Trading calls for 17Nov06

Mphasis BFL hit our first target. Still looking good. Hold long in futures for second target with stop loss 254.00

Buy Union Bank & IOB in futures above 143.00 & 123.00 respectively.

Buy some more quanities in UTI Bank. No stopping this stock. Will go the ICICI Bank way.

Exit long in Andra Bank if unable to cross 100.00
Exit long in Sun TV below 1390.00
Exit long in Zee Tele at current levels

Sell Ashok leyland in futures below 44.40 for target 43.50 in intraday.
Sell Essar Oil in futures below 53.20 for target 52.25 in intraday.
Sell Titan Industires in futures below 755.00

Hold your short positions in Hindalco.

Hold your long positions in Bank Nifty, Nifty, ACC, Allahabad Bank, Bank Of India, Corp Bank, Divis Lab, HCL Tech, HDFC Bank, ICICI Bank, J&K Bank, Jet Airways, PNB, SBI, Sun Pharma and Syndicate Bank.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.