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  1. AMBI Says:
    July 2nd, 2015
    Posted at: 6:48 am

    Hello Mr CB / Mr Kartik

    The bottom of 8000 has held very well for the last 2 months now . Is it safe to say that a MEDIUM TERM bottom has been made at 8000 and the same will not break for the next 2 -3 months at least ?

    The only dark clouds of the Medium term horizon were Monsoon , Greek Exit and Fed rate hike . While Monsoon worry has disappeared and Greece is already discounted Fed hike will not come till September .

    So is it safe to assume 8000 will hold till september unless there is some other earth shaking domestic or world development ? I mean can we start a medium term higher bottom ( 7950 / 8180 / ...? ) , higher top ( 8480 / 8550 / ...? ) formation from now on ?

    Whats your take ?

    Kartik, replies: Hi AMBI, Yes, does seem so. as long as nifty is above 8150, trend looks to be up

  2. Kartik Says:
    July 2nd, 2015
    Posted at: 7:39 am

    Hi Nagaraja, good morning. its a hold for now. has resistance at 325

    Hi Priya, it can test 118-120 in coming days

    Hi Anita, yes, can add few here. can test 270-273

    Hi jai, has resistance at 1125. can test it once.

    Hi AMBI, Yes, does seem so. as long as nifty is above 8150, trend looks to be up

    Hi Vel.S, ifci can test 27.2. spic around above 19.5 can test 22 levels.

    Hi lucky, hold for now. keep sl near 8500 (spot)

    Hi Prakash, yes, does look good. can add few here. can test 47

    Hi S. Ghosh, can enter above 8500

    Hi Bobby, can go with sun pharma above 882. not sure of entering others yet

    Hi Goutam, no, not yet. lets wait

    Hi jitesh, its a hold for now. keep sl at 270

    Hi vkb, its a hold for now. keep sl near 2620

    Hi Ken, you are most welcome

    Hi murali, seems can test 590 levels.

    Hi ankur, jk tyre has resistance at 90 levels. above this can test 98

    Hi ESSEL, seems may remain a bit flat. guess will need to hold onto it for 1-2 months. if breaks 88, exit 50% shall add again on dips

    Hi Raj, its a hold. can test 144 today.


  3. V V Sundaram Says:
    July 2nd, 2015
    Posted at: 8:16 am

    Hi Mr CB / Mr Kartik

    when we were at 7940 they said resistance @ 8120

    at 8120 they said resistance at 8230

    At 8230 they said resistance at 8330

    At 8330 they said resistance at 8420

    Now Nifty is above 8420 and now they are saying resistance at 8520

    And I have been sitting on the sidelines fearing " reversal " from the " Resistance " and waiting for the famous 7800 while the market has moved up 500 points .

    Is there anybody who can give " correct " advise ?

    Kartik, replies: Hi V V Sundaram, yes. its best to trade with these levels with a stoploss at support/ resistance levels. its difficult to get a 150-200 point move in the right direction.

  4. Shree Says:
    July 2nd, 2015
    Posted at: 8:42 am

    GM Kartik,

    Kindly advise on Ashok Leyl. for today.

    As per your suggestion, I bought Idea once it crossed 180, and stayed there. But it slipped later. Kindly advise for that as well.

    Thanks, and best wishes, as always.

    Kartik, replies: Hi Shree, Ashok has resistance at 76. may remain flat today. Idea is a hold for now

  5. Bb Says:
    July 2nd, 2015
    Posted at: 8:54 am

    Century
    Mother n sume


    And

    Divis lab or Britannia intraday or for the week
    Which is the best bet

    And what level to short Tata steel

    Kartik, replies: Hi Bb, can add birtannia for now. not sure of others yet. look stretched. adani ports can test 315.

  6. Bb Says:
    July 2nd, 2015
    Posted at: 8:55 am

    And
    What to do in adani port
    Please reply on all stocked

    Kartik, replies: Hi Bb, can add birtannia for now. not sure of others yet. look stretched. adani ports can test 315.

  7. gaurav Says:
    July 2nd, 2015
    Posted at: 9:08 am

    air
    how about nandan denim, what levels it can see in short term?

    Kartik, replies: Hi gaurav, can test 120

  8. gaurav Says:
    July 2nd, 2015
    Posted at: 9:10 am

    sir by when it will test 120?

    Kartik, replies: Hi gaurav, hold for 1-2 weeks.

  9. gaurav Says:
    July 2nd, 2015
    Posted at: 9:13 am

    Also sir can you please tell me about Zicom short term target? should i hold or sell?

    Kartik, replies: Hi gaurav, above 172 can test 185 levels.

  10. Bb Says:
    July 2nd, 2015
    Posted at: 9:14 am

    What level to enter Britannia and Upl

    Kartik, replies: Hi Bb, can enter britannia at cmp. not sure of upl

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