors.
    and HAPPY INDEPENDENCE DAY to you and CB as well

    yogesh

    CB, replies: Hi yogeshcpethkar, Happy Independence Day.. yes, hold with sl at 63.50 for now. if manages to cross it, can see 65.50

  13. ramsingh Says:
    August 15th, 2013
    Posted at: 2:28 pm

    Hi Cb!
    What is the Friday and Next week Market range.

    CB, replies: Hi ramsingh, nifty has resistance at 5780 levels.

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