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  1. priya Says:
    October 12th, 2013
    Posted at: 4:43 pm

    kartik,

    booked profit in srei infra bought @ 18 and sold @ 20.. once again bought srei infra @ 19.80 as it is closing above 30&50 DMA for the past 2-3 days. any target from ur technical perspective to book profits or can i hold for sometime? thanks

    CB, replies: Hi priya, mice to hear that. its a hold for now. keep sl near 19. can tst 21 in near term.

  2. CB Says:
    October 12th, 2013
    Posted at: 6:02 pm

    Hi Yogendra Pratap Singh, technically has good support at 8 levels. if manages to hold onto it, can head upto 10 in near term. its a hold for now. dont add more yet

    Hi sarath, lets see how markets react. global markets did close strong. sgx nifty suggests a flat opening

    Hi priya, mice to hear that. its a hold for now. keep sl near 19. can tst 21 in near term.


  3. care Says:
    October 12th, 2013
    Posted at: 6:24 pm

    Hi CB, HAPPY DURGA PUJA to all.Enjoy the festivities!!

    CB, replies: Hi care, GE, thanks, same to you

  4. naveen Says:
    October 12th, 2013
    Posted at: 6:47 pm

    What is the ASHOK LEYLAND coming week target

    CB, replies: Hi naveen, it can give a bounce upto 17.5

  5. sonu Says:
    October 12th, 2013
    Posted at: 7:57 pm

    Sir I want to invest 4 Lacs in Reliance Banking Mutual Fund with expectation of 10% gain in 3 months . Can I do this investment in next week . Please advice .

    CB, replies: Hi sonu, would be better to invest 50% in it for now as Markets have been quite volatile lately

  6. S Says:
    October 12th, 2013
    Posted at: 8:00 pm

    Hi CB/Kartik,
    Wht is ur view on Indusindbank?
    I hav SHORTS @ 414,do u thnk
    it can come dwn,if yes how much?
    Or it will go up?


    thx.

    CB, replies: Hi S, it can see some profit booking, hold the short with a SL at 440 (strong reistsnce) for few days

  7. bd Says:
    October 12th, 2013
    Posted at: 8:10 pm

    good evening sir,i have hindalco 115 pe at 3.10,what to do now?

    CB, replies: Hi bd, hold it with a SL at 118 for few days

  8. igain Says:
    October 12th, 2013
    Posted at: 9:29 pm

    hi cb, what's the impact of iip data on nifty.. looks sgx nifty is trading flat or +ve ..

    CB, replies: Hi igain, yes, iip data is below expectations. possible opens a bit lower. rising oi with stock price falling, indicates it should not be entered as of now. can get details at the bottom of this post: http://nseguide.com/what-is-open-interest/

  9. igain Says:
    October 12th, 2013
    Posted at: 9:54 pm

    if nifty puts OI increasing means Market is strong? or otherway?

    CB, replies: Hi igain, yes, iip data is below expectations. possible opens a bit lower. rising oi with stock price falling, indicates it should not be entered as of now. can get details at the bottom of this post: http://nseguide.com/what-is-open-interest/

  10. mohan Says:
    October 12th, 2013
    Posted at: 10:02 pm

    sir ihave hindalco @120 , ktk bank @ 114 andsesagoa @ 185 pls advice me. wish u a happy vijayadashami.

    CB, replies: Hi mohan, Wish you the same.. Happy Vijayadashami. These are a hold for short term. likely to move higher from here.

  11. Suresh Says:
    October 12th, 2013
    Posted at: 10:11 pm

    Sir/Madam, I'm holding Voltas Ltd, bought at Rs 85.10 X 3000 shares. Need to exit/book profits in short term. Pls advise. Thanks, Suresh

    CB, replies: Hi Suresh, its a hold for now. above resistance of 86, can test 93.

  12. ramsingh Says:
    October 12th, 2013
    Posted at: 10:48 pm

    Hi Cb!
    Can i expect from Rs.3.20 level from Morepen Lab price is bounce back, i purchased at rs.3.55 level on friday.

    Kartik, replies: Hi ramsingh, yes, it should give a bounce in the next few days

  13. S BHUVANA Says:
    October 12th, 2013
    Posted at: 10:57 pm

    Sir ,

    My query below posted last night not replied by you ...
    --------------------------------------------------------------------
    Sir ,

    The hammer that was formed in NIFTY EOD charts on Friday ..can it be said that it's a BEARISH HAMMER for sure or does it need some other or some further confirmation ?

    Thanks..

    ----------------------------------------------------------------------

    Kartik, replies: Hi S BHUVANA, as long as above 6050 it does look positive, seems may consolidate around 6050-6100 lvls for a while

  14. VJ Says:
    October 13th, 2013
    Posted at: 1:35 am

    Hi CB , Karthik,
    Can i enter Techm or HCL on Monday for intraday ?
    Pl suggest with SL and target.

    Thanks,
    VJ

    Kartik, replies: Hi VJ, they look overbought, dont enter them now

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