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care Says:
December 18th, 2009
Posted at: 9:25 pm
HI Kartik, Thanks a lot , Regarding the charts-What does price volume index' mean .I see that it varies anywhere between sub zero to 120+levels' For example In HDIL it shows 124..
Kartik, replies: Hi care, this might help: http://www.forexrealm.com/technical-analysis/technical-indicators/positive-volume-index.html http://www.nobletrading.com/blogs/2009/05/positive-volume-index-or-pvi.html
Riyaz Says:
December 18th, 2009
Posted at: 9:30 pm
Hi Karthik,
Your views on Omaxe Ltd in coming days. Do it has any target level to be achieved. Can one invest now in this.

Thanks
Kartik, replies: Hi Riyaz, no, dont enter it yet, wait for a dip in it
dsp Says:
December 18th, 2009
Posted at: 9:38 pm
karthi,more downside expected?
Kartik, replies: Hi dsp, resistance at higher levels around 5180, support at 4950, yes some more downside is expected
Jorawar Says:
December 18th, 2009
Posted at: 9:46 pm
HI dsp....buddy how to paste picture in my account ...was searching for an option to do the same....but couldn't find.....Thanks....AND btw how was ur trading day today??
Kartik, replies: Hi Jorawar, thanks for your comments, Confidence petro is a good bet for Long term, invest 10-15% of your capital for Penny stocks
Anjali Says:
December 18th, 2009
Posted at: 10:06 pm
Hi CB..... BAJAJHLDNG is overbought stage...5 day RSI: 98 - overbought.
- 14 day RSI: 88 - overbought.....3 months RSI: 92.41......shall i go short on monday.....u r view on this stock......thanks in advance........
Kartik, replies: Hi Anjali, the stock seems is witnessing fresh buying at higher levels, dont go short yet, wait for it to consolidate
Kartik Says:
December 18th, 2009
Posted at: 10:20 pm
Hi dsp, resistance at higher levels around 5180, support at 4950, yes some more downside is expected
Hi Riyaz, no, dont enter it yet, wait for a dip in it
Hi Jorawar, thanks for your comments, Confidence petro is a good bet for Long term, invest 10-15% of your capital for Penny stocks
Riyaz Says:
December 18th, 2009
Posted at: 10:25 pm
Hi Karthik,
Holding FCSSOFT 350 @ 15.4 , can i add some more on monday ?
Hw this ll be performing in coming days. Some say that this will very perform good in coming days and will reach a target of 20. But I need valuable views on this.

Thanks
Kartik, replies: Hi Riyaz, its a strong company fundamentally, but markets look weak as of now, dont re-enter at current levels, wait for some more time
dsp Says:
December 18th, 2009
Posted at: 10:31 pm
hi jorawar,click on (change) up here on this box after u r name,then u find change u r image.
CB, replies: Hi dsp, we may open flat. below 4980 selling pressure would come in
Mitesh Says:
December 18th, 2009
Posted at: 10:34 pm
Hi,
Wanted to know should i long nifty futures at this levels or not
CB, replies: Hi Mitesh, no, dont go long yet. if nifty trades below 4980 for some time, one can go short
care Says:
December 18th, 2009
Posted at: 10:38 pm
HI Kartik.thanks for the url.. Have u any idea of vipul ind .Has come down to 58 levels from 70 [9th sept']Is it a good company to buy?
CB, replies: Hi care, no, not really sure about it. Happy weekend
Riyaz Says:
December 18th, 2009
Posted at: 10:43 pm
Hi Karthik,
ok. Thank u...
Anjali Says:
December 18th, 2009
Posted at: 10:56 pm
Hi Karthik.................Thank you.......
CB, replies: Hi Anjali, dont go short since it seeing good buying interest. short if only if 14d rsi starts to fall below 70
care Says:
December 18th, 2009
Posted at: 11:01 pm
HI kartik/CB, Thanks for all the help. week gone by.Have a happy weekend
CB, replies: Hi care, no, not really sure about it. Happy weekend