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  1. Asir Says:
    February 15th, 2010
    Posted at: 7:51 pm

    Hi CB, Good Evening. what is the rally of before Budget? Why market going to down continiously, despite IIP data is very good?

    CB, replies: Hi Asir,.not really sure. on Friday some short covering was seen. seems we could head upto 4900 in coming days

  2. VENKATA RAMA KRISHNA Says:
    February 15th, 2010
    Posted at: 7:52 pm

    your view on LT foods .

    CB, replies: Hi VENKATA RAMA KRISHNA, not sure about this one.

  3. CB Says:
    February 15th, 2010
    Posted at: 8:18 pm

    Hi Rupesh, always welcome.. ispat can head upto 20.50-21 levels this week. hold it for now.

    Hi Merwan, as of now markets are not really doing much. hold it for this weak. can head utpo 76

    Hi akash, hold it. has some resistance at 74-75. above this it can see 83

    Hi xyz, yes, one can enter it for short term

    Hi Gitanjali, go with chambal fert for now..

    Hi neelimakumar, no not sure

    Hi Name (required), hold it for 2-3 days. can see 1740

    Hi Ketan, one can enter it in small quantity

    Hi DS, do you mean intraday calls? they are sent by email around 8.45am daily

    Hi ramsingh, not sure of entering it now

    Hi Asir,.not really sure. on Friday some short covering was seen. seems we could head upto 4900 in coming days

    Hi VENKATA RAMA KRISHNA, not sure about this one.


  4. Shantanu Says:
    February 15th, 2010
    Posted at: 8:26 pm

    Good evening friends,

    A quick update on currency (Forex) market.

    GBPUSD:

    I've been closely watching the GBPUSD pair and to tell the truth, I'm tired of waiting :D
    This pair is doing almost nothing for the last 6 business days. Anyways, what can I do till the pair itself decides to move. Anyways, the good news is I'm expecting a major explosion in this pair in the future. As of last 6 days, the pair is trading in a tight range of 1.5770 and 1.5533. Here is the chart:

    USDJPY:

    This pair is forming a triangle and I guess we are getting a hint for a mojor move ahead:

    ** Moreover, tomorow, there are couple of major news (6) release from 3.00pm to 7.30 (IST).

    Happy Trading :)

    CB, replies: Hi Shantanu, Thanks for the update..

  5. subraya joisa k Says:
    February 15th, 2010
    Posted at: 8:28 pm

    HI cb! please let me know the downward target of ESSAROIL, STATE BANK OF MYSORE
    RNRL.

    CB, replies: Hi subraya joisa k, essar can see 130 if markets remain weak. bank of mysore if closes below 680 can come down by 20-25rs.

  6. Shantanu Says:
    February 15th, 2010
    Posted at: 8:32 pm

    **Sorry,

    Some problem with the chart links in my message above. Hence I'm posting the links again-

    GBPUSD:

    http://i47.tinypic.com/fn70jl.gif

    USDJPY:

    http://i49.tinypic.com/1z20ua8.jpg

    Thanks

    Kartik, replies: Hi Shantanu, thanks

  7. Sanjay Says:
    February 15th, 2010
    Posted at: 8:33 pm

    Hi CB/Kartik I have 300 shares of Brabourne Enterprises. When I search this stock in NSE I couldn't find it. In BSE website it is saying that this stock is "suspended due to procedural reasons". What is the meaning of this? Shall I be able to sell this off? If not is there any other way of recovering my money? Thanks in advance.

    Kartik, replies: Hi Sanjay, here's the latest announcement on it "Members of the Exchange are hereby informed that the trading in equity shares of Brabourne Enterprises Limited shall be suspended w.e.f. February 03, 2010 (i.e. closing hours of trading on February 02, 2010) on account of Scheme of Arrangement between the Company, CHI Investments Limited, Octav Investments Limited and Summit Securities Limited with RPG Itochu Finance Limited.", no news on its re-listing date yet

  8. subraya joisa k Says:
    February 15th, 2010
    Posted at: 8:36 pm

    Sorry sir, not informed me the downward price trget of RNRL

    Kartik, replies: Hi subraya joisa k, it faces strong support at 58

  9. Nitin Says:
    February 15th, 2010
    Posted at: 8:49 pm

    can i buy geometric tom. for intraday?

    Kartik, replies: Hi Nitin, dont enter it yet, it might see some profit booking tomorrow

  10. Neman Says:
    February 15th, 2010
    Posted at: 9:08 pm

    Hello, gspl and hmt.. will they do well during the course of this week?

    thanks..

    Kartik, replies: Hi Neman, they can add 4-5% in a weeks time

  11. test Says:
    February 15th, 2010
    Posted at: 9:19 pm

    Hi
    i am wearing huge loss in 5000 call and 5100 call purchased@142,112 respectively..ho wrecover losse..any hope...?
    and also....shall i book profit in SREIFIN tomw purchased@67....
    I also exited bharti purchaed@345 on 297....to change DP..shll irenter lower levels?

    Kartik, replies: Hi test, hold your calls with a SL at 4720 on Nifty, Global markets are likely to see some recovery, exit SREI Infra around 70 levels, dont re-enter Bharti yet, wait for some time

  12. Smart_kash Says:
    February 15th, 2010
    Posted at: 9:34 pm

    Hi neelimakumar, try logging through nri.icicidirect.com
    one of my friend working with ICICI Direct told me this....

    Kartik, replies: Hi Smart_kash, markets are expected to give a bounce in the coming days, hold it for a target of 1.80

  13. neelimakumar Says:
    February 15th, 2010
    Posted at: 9:37 pm

    Hi Smart_kash, thx.......but its working now.......though d prob arises again nd again. do u also trade thru ICICI ??

    Kartik, replies: Hi neelimakumar, thanks for the detailed explanation on Aban, yes, its a strong bet for Long term and shall fetch good returns

  14. ANWAR ALAM Says:
    February 15th, 2010
    Posted at: 9:39 pm

    sir, i am 50 shares of ahmed forge @RS. 110.00 WHAT WE COULD DO NOW ?

    Kartik, replies: Hi ANWAR ALAM, Ahmednagar Forgings Ltd is a strong bet for short term, hold it for a couple of days, it can do well

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