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  1. CB Says:
    June 6th, 2015
    Posted at: 7:21 pm

    Hi murali, it has support at 370 levels. if breaks it, can test 350. on the upside can test 420 again. keep sl at 370

    Hi ann, its moving with crude oil prices. technically it was not a buy near 300 as it was near its 52wk low. some short covering was expected but not worth the risk. if looking for long term, can look to add 25-30% for now. jindal is a hold for now.


  2. AMBI Says:
    June 6th, 2015
    Posted at: 7:24 pm

    Hello CB

    Is it true that the C Wave of the decline in now starting which can be intense and so will certainly break the low of the A wave ( 7997 ) and take Nifty to 7750 ?

    What are the guidelines for estimating the Min & Max levels expected from the C wave down ?

    CB, replies: Hi AMBI, yes. I am expecting it to do this. lets see how it goes.difficult to predict levels, but can always hold with a trailing sl once nifty breaks 7750

  3. ESSEL Says:
    June 6th, 2015
    Posted at: 8:37 pm

    sir you missed my query. ihave hdil @110, ncc @65 and hcl info @38 pls advice for monday.thank you.

    CB, replies: Hi ESSEL, on Monday seems these may open a bit flat. if possible hold for short term. are good bets. will bounce back once markets settle a bit.

  4. Sanku Says:
    June 6th, 2015
    Posted at: 9:53 pm

    Hi cb
    View on bharti & dlf , holding pe
    View on vedl, tataglobal holding cd

    Having 8000pe also. What to be my SL & target

    Thanks

    CB, replies: Hi Sanku, bharti pe is a hold with sl at 422. above this can move higher. dlf is a hold. can test 103. vedanta and tata global can see a small bounce frm here as they are near support levels. nifty pe is a hold for 1-2 weeks. below 8050 can test 7900

  5. jesal raval Says:
    June 7th, 2015
    Posted at: 3:55 am

    guide on ORIENTBANK

    CB, replies: Hi jesal raval, It has good support at 185 levels. if holds onto it, can bounce back frm here

  6. AMBI Says:
    June 7th, 2015
    Posted at: 11:22 am

    Hello CB

    The Downtrend for Nifty started on 3 rd March . So we are now down for about 3 months . Is that time enough for a " MEDIUM TERM " correction or has the " MEDIUM TERM " correction has further to go ?

    If the MEDIUM TERM correction is correcting the entire rise from August 2013 low then the 23.6 % Fibonacci was at 8170 and that is already gone . Then are we headed for the 38.2 % level which is at 7600 ?

    Which chart to see for MEDIUM TERM correction Fibonacci retracement levels ? Weekly charts or Monthly charts ?

    CB, replies: Hi AMBI, go with weekly charts. yes, if breaks 8000, we can see lower levels in near term

  7. BHARAT123 Says:
    June 7th, 2015
    Posted at: 12:14 pm

    Sir

    What level to Short Nifty or Bank Nifty ? And which is looking more weak /

    Thank you sir .

    CB, replies: Hi BHARAT123, can short below 17400

  8. nishant Says:
    June 7th, 2015
    Posted at: 1:05 pm

    PLS SUGGEST HOLD/SELL : AMARA RAJA BATTERIES@ 822, M&M @1220 , MAHINDRA LIFESPACE DEVLOPERS @ 520, BALRAMPUR CHINI MILLS @62 ,J.K CEMENT@670
    all of us in loss....how much time i hav to hold??

    CB, replies: Hi nishant, if possible hold onto these for 4-6 months. once markets settle a bit, these will bounce back. fundamentally are good bets

  9. venkat Says:
    June 7th, 2015
    Posted at: 7:19 pm

    Sir, I am holding SBI CAll 260 and Zee Ltd Call 340. What about Monday (08.06.15) ? Its position go up or Not?

    CB, replies: Hi venkat, sbin is a hold with sl at 254 for now. can see some bounce from here. zee can test 342

  10. Sanku Says:
    June 7th, 2015
    Posted at: 9:23 pm

    Hi CB
    What should be the safe SL of NF in this market
    10-20-30-40 points ?

    Thanks

    CB, replies: Hi Sanku, it would be near 8050 (spot)

  11. sanket Says:
    June 7th, 2015
    Posted at: 9:40 pm

    I want to subscribe for your paid service but your calls differs on PMS performance page and daily page for respective dates.

    CB, replies: Hi sanket, yes, in PMS additional calls are given.

  12. AMBI Says:
    June 7th, 2015
    Posted at: 10:32 pm

    Hello CB

    Saw your advise to some friends to short Bank Nifty BELOW 17400 .

    Is it not better to short Bank Nifty on a small rise to 17700 - 800 rather than on a break below 17400 . That way you get added 400 points of profit .

    One can keep stop @ 18000 - 18100 on closing basis ( 200 - 300 points ) so that the loss is only 200 points but profit can be almost 1000 points as Bank Nifty goes to 16500 by expiry .

    CB, replies: Hi AMBI, yes, can go with this too if markets see a bounce from here.

  13. swetha Says:
    June 7th, 2015
    Posted at: 10:51 pm

    Hi cb,

    Your view on IDEA cellular ? And what is your near term target ?

    CB, replies: Hi swetha, above 180.5 can test 186

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