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  1. CB Says:
    May 7th, 2010
    Posted at: 12:16 am

    Hi swetang, no, dont enter it yet

    Hi ARUN BJ, abb has good support near 700. if holds onto it. can see 750. ioc is a hold, can see 320. avg sterlite around 700

    Hi naveen, as of now no new call. seems markets will open gap down tomorrow.

    Hi Name (required), no, guess its not been given. they have only given 100% dividend

    Hi GOOD, yes, hold it for now

    Hi RAHUL, most welcome

    Hi GameWinner, yes, hold it. can open 50-60% higher.

    Hi MD, hold it. dont exit yet. keep it for couple of weeks.


  2. matlee81 Says:
    May 7th, 2010
    Posted at: 12:19 am

    Dear All, information

    DOW down 470 points (4.32%), the long awaited Equity correction is on now,
    See tomorrow all TV EXPERTS start predicting NIFTY 4000 straight away,
    All Short-term Long position holders, try exit with minium loss, or if someone has money to keep position for long time, it is fine.

    Expect 100 to 150 down on NIFTY,
    Good luck all.

    CB, replies: Hi matlee81, yes, very volatile..lets see how it opens

  3. rkp Says:
    May 7th, 2010
    Posted at: 12:21 am

    Sir,

    What exactly is happening with US markets. Such a downfall?

    CB, replies: Hi rkp, yes, rumors of a double dip recession. things not clear yet

  4. matlee81 Says:
    May 7th, 2010
    Posted at: 12:23 am

    my friends, it is DOW WAS DOWN 800 points few seconds before, now more than 500 points down, MASSACRE in DOW,

    CB, replies: Hi matlee81, yes, very volatile..lets see how it opens

  5. RAAM Says:
    May 7th, 2010
    Posted at: 12:25 am

    Hi CB/Karthik: It doesnot depend on RIL VS RNRL.Its the Global Market which is sinking so... Can i Short sell ICSA and Moserbaer tomo.I think with such a fall in US Market.. any market in the world would be deep red tomoo.. May be nifty will see 4900...Also any other stocks to Short sell please let me know

    CB, replies: Hi RAAM, guess if dow closes this way, we will open gap down

  6. matlee81 Says:
    May 7th, 2010
    Posted at: 12:26 am

    Anybody can believe, DOW WAS DOWN ALMOST 1000 POINTS few minute earlier,
    No one awake ???

    CB, replies: Hi matlee81, yes, very volatile..lets see how it opens

  7. RAAM Says:
    May 7th, 2010
    Posted at: 12:27 am

    May be this news will helps y US markets are going down http://finance.yahoo.com/

    CB, replies: Hi RAAM, guess if dow closes this way, we will open gap down

  8. Bull Says:
    May 7th, 2010
    Posted at: 12:31 am

    Mayham on nifty tomorrow .. 4700 will be broken

    CB, replies: Hi Bull, not sure yet. dow has recovered 50%.. lets see where it closes.

  9. RAAM Says:
    May 7th, 2010
    Posted at: 12:34 am

    Hi CB: Tomo is sure a black friday for all the markets.. Wt shud be the stratergy today i exited all my long positions.. Can i short ICSA,Moserbaer, Jindal cotex any of these alos any other stocks to short sell...Please let me know

    CB, replies: Hi RAAM, no, dont go short if the open with a big gap down

  10. RAAM Says:
    May 7th, 2010
    Posted at: 12:37 am

    Okie... Can we buy if the nifty opens with huge gap down???

    CB, replies: Hi RAAM, will need to see how asian markets open.lets see.

  11. RAAM Says:
    May 7th, 2010
    Posted at: 12:42 am

    Thanks CB.. Has the US markets closed or yet to close??

    CB, replies: Hi RAAM, will close at 1.30am

  12. gururaj Says:
    May 7th, 2010
    Posted at: 12:44 am

    Raam u.s still open...Its completely breaking down.. 3 odd percent down...

    CB, replies: Hi gururaj, Yes, its much better now. was more than 1000 points down some time back

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