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

Monday, November 27, 2006

Trading calls for 28Nov06

Buy Reliance Capital in futures above 614.00
Short sell ITC in futures below 178.50
Add more of Divis Lab into your portfolio if it sustains above 3210.00

Exit long in IVRCL below 406.00
Exit long in Suzlon below 1445.00

Hold your long positions in (Price in bracket is the stop loss):
Bank Nifty (5900.00), CNX IT(5200.00), Nifty (3925.00), ABB, ACC (1035.00), Bank OF India (182.00), BEL, Bharti (615.00), Cummins, Divis Lab (2915.00), HDFC Bank (1065.00), IFlex (1511.00), ICICI Bank (827.00), India Cements, IOB (120.80), Infosys Tech(2134.00), Jet Airways (687.00), JP Hydro (29.00), Nalco, NTPC, PNB (518.00), Sail, Satyam(459.00), SBI(1223), Seimens, STAR(511.00), Sun Pharma (967.00), Syndicate Bank (80.50), Tata Power, TCS, Titan Industries, UTI Bank(494.00) and Wipro.

Hold your short positions in (Price in bracket is the stop loss):
Dr. Reddys (758.00), Escorts(122.00), 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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