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

Sunday, November 26, 2006

Trading calls for 27Nov06

Buy Bank of Baroda in futures above 278.00
Buy Dabur in futures above 148.50
Buy Titan Industires in futures above 801.50
Buy IOB in futures at current levels

Exit short in Dr. Reddy's above 758.00
Exit short in Escorts above 122.00
Exit long in Jet Airways below 687.00

Hold your long positions in (Price in bracket is the stop loss):
Bank Nifty (5900.00), CNX IT, Nifty (3900.00), ABB, ACC (1035.00), Bank OF India (182.00), BEL, Cummins, Divis Lab (2915.00), HDFC Bank (1065.00), IFlex (1511.00), ICICI Bank (827.00), India Cements, Infosys Tech(2134.00), IVRCL, JP Hydro (29.00), NTPC, PNB (518.00), Sail, Satyam, SBI(1223), Seimens, Sun Pharma (967.00), Suzlon, Syndicate Bank (80.50), Tata Power, TCS, UTI Bank(494.00) and Wipro.

Hold your short positions in (Price in bracket is the stop loss):
Ranbaxy & Tata Motors.

Pease 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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