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V V SUNDARAM Says:
January 6th, 2015
Posted at: 4:25 pm
Hi Mr CB
yesterday night I wrote to you saying Americans are stupid that Dow goes up 200 points up or down every day and never 50 - 75 points up or down ,
And hey presto ! Sensex is down 854 points in a single day !!! Whoa ....!
This thing is becoming a madman's game sir !
There is not point in talking about a support or a resitance . What is a support or a resistance if you fall 900 points in a day ?
lets not blame the Americans and dow . We Indians are even more crazy !!
some Ride this !
CB, replies: Hi V V SUNDARAM, yes. seems like much awaited profit booking kicking in. if global markets remain flat/ weak, can take nifty lower to 7900 in near term
Imran Khan Says:
January 6th, 2015
Posted at: 4:28 pm
hi CB,
i have option of switching this amount to different funds from below.
please suggest which is safe now.
Equity II Fund
Growth II Fund
Balanced II Fund
Debt Fund
Liquid Fund
CB, replies: Hi Imran Khan, go with growth fund on dips
CB Says:
January 6th, 2015
Posted at: 5:34 pm
Hi Imran Khan, go with growth fund on dips
Hi V V SUNDARAM, yes. seems like much awaited profit booking kicking in. if global markets remain flat/ weak, can take nifty lower to 7900 in near term
Hi kasi, its a hold for short term. can test 195-197 levels.
Hi msmac, exit from 1 of these for now and short in feb series to hedge
Hi parur, it can test 55 in near term
Hi ANN, no worries. lets hold for some more time. if infy results are up to the mark, can see a bounce in IT stocks.
Raj Says:
January 6th, 2015
Posted at: 5:35 pm
Hi cb
Any chance of jain irrigation to recover and what is the target for tomorrow ?
Thank you
CB, replies: Hi Raj, as of now seems may open flat. hold with sl at 64 for now. has good support here.
mahi Says:
January 6th, 2015
Posted at: 5:51 pm
Hi cb, what is the one year tgt. of lotus eye care
Kartik, replies: Hi mahi, can test 18-20 levels.
murali Says:
January 6th, 2015
Posted at: 6:04 pm
hi cb sir,
nifty best support 8050
Kartik, replies: Hi murali, yes
Imran Khan Says:
January 6th, 2015
Posted at: 6:07 pm
Hi CB, Thanks for Advise.
Kartik, replies: Hi Imran Khan, most welcome
deepa Says:
January 6th, 2015
Posted at: 6:16 pm
Dear sir can you please advise nifty support and resistance tomorrow
Kartik, replies: Hi deepa, has support at 8050 levels. resistance at 8210. bhel has good support at 250 levels. can test it once it seems
S BHUVANA Says:
January 6th, 2015
Posted at: 6:16 pm
Sir
Is the rally in PSU banks finished ? Only yesterday we were debating whether to buy Bank of india or Canara bank ? And look at their fate today !
Thanks...
Kartik, replies: Hi S BHUVANA, yes. best to wait for now. banks are still looking quite stretched
deepa Says:
January 6th, 2015
Posted at: 6:17 pm
Dear sir can you please advise bhel status
Kartik, replies: Hi deepa, has support at 8050 levels. resistance at 8210. bhel has good support at 250 levels. can test it once it seems
VD Says:
January 6th, 2015
Posted at: 7:02 pm
Hi sir
Is it safe to enter in PNB and SBI at current levels.
Kartik, replies: Hi VD, no, dont enter these yet
ragu Says:
January 6th, 2015
Posted at: 7:13 pm
hi sir.. which is the best stock to buy on dips...
Kartik, replies: Hi ragu, can add ril, bharti aritel, bhel and jindal steel on dips
bhomay Says:
January 6th, 2015
Posted at: 7:13 pm
SIR, Still hexaware is hold ?
Kartik, replies: Hi bhomay, yes,shall look to add more once markets stop falling and form a base. also depends on how infy results shape up
MRP Says:
January 6th, 2015
Posted at: 7:57 pm
tomorrow market view
thanks
Kartik, replies: Hi MRP, seems may open a bit lower