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jyothi Says:
June 6th, 2014
Posted at: 11:41 pm
sir
plz advise me the support and resistence for suzlon
CB, replies: Hi jyothi, it has support at 26. not sure of entering it now.
CB Says:
June 7th, 2014
Posted at: 12:10 am
Hi NARAYAN, no, not sure of entering it
Hi Dr.SJ Singh, does look good. dont enter at cmp. wait for lower levels of 33
Hi kodees, no, dont enter these yet. look weak
Hi Uttam, it can head upto 940 in coming days
Hi P K, no, not sure of entering it now
Hi Hindhu shree, yes, its a hold till next week. can test 42
Hi Jj, seems like an operator driven stock. best to exit on any bounce
Hi sanku, exit on rise on Monday or Tuesday. ITC looks weak. exit for now
Hi nagaraja K G, can enter it on dips near 325
Hi jyothi, it has support at 26. not sure of entering it now.
AMBI Says:
June 7th, 2014
Posted at: 7:28 am
Hello Mr CB
You have generally been bearish on the markets last week but the markets have defied many sceptic Indians and surged ahead .
While those who shorted must be ruing their luck to your credit you have generally advised against shorting .
But you have been correct in predicting a " Dont buy " to Bank of India / Canara Bank saying BOI has resistance at 330 . Can you explain how you arrived at this resistance ? And is it likely to be broken or not ?
CB, replies: Hi AMBI, have not really been bearish but asking to wait for a correction will will come in sooner or later. corrections after such rallies tend to beat down stocks by 15-20% in 1-2 days. its better to enter on dips rather than making fresh investments at all time highs.
sanku Says:
June 7th, 2014
Posted at: 8:17 am
Sir
GM
Do u think market will b down from Monday ?
In earlier query you are optimistic about reliance to touch 1140. What ur view now as it touched 1133 yesterday.
Thanks
CB, replies: Hi sanku, seems may open 15-20 points higher. it has resistance at 1140 levels. a close above this can take it higher to 1180
PRABHU Says:
June 7th, 2014
Posted at: 8:42 am
Can I add some of Idea cellular? What are the short term targets
CB, replies: Hi PRABHU, can add in small quantity above resistance of 142
Nikhil Says:
June 7th, 2014
Posted at: 8:50 am
Hello Sir,
what can be target for federal bank on monday
kindly advise
CB, replies: Hi Nikhil, can test 128.5
kumar Says:
June 7th, 2014
Posted at: 9:26 am
YOU VIEW ON CITY UNION BANK
CB, replies: Hi kumar, its rallied quite a bit. dont enter it now. has some resistance near 74
AMBI Says:
June 7th, 2014
Posted at: 9:33 am
Sir ,
I have missed out on the rally in most of the stocks . Been waiting for dip / correction which just refuses to happen .
Since Power stocks are on the move can I BUY a MID CAP stock like BGR ENERGY and HOLD for a MEDIUM TERM TARGET of 290 - 300 ? or any other you can suggest ?
Thanks..
CB, replies: Hi AMBI, yes. for now its best to enter midcap stocks that have not rallied much yet. can add some of Ajanta phama and Religare ent. BGR is a hold. looks good.
V V SUNDARAM Says:
June 7th, 2014
Posted at: 9:52 am
Hi Mr CB
view on Auro Pharma ? Will Pharma stocks be back in favour as Banks correct ?
CB, replies: Hi V V SUNDARAM, Yes, likely to. it can head upto 680 in coming days
Raja Says:
June 7th, 2014
Posted at: 9:54 am
Sir what is target for canbk and religare for next week? holding canbk @ 444 and religare @ 368
CB, replies: Hi Raja, canbank can test 480. religare around 385