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CB Says:
June 8th, 2015
Posted at: 8:43 am
Hi AMBI, yes, its difficult to predict this. gut feeling is we will break it this time around.
Pooja1981 Says:
June 8th, 2015
Posted at: 8:58 am
Cb,
You asked not to lock the longs in bank nifty.
Now do you still think we can see some bounce?
What should i do?
CB, replies: Hi Pooja1981, technically has some support at 17400. shall lock below 17400 or on a 150-200 point bounce
AMBI Says:
June 8th, 2015
Posted at: 9:08 am
Hello CB
One more thing . The news about Sun TV possible licence cancellation is fundamentally negative for the indian markets . Already we have the Greece problem and the Monsoon problem .
Now with this move many FII are going to read that Modi keeps saying development development but is wasting quite a lot of his time and energy in unnecessary Vendetta Politics . As if going after Robert Vadra was not enough now they have opened another vendetta front with Maran . This news is negative not just for Sun TV which has huge following in Tamil Nadu but is in fact even more negative for the Modi Govt .
One this will ensure a total rout for the BJP in 2016 Assembly elections here and two it will signal that BJP talks developments but concentrates only on playing politics . I was an avid supporter of Modi but am now slowly beginning to get totally disillusioned with him .
CB, replies: Hi AMBI, :) ok. yes, suntv's cancellation would be negative for the markets. lets see how it goes. ************************************** ill be back in 30 min
Sraj Says:
June 8th, 2015
Posted at: 9:25 am
Sir,
Your view on Adani ENT please?
CB, replies: Hi Sraj, its going weak. avoid for now.
kasi Says:
June 8th, 2015
Posted at: 10:01 am
sir today ishort on dcb 126.4 can icovertoday or lets wait target plese
CB, replies: Hi kasi, its a hold. can test 125
narayana Says:
June 8th, 2015
Posted at: 10:16 am
LPDC test level near term (Down side)
CB, replies: Hi narayana, has support at 2.7
ravi Says:
June 8th, 2015
Posted at: 10:36 am
hi cb,
need ur view on PNB
MY avg rate 1000@195
what shalll i do hold or exit
any sl or tgt
CB, replies: Hi ravi, its a hold for short term. dont add more of it yet
nikki Says:
June 8th, 2015
Posted at: 10:38 am
sir I can I short coalindia and can I buy icicibank at current levels ?
CB, replies: Hi nikki, no, not yet. can look to buy Coal India for short term
pooja1981 Says:
June 8th, 2015
Posted at: 10:44 am
CB,
What to do with bank nifty longs?
Very much confused as to whether we will continue to fall in straight line or bounce from here?
CB, replies: Hi pooja1981, hedge with a short in July for now
subrat Says:
June 8th, 2015
Posted at: 10:50 am
What a downtrend to psubank obc??? Seen if one day rise,,down for next 10 days..if so happens how they go up?? How u said for long term if holes already 2 years nd. 6 months???
CB, replies: Hi subrat, yes, banks are going weak. long term is 3-5 years.
vivek kumar Says:
June 8th, 2015
Posted at: 11:04 am
hello sir
buy hdil CE 110@2
asian paint CE 760@14
kotakbank CE1400@17
what i should do as ur view..
CB, replies: Hi vivek kumar, these are a hold for now. keep common sl at 8050 (spot - closing basis) and hold ********************************** ill be back in 1 hour