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antara Says:
October 28th, 2013
Posted at: 2:52 pm
Do you feel if reunka closes 25+ today then it may head to 30+ on expiry
Kartik, replies: Hi antara, its rallied quite a lot lately, may take a pause around 25 lvls for a while
Kartik Says:
October 28th, 2013
Posted at: 2:54 pm
Hi antara, its rallied quite a lot lately, may take a pause around 25 lvls for a while
S BHUVANA Says:
October 28th, 2013
Posted at: 3:02 pm
Sir ,
Why is it that you answer some queries while you skip some others...are there any verities of question that you are not supposed to answer ?
I am asking this since my query on TATA STEEL posted repeatedly has been skipped by you all the time ...
Kartik, replies: Hi S BHUVANA, I didn't happen to be online, dont enter Tata steel yet, its seeing some profit booking, wait for some time
jesal raval Says:
October 28th, 2013
Posted at: 3:14 pm
sir goodafternoon ,
well hows KPR Mill will it touch 250+ like it did in nov 2010
guide on exide ind worth entering or wait any lvls
mt educare
motilal oswal finance
indiabull realty
cosmo films
Kartik, replies: Hi jesal raval, K P R Mill has already rallied quite a lot, avoid entering it now, the mentioned stocks looks weak, avoid them for now
pooja1981 Says:
October 28th, 2013
Posted at: 3:20 pm
Kartik,
do i short Nov fut to hedge PNB long?
where is the next support for PNB now?
Kartik, replies: Hi pooja1981, faces next support a 460
rajaram verma Says:
October 28th, 2013
Posted at: 3:44 pm
hi i bought godrej properties @ 377. please suggest hold it or exit?
Kartik, replies: Hi rajaram verma, it looks weak, would be better to exit from it
Balaji Says:
October 28th, 2013
Posted at: 4:08 pm
Sir,
now that nifty has been hovering around 6100. on the view of RBI policy how will nifty behave. also we are nearing expiry. so can we see 6000 tomorrow?
Kartik, replies: Hi Balaji, more depends on the outcome of the meet, also the next strong support for Nifty at 6080, if broken, can see lower levels ahead
jesal raval Says:
October 28th, 2013
Posted at: 4:16 pm
is profit to be booked in kpr or its a hold
Kartik, replies: Hi jesal raval, keep a trailing SL at 152 and hold it for few days
S BHUVANA Says:
October 28th, 2013
Posted at: 4:50 pm
Sir ,
But in the morning when I asked you if we go long in TATA STEEL at CMP ( THEN 320 ) or near supports at 310 - 315 you had said enter at CMP ...and thats why I went long at 323 though mercifully in very small quantity..
Your change of stance ...is it due to the action we have seen in the martket today ...or is our thinking that the DIP in TATA STEEL is a BUYING OPPORTUNITY was a wrong judgement ....Not that I blame you....Markets can prove the best of experts wrong...
So do we DROP the idea of a LONG in TATA STEEL altogether OR is it that it all now is to be decided AFTER the RBI policy...
Kartik, replies: Hi S BHUVANA, it faced some support at 315-320 lvls and hence so, since you've entered it, hold it with a SL at 308 (cash)
SP Says:
October 28th, 2013
Posted at: 4:51 pm
I BOUGHT NIFTY 6000 PUT @ 100 NOW 18 KINDLY SUGGEST SIR HOLD TILL EXPIRY OR EXIT
Kartik, replies: Hi SP, hold the PE with a SL at 6250 (cash), strong support at 6080, if broken, can see lower levels ahead
S BHUVANA Says:
October 28th, 2013
Posted at: 4:58 pm
Sir ,
Your response to the query of pooja 1981...Doesn't PNB have supports in between at 478 and also at 466...460 seems too scary ...!
I was planning to go LONG in PNB and SBI in CASH if the market reaction to RBI was negative....and planning to BUY PNB at around 466 tomorrow ....
Isnt it advisable ?
Kartik, replies: Hi S BHUVANA, it faced some support at 315-320 lvls and hence so, since you've entered it, hold it with a SL at 308 (cash)
venkat Says:
October 28th, 2013
Posted at: 5:25 pm
Sir what is the support and resistance for Ashokleyland
Kartik, replies: Hi venkat, faces resistance at 17.5 for now, support around 16
debushi Says:
October 28th, 2013
Posted at: 5:38 pm
Dear Sir,
Please say about Ambuja Cement future. would it move up tomorrow ?
Kartik, replies: Hi debushi, Yes, 190 acted as its strong support, it can give a bounce from its support tomorrow, upto 195
bd Says:
October 28th, 2013
Posted at: 5:42 pm
sir good evening, please advice on sesa sterlite.thanks
Kartik, replies: Hi bd, GE, its a hold with a SL at 188 (cash) for few days