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  1. s. roy Says:
    April 1st, 2015
    Posted at: 3:48 pm

    technical view of axis bank. is there any rate cut.

    CB, replies: Hi s. roy, cannot be sure of a rate cut yet. technically above 573 can test 590. tata motors has resistance at 572. dont enter yet

  2. ANN Says:
    April 1st, 2015
    Posted at: 3:59 pm

    cb sir,

    I bought 40 Ranbaxy. Record date for merger has been fixed at 7 april. Will all Ranbaxy holders will get the proportionate stake in sunpharma?

    CB, replies: Hi ANN, best to exit it on 6th April. not sure of the ratio yet

  3. Anjaneyulu Says:
    April 1st, 2015
    Posted at: 4:07 pm

    Sir,

    when merger takes place what will happen to options... will it be live on prorata basis...

    please clarify...

    thanks

    CB, replies: Hi Anjaneyulu, guess its due to the de-listing on 7th april. Not sure how the merger will take place

  4. CB Says:
    April 1st, 2015
    Posted at: 4:07 pm

    Hi ANN, best to exit it on 6th April. not sure of the ratio yet

    Hi s. roy, cannot be sure of a rate cut yet. technically above 573 can test 590. tata motors has resistance at 572. dont enter yet

    Hi sheela, it cna test 170-173 in coming days. hold it

    Hi Anjaneyulu, guess its due to the de-listing on 7th april. Not sure how the merger will take place

    Hi narayana, can test 865


  5. pooja1981 Says:
    April 1st, 2015
    Posted at: 4:19 pm

    Dear CB,

    Can you please tell me one thing about technicals. For Ex. ICICI broke support of 320-322 and stayed below that for 3-4 days. also it was below 200DMA. How do we make sure that It will test lower levels? Like it has again closed at 323. Does that mean correction is over or it is a false recovery and once ICICI has broken 320 after long time it is bound to go lower say 290-305???

    CB, replies: Hi pooja1981, :) we cannot really be sure. in this case would have held the short with sl near 322

  6. Anjaneyulu Says:
    April 1st, 2015
    Posted at: 4:22 pm

    Thank you sir,,,

    I have only one lot of 860CE worth Rs.300/-. let me see what will happen on Monday..

    SUNPHARMA, RANBAXY merger is @ every 10 Ranbaxy shares will get 8 shares of sunpharma.


    thank you once again for reply.

    CB, replies: Hi Anjaneyulu, ok. lets hope for the best. I assume it will adjust accordingly

  7. Nagaraja Says:
    April 1st, 2015
    Posted at: 5:28 pm

    Sir
    siemens monday your view pl .

    CB, replies: Hi Nagaraja, has resistance at 1425. can test it once

  8. Nagaraja Says:
    April 1st, 2015
    Posted at: 5:30 pm

    Sir
    siemens monday and near target your view pl .

    CB, replies: Hi Nagaraja, has resistance at 1425. can test it once

  9. AMBI Says:
    April 1st, 2015
    Posted at: 5:57 pm

    Brother !

    Markets always rebound when everyone starts asking what to short and what level to short !

    Remember in future also . This is an almost sure sign of a near term bottom . i.e. Everyone asking what to short !

    But brother dont be fooled by this rally . If RBI disappoints on Tuesday then the markets can again come crashing down from 8600 / 8650 levels and this time will go down to 8200 - 8100 or even Break 8000 !

    Till then play only for intraday Rally .

    CB, replies: Hi AMBI, yes, very true..

  10. kanu Says:
    April 1st, 2015
    Posted at: 6:11 pm

    Sir can I buy tata elexi on Monday..

    CB, replies: Hi kanu, can add in small quantity for now.

  11. NAYAN BHAI Says:
    April 1st, 2015
    Posted at: 6:12 pm

    SIR,
    WHAT ABOUT ALOK IND. IS THIS GOOD FOR LONG TERM>? IF , YES THAN WHT TGT SHD I EXPCT IN YEARLY BASE


    THANKS

    CB, replies: Hi NAYAN BHAI, Sorry. Please dont take it to heart. .your comment was in the unapproved section. just approved it. Alok ind is in a downtrend. can fall further. avoid it.

  12. SR Says:
    April 1st, 2015
    Posted at: 6:27 pm

    DEAR SIR,
    SHOULD I HOLD FINOLEX CABLE BUY@294(500 SHARE) OR EXIT

    SHOULD I HOLD MCL BUY @256(375 SHARE) OR EXIT

    CB, replies: Hi SR, mcl can test 255 in coming days. sl near 230. finolex cable can test 300. these are a hold for now

  13. SR Says:
    April 1st, 2015
    Posted at: 6:29 pm

    DEAR SIR,
    PLEASE GIVE TARGET(RESISTANCE) AND STOP LOSS FOR MCL AND FINOLEX CABLE

    CB, replies: Hi SR, mcl can test 255 in coming days. sl near 230. finolex cable can test 300. these are a hold for now

  14. pooja1981 Says:
    April 1st, 2015
    Posted at: 7:04 pm

    So, as ICICI has closed above 322. Do i exit the 310 PE or else i buy a ICICI FUT for quick 8-10 Rs. gain?

    CB, replies: Hi pooja1981, if on Monday it trades above 323 for few min, can exit pe and enter a fut

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