Money Spinner - Trading calls in futures segment of Indian stock market

Wednesday, November 08, 2006

Trading calls for 08Nov06

Nifty showing signs of reversal. Keep a close eye on 3775. Break with volumes might take it to 3720-3725.

Pharma stocks looking good.
Buy Cipla with a stop loss of 264, Dr.Reddy's with a stop loss at 775 and GSK Pharma. All looking very good.

Exit long positions in ACC and India Cements. Showing signs of tiring. Gujarat Ambuja Cement still looking strong.

Buy SUN TV. Good upmove expected. Can go up 50-60 rupees today itself.

Buy ABB and Essar Oil at lower levels. HDFC Ltd looking very good.

Hold on to Century Textiles, Hindustan Lever and IVRCL.

Oil marketing stocks will continue to bleed. Hold sell positions in BPCL, HPCL and IOC.

2 Comments:

  • Please be clear in your Calls. Give separate columns for intraday, delivery, F&O etc which would be good for viewing.

    By Anonymous Anonymous, at 7:26 PM  

  • Please read the very first post which clearly states that the calls are for swing trading. If there are any other calls it would be mentioned as pure intraday or deliver or futures. If no such thing is mentioned then please consider it to be delivery and for swing trading.

    By Blogger Moneyspinner, at 7:45 PM  

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