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  1. ajit Says:
    July 31st, 2010
    Posted at: 2:12 pm

    i purchased 20 share of ICICI bank for 906
    shall i hold it

    CB, replies: Hi ajit, it has strong resistance near 930. will do well once closes above it. keep sl at 900 and hold it.

  2. CB Says:
    July 31st, 2010
    Posted at: 2:14 pm

    Hi shirish, yes

    Hi rajesh, cummins did post good results and above 610 gave a good breakout technically. hold put. book near 80 levels. don't go long on tcs yet. will do well once crosses 860


  3. rajesh Says:
    July 31st, 2010
    Posted at: 2:19 pm

    Hi CB,
    Pl clarify, you mean to say I have to book profits at 680 level.
    Thanks

    CB, replies: Hi rajesh, yes, book near 660-670

  4. gbhat Says:
    July 31st, 2010
    Posted at: 2:20 pm

    Hi CB.. GA.. Holding FCS software @ 8.. shall i average @cmp ? How long it'll take to see 8 again ? Thank u..

    CB, replies: Hi gbhat, Good afternoon. yes, will need to avg it near 2.50. fundamentally its a good company. will recover back. hold it for a yrs time.

  5. Abhi Says:
    July 31st, 2010
    Posted at: 2:30 pm

    Hi CB,

    If a retail investor applies for an x number of lots in an ipo at cut-off rate, will any lots be given at all?

    I am thinking of applying at cutoff only for SKS micro finance


    happy weekend
    cheers
    abhi

    CB, replies: Hi Abhi, don't apply for sks. its a bit overvalued. its a random process. usually one gets it if applies at the higher end of the range

  6. shirish Says:
    July 31st, 2010
    Posted at: 2:39 pm

    Hi karthkji,

    where I can find SAR levels for nifty and banknifty in the website can you please paste the link.

    Thanks

    CB, replies: Hi shirish, I guess you meant parabolic SAR, you can get it here:http://nseguide.com/charts.php?symbol=NIFTY ,under the Price Bands

  7. Trader Says:
    July 31st, 2010
    Posted at: 2:40 pm

    Hi CB:

    According to EW, how do you see Godrej Ind chart, means in which wave it is traveling.
    if you have any study material on this please mail me?

    thanks!

    CB, replies: Hi Trader, looks strong above 190, hold it for some time

  8. Gitanjali Says:
    July 31st, 2010
    Posted at: 2:49 pm

    HI CB , Good afternoon , I am not sure whether to go long or to short at this stage of nifty .. and of global cues ..
    Wd it be safe on M'day to trade long .. either in dena or ashokley for just a re gain plz?
    I was thinking IFCI may require another day to settle after the quick run on Thursday .. May be am wrong in concluding so..
    If Glabal cues are week for a day shall i short Idea may I know plz ?

    CB, replies: Hi Gitanjali, Good Evening, if we manage to trade above 5350 you may go long, Dena Bank above 101 looks good

  9. AzQ Says:
    July 31st, 2010
    Posted at: 2:59 pm

    Sir G
    Can I know earlier target for Cummins

    CB, replies: Hi AzQ, it can see 650 in 3-4 days time

  10. Jay Says:
    July 31st, 2010
    Posted at: 3:34 pm

    Hi CB, what would be the target of these stocks. shall we enter for 1 year.
    Cybermate Info
    VISU INTERNATIONAL LTD

    CB, replies: Hi Jay, both of them have been posting weak results lately, dont enter either yet

  11. Guru Says:
    July 31st, 2010
    Posted at: 5:15 pm

    hi hope your doing good., i am holding neo corp and beckons for long time, no movement at all.. its not able to cross 55.7 and 8.4 for long time.. any suggestions ???

    CB, replies: Hi Guru, yes, hope you to doing well, hold them for another 2-3 months time, they can do well

  12. AK Says:
    July 31st, 2010
    Posted at: 5:30 pm

    CB,

    Do your recommend to go for SKS IPO 21 lots at cut-off price of 985?

    I think its looking good, your views please?

    CB, replies: Hi AK, it would be better to go for only 1 lot as of now

  13. AK Says:
    July 31st, 2010
    Posted at: 5:31 pm

    Oops.. i meant 3 lots (21shares)

    AK

    CB, replies: Hi AK, it would be better to go for only 1 lot as of now

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