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  1. Vdna Says:
    July 10th, 2010
    Posted at: 7:12 am

    Hi CB,
    I have short of Bharat Forge future @ Rs 333,What should I do, Hold or book profit? Pl suggest.

    CB, replies: Hi Vdna, hold it. can see 320

  2. bhuvana Says:
    July 10th, 2010
    Posted at: 7:54 am

    dear 'cb' gud morning thanks for all yur gudservice. please send me some gud books for intraday trading thanks once again

    monday can i go for jindal steel
    thanks to karthik

    CB, replies: Hi bhuvana, Good morning. you are always welcome. sure, shall email. yes, one can enter jindal steel

  3. CB Says:
    July 10th, 2010
    Posted at: 8:46 am

    Hi akash, Good morning. yes, hold it for a months time.

    Hi suresh, invest 50% in jindal steel and rest in canara bank on dips near 455

    Hi Champ, yes, looks good. try them out in small quantities for now. indswift is a good bet for long term. can double.

    Hi matlee, thanks

    Hi suresh, no, seems may open slightly higher

    Hi Vdna, hold it. can see 320

    Hi bhuvana, Good morning. you are always welcome. sure, shall email. yes, one can enter jindal steel


  4. Sunny Says:
    July 10th, 2010
    Posted at: 9:17 am

    hi bro i bought yesterday relcom pa at 3 rs(210) n idfc at 1.25 rs(200) plz sugest me

    Kartik, replies: Hi Sunny, hold Rcom with a tight Sl at 200 and IFCI with a SL 59.50

  5. Arunava Says:
    July 10th, 2010
    Posted at: 9:41 am

    NetIndian News Network
    New Delhi, July 9, 2010

    The Central Government has specified bonds to be issued by the Industrial Finance Corporation of India (IFCI); Life Insurance Corporation of India (LIC); Infrastructure Development Finance Company Limited (IDFC); and non-banking finance companies (NBFCs) classified as infrastructure finance companies by the Reserve Bank of India as "Long-term Infrastructure Bond" for the purpose of section 80CCF of the Income Tax Act, 1961.

    An official press release said here today that investment in these bonds up to Rs 20,000 would be eligible for deduction from the total income of the assessee. The deduction will be in addition to the deduction of Rs 100,000 allowed under sections 80C, 80CCC and 80CCD of the Act.

    The tenure of the Bonds shall be a minimum of ten years with a lock-in period of five years for an investor. It will be mandatory for the subscriber to furnish permanent account number to the issuer for investment in the bonds, the release added.

    Kartik, replies: Hi Arunava, thanks for the update, yes, it shall do well in the Short run

  6. Arunava Says:
    July 10th, 2010
    Posted at: 9:47 am

    will the IFCI cross 65 range

    Kartik, replies: Hi Arunava, thanks for the update, yes, it shall do well in the Short run

  7. PB Says:
    July 10th, 2010
    Posted at: 9:54 am

    Hi,

    Please let me know your short term views on following

    Wipro - Can it cross 400 after Infy results are announced.
    IFCI - Can it cross 60 & ove towards 65.
    JSPL - Saw the swing call, so am more convinced now
    TATA Steel - Can it cross 500 next week
    Apollo Tyres - Can it cross 70 next week.


    Thanks,

    Kartik, replies: Hi PB, yes, they can do well, Apollo Tyres Ltd faces some resistance at 70, above which it can see 75+

  8. Lalit Says:
    July 10th, 2010
    Posted at: 10:03 am

    Dear CB,
    I have seen the amtek india & rain commodity chart they are shown as oversold , can i invest them for short term play , please advice on the thought process and company.

    Kartik, replies: Hi Lalit, they seem to trade weak as of now, dont enter them yet, wait for some time

  9. shoy Says:
    July 10th, 2010
    Posted at: 10:03 am

    HI CB

    ENIL fall drastically because of stake sale. and it is a debt free company now. any chance of recovery with in 3 months time. and what is the fundamental of the company. I have 300 shares @ 220. what to do now sell, hold or avarage ?

    Kartik, replies: Hi shoy, its a average bet fundamentally, hold it for Short term with a SL at 175 (long term support)

  10. shoy Says:
    July 10th, 2010
    Posted at: 10:09 am

    HI cb
    I have 1000000 to invest for 5 years. can you advise fundamantally good 10 stocks from different sector with entry price. at present I have the following share
    1. Bartronics
    2. Dhanalakshmi bank
    3. fortis health care.
    4. gmr infra
    5. gvk power
    6. godrejind
    7. gipcl
    8. punjlloyd
    9. sel mcl
    10. reliance
    11. utv software
    12. unitech

    If you have time email to me [email protected]. Thanks in advance

    Kartik, replies: Hi shoy, its a average bet fundamentally, hold it for Short term with a SL at 175 (long term support)

  11. nitish Says:
    July 10th, 2010
    Posted at: 10:52 am

    Dear CB,

    I am holding 12000 shares of windsor machines at an average of Rs 64/- What is the near term target. should i quit?

    regards,
    nj

    Kartik, replies: Hi nitish, book profits in it around 70 in the Short run, since its a weak bet fundamentally

  12. Champ Says:
    July 10th, 2010
    Posted at: 10:59 am

    On money control i saw 3 scripts by bollinger bands

    1) Onmobile cmp 280. In Bollinger Bands it showed the right price to enter the scrip is 285 & it could go to 299 and lower it could go to 271. (RSI is 50 as on 8 July 2010)

    2) Sterlite Industries cmp 167. In Bollinger Bands it showed me the right price to enter is 168.5 and it could go to 181 and on lower side it could go to 155. (RSI is 50 as on 8 July 2010)

    Pls let me what i m reading in regards to technicals is it right as i want ur comments that am i going on a right way or u can help me so i can go in right direction.

    Kartik, replies: Hi Champ, Onmobile saw some upmove on Firday due the other Telecoms, enter it only above 290, with a SL at 275, Sterlite can be bought for Short term at CMP

  13. Mehul Says:
    July 10th, 2010
    Posted at: 11:11 am

    how is shri shakti LPG ltd. company for investment at cmp 7.00 Rs

    Kartik, replies: Hi Mehul, its a loss making company, avoid it

  14. A z Q Says:
    July 10th, 2010
    Posted at: 11:37 am

    Hi. Navneet Publication is at 54, what will be the short term target for exit.

    Kartik, replies: Hi A z Q, it can see 60 in a months time

  15. shrikanth Says:
    July 10th, 2010
    Posted at: 11:46 am

    Hi CB, Is it good to invest in MIC electronics? If Yes, can you please specify the entry & target levels. Also I see Siemens in the same industry. Is it good to go with the big companies?

    Kartik, replies: Hi shrikanth, you may enter it around 36 for 6-8 months time, it can see 50+ levels, Siemens Ltd is a strong bet fundamentally for Long term investment

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