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  1. rocky Says:
    May 7th, 2015
    Posted at: 3:20 pm

    Hi CB how about ITC for 340

    CB, replies: Hi rocky, looks weak. best to wait.

  2. CB Says:
    May 7th, 2015
    Posted at: 3:20 pm

    Hi subrat, yes, will recover. hold for now

    Hi rocky, looks weak. best to wait.


  3. pooja1981 Says:
    May 7th, 2015
    Posted at: 3:26 pm

    CB,

    Whats your Positional target for nifty here, You read the charts better than anyone ....please just share your views??? 7700 or 8300 in near term?

    CB, replies: Hi pooja1981, if holds onto 8000 levels (closing basis), can bounce back ,else can test 7800

  4. Zaheer Says:
    May 7th, 2015
    Posted at: 3:31 pm

    Hello cb
    Can u please Tell me target for idea and rec for tomorrow? Will it go down or up? I have 190Ce of idea and 320CE for rec...sshould I sell it tomorrow or wait for 2-3 days

    CB, replies: Hi Zaheer, as of now seems may open a bit flat. lets see how US markets close tonight

  5. KM Says:
    May 7th, 2015
    Posted at: 4:22 pm

    Sir,
    IDFC closed below 200 DMA today. what level expect tomorrow in downside and upside? Pl. suggest

    CB, replies: Hi KM, can test 152 if markets remain weak

  6. ankit Says:
    May 7th, 2015
    Posted at: 5:14 pm

    What happens to shareholders when a company winds up operations by taking permission from legal authorities . Do yhey get something .

    CB, replies: Hi ankit, no, we do not get anything.

  7. arnav Says:
    May 7th, 2015
    Posted at: 6:17 pm

    CB sir,

    purchased on lot cairn @ 267 for may series.

    kindly suggest

    CB, replies: Hi arnav, would advice to exit from cairn for now. does look a bit weak. can look to add again on dips. arvind also exit on a small bounce

  8. arnav Says:
    May 7th, 2015
    Posted at: 6:44 pm

    CB sir,

    purchased on lot PFC @ 267 for may series.

    kindly suggest

    CB, replies: Hi arnav, would advice to exit from cairn for now. does look a bit weak. can look to add again on dips. arvind also exit on a small bounce

  9. arka Says:
    May 7th, 2015
    Posted at: 6:44 pm

    sir i have invested in arvind at around 246 ,what to do now i thought it will hold on to it support levels at 245

    CB, replies: Hi arka, if looking for short/ med trm, can hold onto it. else keep sl near 235

  10. pandurang kamath Says:
    May 7th, 2015
    Posted at: 7:09 pm

    As per my knowledge and law,if a company winds up operation and closes, after paying all creditors,govt dues like taxes,PF/ESI etc,if any thing left can be distributed to share holders as per shareholding ratio. Usually companies wind up when dues are more than net worth and it is as good as nothing to share holders.

    CB, replies: Hi pandurang kamath, thanks for sharing the same

  11. V V SUNDARAM Says:
    May 7th, 2015
    Posted at: 7:27 pm

    Hi Mr CB

    Holding short positions in Axis and ICICI from 550 level and 315 ( now 527 and 304 ) . They seemed to be holding out somewhat today . Are these shorts a hold or should I exit ?

    CB, replies: Hi V V SUNDARAM, bank nifty did give a negative break today. US markets have recovered a bit. possible see some bounce tomorrow. hold for now. try and exit on rise

  12. AMBI Says:
    May 7th, 2015
    Posted at: 7:54 pm

    Hello CB

    Above 8280 there was a hope that we will have a small bounce till 8400 - 8450 . But Now that Nifty is convincingly below 8280 is there a chance that next few days we will at least see a bounce to 8200 - 8280 or even that is a tall order now ?

    CB, replies: Hi AMBI, its near strong support at 8000 levels. triple bottom formation at these levels. if holds onto it, can see a good bounce from here, else can fall further to 7800

  13. jitesh Says:
    May 7th, 2015
    Posted at: 7:56 pm

    Hello cb sir..today nifty closing 8057..so we can see some bounce from here on tomorrow treding? ...
    i am holdings
    bharti airtel 400 call
    idea 200 call
    indused bank 860 call
    so wats your view on above stock. .tomorrow can i sale or hold till expiry?

    CB, replies: Hi jitesh, its near strong support at 8000 levels. triple bottom formation at these levels. if holds onto it, can see a good bounce from here, else can fall further to 7800. would advice to hold these for now. try and exit on rise. keep common sl at 8000 (closing basis)

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