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

Tuesday, November 28, 2006

Trading calls for 29Nov06

GSK Pharma buy call on 24Nov06 triggered today. Hold long.
Sell HPCL in futures below 298.00
Sell Reliance Industries in future below 1240.00
Sell more of Dr.reddy's in futures below 715.00

Exit long in Sail below 84.70
Exit long in Seimens at current levels.
Upgarde your stop loss in Bank Of India to 195.50

Hold your long positions in (Price in bracket is the stop loss):
Bank Nifty (5900.00), ABB(3445.00), ACC (1035.00), BEL(1129.00), Bharti (615.00), Cummins(275.00), Divis Lab (2915.00), HDFC Bank (1075.00), IFlex (1511.00), ICICI Bank (827.00), India Cements, Infosys Tech(2134.00), Jet Airways (687.00), JP Hydro (29.00), Nalco(214.00), NTPC, PNB (518.00), Reliance Capital, SBI(1223), STAR(511.00), Sun Pharma (967.00), Syndicate Bank (80.50), Tata Power, TCS, Titan Industries and Wipro(578.50).

Hold your short positions in (Price in bracket is the stop loss):
Dr. Reddys (758.00), Escorts(122.00), ITC, Ranbaxy(386.00) & 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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