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amit Says:
December 1st, 2009
Posted at: 11:22 pm
can you pls let us know what is the reaction expected if a stock achieves
- triple top
- double top
- triple bottom
- double bottom
how should we then deal with the stocks.
thanks in advance
Kartik, replies: Hi amit, Tops acts as a resistance level for stocks, and bottoms as a support levels. Mostly a stock bounces from its support levels
sathya Says:
December 1st, 2009
Posted at: 11:26 pm
Where is Nifty heading. I averaged 5000 PE 10 lots at 112. now its 80. i am in huge loss. what to do
Kartik, replies: Hi sathya, hold it for some more time, we might see some downside in the coming days or so
sk Says:
December 1st, 2009
Posted at: 11:30 pm
hi cb, suport lbl of nifty
Kartik, replies: Hi sk, 5000
Kartik Says:
December 1st, 2009
Posted at: 11:38 pm
Hi bhargavi, yes
Hi rana, lets see how Asian market opens up tomorrow morning, I shall let you know then
Hi creast, you may buy Andhra bank in small quantity for a weeks time
Hi Prateek, yes, we might see some downside ahead
Hi dsp, I shall ask the programmer to work something out
Hi amit, Tops acts as a resistance level for stocks, and bottoms as a support levels. Mostly a stock bounces from its support levels
Hi sathya, hold it for some more time, we might see some downside in the coming days or so
Hi sk, 5000
santosh Says:
December 1st, 2009
Posted at: 11:40 pm
hi kartik/cb
u r saying some downside is near.i am holding 1000 shares of andhrabank @116.what to do ? hold or square off
Kartik, replies: Hi santosh, hold them for a weeks time, with the given targets
dsp Says:
December 1st, 2009
Posted at: 11:41 pm
karthi final q for this day:wt r niftys next strong resistance&support levels
Kartik, replies: Hi dsp, resistance around 5190, strong support at 5000 levels
AC Says:
December 1st, 2009
Posted at: 11:45 pm
hi kartik ...will it be good idea to buy tata motors for intrday tomorow..and at what price and for what target?
Kartik, replies: Hi AC, no, it might face some profit booking tomorrow
dsp Says:
December 1st, 2009
Posted at: 11:46 pm
good night karthi.thanks a lot for u r suggestions.very proud to have friends like u&cb
Kartik, replies: & dsp, most welcome, good night
moh Says:
December 1st, 2009
Posted at: 11:46 pm
Hi Kartik,
just now i got back in and saw your reply
Thanks a lot.
Goodnight.
:)
AC Says:
December 1st, 2009
Posted at: 11:47 pm
thanks ...can u also tell what phase profit booking might occur...in morning or later
Kartik, replies: Hi AC, around 710 levels
bhargavi Says:
December 1st, 2009
Posted at: 11:48 pm
hi kartik,
noida toll has closed today above its resistance @ 38... can i buy for 1 week? for target of 43-44?
Kartik, replies: Hi bhargavi, dont enter it for a weeks time as markets might see some downside, Enter it for Short term, it can give decent returns
AC Says:
December 1st, 2009
Posted at: 11:53 pm
ok thanks Kartik ...goodnight
Kartik, replies: Hi AC, good night