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HAPPY Says:
May 8th, 2010
Posted at: 11:48 am
hai karthik,monday can i enter 5200 call or put plzzzzzzz ur sug
CB, replies: Hi HAPPY, no, dont enter it yet. as of now looks a bit weak
Jalpak Says:
May 8th, 2010
Posted at: 12:02 pm
Sir when we some recovery.either we r getting into big crisis?some expert says that greece issue is positive for economy lile india and china,as there wil be shift of investment.whether true
CB, replies: Hi Jalpak, not really sure. if greece issue spreads to other countries then markets could further turn weak
S Says:
May 8th, 2010
Posted at: 12:32 pm
Hi CB/Kartik,
I hv BANKOFINDIA,RNRL & TATASTEEL(FUTURES)
whr do u c thm on MONDAY or wht trgt u recomnd?
Wld u pls mail me some material on how 2 read charts,
technical breakouts(upside/downside),resistance &
support lvls.thx.
CB, replies: yes, will bounce back in coming days. hold hcl for now.
CB Says:
May 8th, 2010
Posted at: 12:38 pm
Hi matlee81, Good morning.. thanks.
Hi kanu, may open 40-50 points lower. all worries are coz of European issues.
Hi nandi, no, dont avg it yet.. for now hold onto it.
Hi smitha, no, dont enter them yet. wait for some time. .
Hi mkm, technically looks a bit weak. has some support level at 1040. can see some bounce from here.
Hi shiva, no, they are updated wrong as per yahoo's data. they were down 2-3%. may open 40-50 points lower
Hi md, not sure of efts.. yes. thats right regarding cost of carry.
Hi Arun, enter it lower around 375-380. seems to be finding good support around 370-380
Hi MARINA, yes, add more on dips. can see 88 in short term
Hi GURU, yes, will bounce back in coming days. hold hcl for now.
Hi mitul, may open 12-15 points lower
Hi ac, it may open around 115-120 if nifty open lower.
Hi Karthik, yes. nifty is already oversold and global markets too have come down quite a bit. a bounce is expected soon
Hi HAPPY, no, dont enter it yet. as of now looks a bit weak
Hi Jalpak, not really sure. if greece issue spreads to other countries then markets could further turn weak
shiva Says:
May 8th, 2010
Posted at: 12:44 pm
Ohh..i thot they closed 5-6% down... means there are chances that suzlon might hold onto support at 66 ... anything to buy as of now??
CB, replies: Hi shiva, yes. should hold on. no new call yet. lets wait till markets see some buying interest come back
Karthik Says:
May 8th, 2010
Posted at: 12:47 pm
Hi CB,
It seems that the Eurozone has approved of a bailout package for Greece...Tomorrow they will also be setting up an emergency fund to defend the euro and to prevent the spread of the Greek crisis to other nations and they say that this will all be done before markets open for trading on monday.....could this mean there would be a bounce in markets on monday?
CB, replies: Hi Karthik, yes. if all goes well as planned, then markets can see a relief rally on Monday. lets hope for the best.
shiva Says:
May 8th, 2010
Posted at: 12:49 pm
CB, i have observe that my portfolio has lots of small caps... so whenever big corrections occur , they dont move at all... pls tell me 4-5 good large caps that can see upmove as soon as nifty recovers...Can we get RIL cheaper than cmp?
CB, replies: Hi shiva, yes, go with ril, sesa goa and axis bank
ac Says:
May 8th, 2010
Posted at: 1:03 pm
thankyou CB
CB, replies: Hi ac, most welcome
Arun Says:
May 8th, 2010
Posted at: 1:09 pm
Hi CB,
If there is bounce on monday...is it a sell on rise rally or buy on dips rally?
CB, replies: Hi Arun, as of now seems may open slightly lower
pooja singh Says:
May 8th, 2010
Posted at: 1:21 pm
wat abt avon coperation for short period?
CB, replies: Hi pooja singh, enter around 6.30.. can see 8
Bull Says:
May 8th, 2010
Posted at: 1:25 pm
hi CB, i read that bail out got approved, that means some rally likely next week, which stocks are good to pick ? can GMDC be picked ?
CB, replies: Hi Bull, yes. if that happens then could see a relief rally. gmdc is looking a bit weak. go with srf or granules india.