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  1. CB Says:
    August 23rd, 2013
    Posted at: 6:00 pm

    Hi Pankaj, it does have strong resistance at 9600-9700 levels. its a hold for now. if possible hedge with a 5500ce

    Hi Name (required), it has strong resistance at 105 levels. if manages to close above it, can head higher.


  2. Name (required) Says:
    August 23rd, 2013
    Posted at: 6:03 pm

    hindalco closed at 103.8 ? and i had 97.5PE can i expect some profit on monday from this
    ?

    Kartik, replies: Hi Name (required), hold it with a tight SL at 105 (cash) for a couple of days

  3. dammamguy Says:
    August 23rd, 2013
    Posted at: 6:09 pm

    Shorted hindalco at 96 level

    Pl advice

    Kartik, replies: Hi dammamguy, hold the short with a tight Sl at 105 (strong resistance)

  4. Name (required) Says:
    August 23rd, 2013
    Posted at: 6:15 pm

    Even me too had 97PE of hindalco

    Kartik, replies: Hi Name (required), hold it with a tight SL at 105 (cash) for a couple of days

  5. bhat85 Says:
    August 23rd, 2013
    Posted at: 6:37 pm

    Has market started recovering or the rally is just short term?

    Kartik, replies: Hi bhat85, seeing short covering, the downside is likely to continue ahead

  6. APPU Says:
    August 23rd, 2013
    Posted at: 7:24 pm

    hi,
    i hold 5600 ce can i hold or exit.

    thanks

    Kartik, replies: Hi APPU, book on Monday, around 5480

  7. DK Says:
    August 23rd, 2013
    Posted at: 7:27 pm

    Can I enter SBI at CMP or wait for <1500 (1480-1450)?

    Kartik, replies: Hi DK, would be better to wait for some more time

  8. RKM Says:
    August 23rd, 2013
    Posted at: 8:17 pm

    Can short Ranbaxy & DLF on monday ? What level can (Downside) see monday?

    Kartik, replies: Hi RKM, DLF can be shorted for a targe of 130, it looks weak overall, keep a SL at 144

  9. Kavya Says:
    August 23rd, 2013
    Posted at: 8:39 pm

    hi cb, I have 300 pe of itc at 6 .now its 3.5.would I be able to recover my loss within this expiry.

    Kartik, replies: Hi Kavya, hold it with a Sl at 314, its seeing a bounce with the markets, overall it looks weak and seems some more downside can come in ahead

  10. rana Says:
    August 23rd, 2013
    Posted at: 8:49 pm

    Hi Karthik ,

    I have AUG 5200 PE at 17 and AUG 5600 CE at 11 ...what will be my strategy next week ?

    Kartik, replies: Hi rana, try to book from the CE in the next 2-3 days time, hold the PE for a couple of days mroe

  11. Ravichandran Says:
    August 23rd, 2013
    Posted at: 8:53 pm

    Hi Cb can enter 5200 PE sep on monday....whats your view....? thanks....

    Kartik, replies: Hi Ravichandran, can be entered with a SL at 5520 for a couple of days

  12. rkb Says:
    August 23rd, 2013
    Posted at: 9:13 pm

    gud evening sir

    can i enter tata steel and hanung toys at the current rate.

    Kartik, replies: Hi rkb, GE, Tata steel can be entered with a SL at 260 for Short term, for a target of 320

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