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  1. chandra shekhar Says:
    October 25th, 2014
    Posted at: 7:42 am

    gm,cb,how much can corrections affect stocks which are already oversold and showing early signs of reversal?because,most of the time people fearing corrections leave the train.please tell keeping short term view how to take the ride

    CB, replies: Hi chandra shekhar, best to add in small quantities at support levels.

  2. AMBI Says:
    October 25th, 2014
    Posted at: 8:42 am

    Hello Mr CB / Mr kartik

    Dow has notched up two strong days of triple digit gains in the last 2 days ( 200 + on Thursday and 127 + on Friday ) .

    Dow has reclaimed more than 72 % of the recent fall from 17279 to 15800 .

    Do these facts make you re-think your bearish view of a " post - diwali-sell off " or do you still stick to it .

    And if you still remain bearish than I think it is time you must tell us traders why are you bearish . Do you have information about some big fund house ready with sell orders ?

    CB, replies: Hi AMBI, no news as such. technically markets look stretched.. profit booking is likely to come in sooner or later. difficult to predict the exact time frame for it

  3. V V SUNDARAM Says:
    October 25th, 2014
    Posted at: 9:07 am

    Hi Mr CB

    I asked for BUY level , not sell level of Axis Bank !

    ***********************************************************

    Hi Mr CB

    At what level of correction can one enter Axis Bank after the recent run up following good results ( Assuming markets remain positive for a week or two )

    CB, replies: Hi V V SUNDARAM, possibly near 440

    CB, replies: Hi V V SUNDARAM, Its a good buy on dips near 390

  4. AMBI Says:
    October 25th, 2014
    Posted at: 9:48 am

    Hello Mr CB / Mr kartik

    Has Axis Bank seen a " break -out " on the upside on the weekly charts ?

    CB, replies: Hi AMBI, no news as such. technically markets look stretched.. profit booking is likely to come in sooner or later. difficult to predict the exact time frame for it

  5. CB Says:
    October 25th, 2014
    Posted at: 9:53 am

    Hi V V SUNDARAM, Its a good buy on dips near 390

    Hi mahesh babu, yes, hopefully see some profit booking soon

    Hi AMBI, no news as such. technically markets look stretched.. profit booking is likely to come in sooner or later. difficult to predict the exact time frame for it

    Hi chandra shekhar, best to add in small quantities at support levels.

    Hi msmac, no, not sure of entering it yet

    Hi K, Good evening. can add tcs and infy in small quantity for short term


  6. sp Says:
    October 25th, 2014
    Posted at: 11:01 am

    GM Sir, Monday Nifty Level

    Kartik, replies: Hi sp, Good evening, we are likely to trade flat on Monday

  7. Anjaneyulu Says:
    October 25th, 2014
    Posted at: 11:07 am

    Hi CB / Karthik,

    Please give your views on the following for investment (6months):

    1) GATI
    2) FEDERAL BANK
    3) ASHOKLEY

    Thanks

    Kartik, replies: Hi Anjaneyulu, they seem to be giving a breakout, Gati above 190, Ashok above 45, Federal Bank above 140, they can add some more gains ahead

  8. Manjula Says:
    October 25th, 2014
    Posted at: 12:45 pm

    Hi CB,
    BANKNIFTY in near topside channel as per monthly chart. Shall i do short here with the recent high, if then what could be the sl and tgt?

    Kartik, replies: Hi Manjula, avoid going short on it, faces strong supprt at 16250

  9. abhi Says:
    October 25th, 2014
    Posted at: 1:16 pm

    Whatz ur view on vipind and motilap oswal for the coming week.m stuck at higher lvls in both

    Kartik, replies: Hi abhi, continue holding them for another 2-3 weeks time, they can do well ahead

  10. bharath Says:
    October 25th, 2014
    Posted at: 1:27 pm

    Sir,
    Holding wipro pe. What level wwipr can see before expiry?

    Kartik, replies: Hi bharath, it faces strong support at 550,below which can dip futher down to 252, hold it with a SL at 568 for few more days (cash lvls)

  11. S BHUVANA Says:
    October 25th, 2014
    Posted at: 1:39 pm

    Sir

    Since you are so bearish on the markts in November I plan to buy a portfolio of November Nifty Puts . Pl tell me which of the following will be the best :

    1) Buy Nov 7900 puts on Monday and add same or other puts gradually Tuesday / Wednesday and thursday

    2) Buy Nifty puts only after Nov 1

    3) Buy Nifty puts only after Nifty spot closes below 7950 .

    Thanks...

    Kartik, replies: Hi S BHUVANA, a 7900 PE can be entered with a SL at 8080 (cash)

  12. fadil Says:
    October 25th, 2014
    Posted at: 2:29 pm

    CB
    inhotel test level on monday

    Kartik, replies: Hi fadil, 100 acts as its strong support, if it sustains above 100 for another 2-3 days, can see around 115 in 1-2 weeks

  13. jai Says:
    October 25th, 2014
    Posted at: 3:39 pm

    sir,
    holding wipro short. what level it can see before expiry?

    Kartik, replies: Hi jai, it faces strong support at 550,below which can dip futher down to 252, hold it with a SL at 568 for few more days (cash lvls)

  14. Raju Says:
    October 25th, 2014
    Posted at: 4:28 pm

    Hi cb, can we short jsw steel on Monday. Wats your view

    Kartik, replies: Hi Raju, above 1190 it looks strong, dont go short on it yet

  15. blue_hat9 Says:
    October 25th, 2014
    Posted at: 5:18 pm

    Hi, I am planning to short in Ranbaxy and SunPharma. What are best level to take short position and what are support level where I can book profit.

    CB, replies: Hi blue_hat9, no, dont go short on these yet. technically are in an uptrend

  16. merlin Says:
    October 25th, 2014
    Posted at: 5:20 pm

    good evening sir
    i have dhanalaksmi1500@40 southindian bank3500 @23 from 2012...is it advisable to hold ....tell me the target pls


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