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  1. SRINIVAS Says:
    June 6th, 2010
    Posted at: 11:26 am

    HI CB

    I HAD SHORTED FUTURES OF

    HDIL @ 215
    SESA @ 340
    TATA STEEL @ 464

    PLEASE ADVICE LEVEL TO SQUARE OFF MY POSITIONS

    CB, replies: Hi SRINIVAS, they are a hold for now.hold tata steel with strict sl at 470. others are a hold.

  2. cks Says:
    June 6th, 2010
    Posted at: 11:30 am

    Hi CB, Thank you very much for your yesterday's reply to my ichimoku doubt. Sometimes if I need to clear doubts in some charts with my own drawings, shall I send mail to you with chart screen shots? Is that ok for you?

    CB, replies: Hi cks, sure, you can email me

  3. Arun Says:
    June 6th, 2010
    Posted at: 11:33 am

    sir i am holding 1000 shares of Infotech Enterprises @ 321 and it has announced 1:1 bonus its ex date is june 10 and record date june 12. So will its price go down by 50%. if so when will the decrease in price occurs . will it opens on ex date with 50% cut.

    CB, replies: Hi Arun, yes, it will open down 50%

  4. CB Says:
    June 6th, 2010
    Posted at: 1:04 pm

    Hi Manish Malhotra, would advice to book profit in it for now. has strong resistance near 1240. will do well once crosses it.

    Hi jalpak, dont go long yet. would advice to wait for some dip

    Hi bharani, hold it. likely to give your price back in 2-3 days

    Hi abc, usually its profit booking. some stocks move much higher after the split. some tend to see selling pressure.

    Hi Nalls, Yes, some bounce is likely after this news.

    Hi lalit, they are a hold for med term. may remain a bit volatile in short term due to market volatility.

    Hi arun BJ, yes, would advice to book profit for now. one can enter it again above 1250

    Hi SONALI, its a hold for long term. can head upto 8-10 levels. if possible add few more on dips.

    Hi baroom, techncially has strong resistance near 31. above this it can head upto 38. for now continue to hold onto it.

    Hi TULSI, yes, keep it a little longer, will do well

    Hi MARINA, no, wait for some more time to enter it.

    Hi ekm, yes, but if a stock moves in the opposite direction loss incurred too is high.. if we have the capacity to hold onto huge lots and if possible avg on dips, then only enter F&O

    Hi Malik, yes, but they did come up on Saturday and said that they will be fine. lets see.

    Hi SRINIVAS, they are a hold for now.hold tata steel with strict sl at 470. others are a hold.

    Hi cks, sure, you can email me

    Hi Arun, yes, it will open down 50%


  5. MADHAVAN Says:
    June 6th, 2010
    Posted at: 1:11 pm

    Hi CB,
    I bought 1000 RCom at Rs164 what should I do upon market opening tomorrow?
    Thanks

    CB, replies: Hi MADHAVAN, hold it for short term. can head upto 180.

  6. IMS Says:
    June 6th, 2010
    Posted at: 1:42 pm

    I have EVINIX ACCESSORIES at Rs. 3.83/-. I am planning to sell it at Rs. 4/- tomorrow. What is your opinion on that? Is there any scope for it to go high if i hold it for few more days time?

    CB, replies: Hi IMS, would advice to continue to hold onto it. its looking good.

  7. cks Says:
    June 6th, 2010
    Posted at: 2:00 pm

    Hi CB, Thank you.

    CB, replies: Hi cks, most welcome

  8. arun BJ Says:
    June 6th, 2010
    Posted at: 2:16 pm

    thanks cb

    CB, replies: Hi arun BJ, most welcome

  9. Ajay Says:
    June 6th, 2010
    Posted at: 2:22 pm

    hai i am holding renuka sugars @64 wats its short term target thanks in advance

    CB, replies: Hi Ajay, it can head upto 70. hold it.

  10. amitb2410 Says:
    June 6th, 2010
    Posted at: 2:48 pm

    HI CB,
    I am in a great dilemma. Please help me out. I hold 650 shares of Suzlon @Rs 115. In view of its upcoming rights issue, what should I do ? Should i average at the CMP of Rs 55 ? On mOnday, it will surely open around 53. Should I buy 1000 shares @50-53? There is no point exercising the rights. PLEASE RPLY & HELP ME OUT.

    CB, replies: Hi amitb2410, dont avg it yet. wait for some time.. it can come down a bit if markets continue to remain weak. fundamentally its a strng company. will recover once markets settle a bit

  11. Srinivas Says:
    June 6th, 2010
    Posted at: 3:02 pm

    dear cb

    upon observing weekly macd charts. one strange thing i observed: RIL, Tata steel all are showing negative trend (long term). what is your advice. short now for longer period?

    CB, replies: Hi Srinivas, yes, they are looking weak. go short on tata steel below 470. support is near 5000. not sure of any shorts as of now

  12. PC JAIN Says:
    June 6th, 2010
    Posted at: 3:04 pm

    sir do you think that days of circuit breaker is coming near and near (nse)
    after todays development what do u think about r com 4 tomorrow ?

    CB, replies: Hi PC JAIN, any negative news today? tomorrow seems may open 80-100 points lower.

  13. Srinivas Says:
    June 6th, 2010
    Posted at: 3:14 pm

    hi cb

    how do u see nifty opening tomorrow? resistance & support level? can we short tomorrow after opening?? pl advice

    CB, replies: Hi Srinivas, yes, they are looking weak. go short on tata steel below 470. support is near 5000. not sure of any shorts as of now

  14. Gaya Says:
    June 6th, 2010
    Posted at: 3:29 pm

    Sir,
    Is it right time to enter NTPC? What will be the immediate target?
    Thanks in advance,
    Regards.

    CB, replies: Hi Gaya, no, dont enter it yet. wait for some time.

  15. govind Says:
    June 6th, 2010
    Posted at: 3:34 pm

    Sir , I am holding 310 shares of California Software (Bought @ 61.5) & 103 shares of Indag Rubber (Bought @ 114) . Shall I exit from these shares tomorrow on opening or hold with stop loss. Please advice.

    CB, replies: Hi govind, no, continue to hold onto them for short term. they will do well

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