Trading calls for 15Nov06

Select Pharma stocks looking for a breakout.

Buy Aurobindo Pharma in futures above 633.00
Buy more Divis Labs in futures if sustains above 3080.00
Buy Ranbaxy in futures above 413.00
Buy Wockhardt Pharma in futures above 438.00
Buy Torrent Pharma in cash above 212.00

Buy Corporation Bank in futures above 426.00. Can go up till 500.00 in medium term.

Add more positions to UTI Bank above 481.00 still looking hot.

Buy Jet airways in futures at current levels for target 670.00 above which there is no stopping. It will just take off.

Sell Hindalco in futures below 176.40 showing weekness technically.

Exit long positions in GAC, Hind Lever, IVRCL, Maharastra Seamless, Punj Lloyd, Suzlon energy and NDTV (below 242.00)

Cover short positions in IOC and BPCL. Some recovery expected in BPCL above 375.00

Hold on to your long positions in Allahabad Bank, HCL Tech, HDFC Bank, ICICI Bank, J&K Bank, Mphasis BFL, Orchid Chemicals, Sun Pharma, Sun TV and Zee Tele.