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  1. Amit Madan Says:
    May 7th, 2010
    Posted at: 4:07 pm

    Hi CB Wat are support and resistance for TATAMOTORS.
    Thanks in advance

    Kartik, replies: Hi Amit Madan, it faces some support at 720 as of now, Resistance is at higher levels of 860

  2. Rakesh Says:
    May 7th, 2010
    Posted at: 4:16 pm

    sir i had bought nifty 5300 at a very high premium what should i do now. i am already in a very big loss. any chance for an up movement next week

    Kartik, replies: Hi Rakesh, we are likely to see some upmove in the coming days, hold it with a SL at 4980 as of now

  3. SAS123 Says:
    May 7th, 2010
    Posted at: 4:30 pm

    Dear Sir,

    Please provide your opinion on Essar Oil.

    Kartik, replies: Hi SAS123, it can see 150 in Short term, hold it

  4. Ravi Says:
    May 7th, 2010
    Posted at: 4:42 pm

    Hi Sir,
    Please Explain ...
    This is a rigth time to enter in RELIANCE NATURAL RESOURCES LTD.....?
    Cmp 55

    Kartik, replies: Hi Ravi, no, dont enter it yet, wait for some more time

  5. RAAM Says:
    May 7th, 2010
    Posted at: 4:53 pm

    Hi CB/Karthik: Wt about nifty on monday also RNRL. Can i short it @CMP??

    Kartik, replies: Hi RAAM, its already run down a lot, it might add 1-2% on Monday, dont go short on it

  6. naveen Says:
    May 7th, 2010
    Posted at: 5:27 pm

    good eve sir,
    i have mnm can i hold or sell plz tell me tgt for 2-3 month

    Kartik, replies: Hi naveen, dont enter Mahindra and Mahindra yet, wait for some time

  7. DR.HEMANT Says:
    May 7th, 2010
    Posted at: 5:32 pm

    I HAVE ABAN FUTURE@1122,JSW STEEL FUTURE@1220,RIL [email protected] SHOULD I DO IN THIS VOLATILE MARKET?ANY RELATION OF ABN WITH CRUDE PRICE?

    Kartik, replies: Hi DR.HEMANT, hold them for Short term, they are likely to see some recovery, yes, Aban is related to crude prices since it manufactures petroleum products

  8. MN Rao Says:
    May 7th, 2010
    Posted at: 5:36 pm

    Dear Kartik,

    i started acquairing Tech Mahindra from 820, now 713, shall I continue or wait. Pls advise.

    Kartik, replies: Hi MN Rao, hold it for some more time, its likely to give a bounce, but hold it with a SL at 650

  9. Kartik Says:
    May 7th, 2010
    Posted at: 5:39 pm

    Hi Trader, wait for the Markets to settle as of now

    Hi santosh, you may enter Reliance for Short term as of now

    Hi RAAM, Amtek Auto Ltd can be entered around 150 levels

    Hi Shri, it can see 320 in Short term

    Hi PARESH SHAH, you may enter it with a SL at 66 (Cash)

    Hi Jalpak, likely to see some recovery, Hexaware can add 2-3% on Monday

    Hi swarnakamal, Orchid Chemicals & Pharmaceuticals Ltd has been posting losses in the last 2-3 Quarters, it would be better to exit it on any rise, or exiting 50% at CMP and investing in other stock would be good

    Hi gayaram, not yet

    Hi Amit Madan, it faces some support at 720 as of now, Resistance is at higher levels of 860

    Hi Rakesh, we are likely to see some upmove in the coming days, hold it with a SL at 4980 as of now

    Hi rajni, dont enter it yet, wait for some more time

    Hi RAAM, its already run down a lot, it might add 1-2% on Monday, dont go short on it

    Hi naveen, dont enter Mahindra and Mahindra yet, wait for some time

    Hi Ravi, no, dont enter it yet, wait for some more time


  10. nikhil Says:
    May 7th, 2010
    Posted at: 5:49 pm

    hi again
    for monday lic / united spirit / itc / sbi targets and stop loss
    and best bet i have 1 lot of lic @ 950

    Kartik, replies: Hi nikhil, they are likely to add 2-3% on Monday, as Dow futures points to a positive opening

  11. DR.HEMANT Says:
    May 7th, 2010
    Posted at: 5:56 pm

    HOW DO YOU SEE MARKET IN COMING DAYS? WHAT BOTTOM WILL BE IN NIFTY?

    Kartik, replies: Hi DR.HEMANT, Markets are likely to give a bounce in the coming days

  12. Arun Says:
    May 7th, 2010
    Posted at: 6:06 pm

    i had bought nifty 4900 put and also nifty 5300 call. whats ur advice. thanks in advance

    Kartik, replies: Hi Arun, UCO and Axis bank look good for Long/Mid term as of now, Nifty faces some support at 4950, below which we could see some more downside, it would be better to wait for Global ques to recover, before making a move in Long s

  13. nikhil Says:
    May 7th, 2010
    Posted at: 6:07 pm

    hi again,
    still what the best & worst pic for say 2 weeks sbi/lic/united spirit /itc

    Kartik, replies: Hi nikhil, cant be sure, since they are Market movers, but United Spirits Ltd looks good for Mid term

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