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  1. 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)

  2. Kartik Says:
    October 28th, 2013
    Posted at: 5:00 pm

    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

    Hi jesal raval, keep a trailing SL at 152 and hold it for few days

    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)

    Hi SP, hold the PE with a SL at 6250 (cash), strong support at 6080, if broken, can see lower levels ahead


  3. 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

  4. 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

  5. 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

  6. SB Says:
    October 28th, 2013
    Posted at: 5:49 pm

    HI CB,bought CIPLA@446,what should i do now?

    Kartik, replies: Hi SB, if possible hold it for short/mid term, its a good bet for investment

  7. MURALI Says:
    October 28th, 2013
    Posted at: 6:08 pm

    hi sir,

    your view on bf utilities

    Kartik, replies: Hi MURALI, BF Util. may open higher around 238 tomorrow, avoid entring it on rise, has rallied quite a lot lately. Dabur looks good for short term with a SL at 168 for a target of upto 185

  8. MURALI Says:
    October 28th, 2013
    Posted at: 6:15 pm

    and dabur

    Kartik, replies: Hi MURALI, BF Util. may open higher around 238 tomorrow, avoid entring it on rise, has rallied quite a lot lately. Dabur looks good for short term with a SL at 168 for a target of upto 185

  9. S BHUVANA Says:
    October 28th, 2013
    Posted at: 6:29 pm

    Sir ,

    My query below and your response are not related at all sir ...!

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

    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)
    -----------------------------------------------------

    Kartik, replies: Hi S BHUVANA, my reply happened to be right after you query and hence the same answer was applied to both of your queries, can be a risky to enter banking stocks for now, would be safe to avoid them for a couple of days. Yes 460 has a triple bottom for PNB, its strong support

  10. Sachin Says:
    October 28th, 2013
    Posted at: 6:31 pm

    Sir i am holding INFY call of 3300 and 3350 @ 50 and 55, please advice target and whether to hold or exit?

    Kartik, replies: Hi Sachin, hold them with a SL at 3280 for few days, markets do look strong above 6080 adn seems could add some more gains ahead

  11. sanjeev Says:
    October 28th, 2013
    Posted at: 6:49 pm

    Hi CB, good evening,
    I have entered in MCX at 515 and since then it is falling. How much below it can go?

    Kartik, replies: Hi sanjeev, GE, its been quite volatile lately, would be better to exit 50% from it, its been in a downtrend for quite a long time now

  12. badsha Says:
    October 28th, 2013
    Posted at: 7:30 pm

    Hai sir
    What abt tomorrow market .it will open - r +

    Kartik, replies: Hi badsha, seems may trade flat, support at 6080

  13. rissan Says:
    October 28th, 2013
    Posted at: 7:44 pm

    Hi Karthik, Am holding a few shares each of Reliance, BOB and Tatacoffee which are at breakeven after holding them for over 3 months. Was told that markets would be positive till deepavali.Thought would wait for them to improve a bit. But unfortunately all hv gone down today.. Is this the signs of weakness. If so, Do I exit at cost . I need to take some money out for some purpose and probably cannot wait beyond deepavali. Hence let me know your opinion if these could go up further or would come down for me to take a call tomorrow.

    Kartik, replies: Hi rissan, we still do look strong overall, above 6080, lets wait to see the outcome of the RBI meet tomorrow, hold your longs for a couple of weeks more

  14. 1yr Horizon Says:
    October 28th, 2013
    Posted at: 8:12 pm

    Hi,
    suggest levels to enter in hcl, wipro and renuka. how much upside could be expected ?

    thnx for all d earlier queries today.

    Kartik, replies: Hi 1yr Horizon, at current levels, only HCL Technologies looks strong, can be entered with a SL at 1020 for a target of upto 1200 in the Short term, avoid the rest for now, they could see some profit booking ahead

  15. raga Says:
    October 28th, 2013
    Posted at: 8:18 pm

    can i short Jp associates and Future retail or go long on titan. Please give target and stoploss

    Kartik, replies: Hi raga, JP can be shorted for a few days, it looks weak overall

  16. Sachin Says:
    October 28th, 2013
    Posted at: 8:29 pm

    Sir i am holding INFY call of 3300 and 3350 @ 50 and 55, please advice target and whether to hold or exit?

    Kartik, replies: Hi Sachin, hold them with a SL at 3280 for few days, markets do look strong above 6080 adn seems could add some more gains ahead

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