492. Take the drill bit a hold it in front of you. Turn the bit so the cutting tips are at 2:00 and 8:00 position, the chisel point should be 6:00 and 12:00. If not the protrusion of the drill in its holder is wrong, extend or retract the drill until its at the 6.12 position. 05-18-2014, 01:06 PM #5.