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

Thursday, November 23, 2006

Trading calls for 23Nov06

Buy ABB in futures above 3600.00
Buy Cummins in futures above 287.50
Buy India Cements in futures above 229.30
Buy Nicolas Piramal in futures above 248.35
Buy Reliance Energy in futures above 562.50

Exit short in Siemens and go long above 1373.00
Exit short in Tata Tea above 731.00

Hold your long positions in (Price in bracket is the stop loss):
Bank Nifty (5900.00), CNX IT, Nifty (3890.00), ACC (1035.00), Bank OF India (182.00), BEL, Bharti, Divis Lab (2915.00), HCL Tech (636.00), HDFC Bank (1065.00), IFlex (1511.00), ICICI Bank (827.00), Infosys Tech(2134.00), IVRCL, JP Hydro (29.00), Jet Airways, Mphasis BFL, NTPC, PNB (518.00), Satyam, SBI(1223), Strides Arcolab, Sun Pharma, Suzlon, Syndicate Bank (80.50), TCS, UTI Bank and Wipro.

Hold your short positions in (Price in bracket is the stop loss):
Dr.Reddys, Escorts, GSK Pharma(1155.00), Hindalco(178.70), Ranbaxy, Sterlite, Tata Motors and Titan Industries.

Please note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels.

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.

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