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

Tuesday, November 14, 2006

Trading calls for 14Nov06

ACC back in action. Buy in futures above 1038.00
Buy Divis Lab if sustains above 2970.00
Buy Gail in futures above 268.00 Breaking out after a big consolidation. Minor resistance at 275.00 thereafter can move up till 295.00
Buy Mphasis BFL above 246.00 has a target of 265.00
Buy NDTV at current levels. Looks good for a target of 290.00

Buy nifty futures above 3875.00, Allahabad bank futures above 96.30 and ashok leyland futures above 47.60

Hold your positions in GAC, HCL Tech, HDFC Bank, ICICI Bank, IVRCL Infra, J&K Bank, Maharastra seamless, Orchid Chem, Punj Lloyd, Sun TV and UTI Bank.

Investors who are interested in small stocks can accumulate Malu Paper Mills in cash market at current levels(21.30). First target of 24.00, if sustains above for couple of days can zoom up till 37.00
Trading at a very low P/E multiple.

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