Trading calls for 30Nov06

Looks like the Auto sector wants to join the party.

(All December contracts)
Buy Bajaj Auto in futures above 3740.00
Buy Hero Honda in futures above 751.00 with stoploss 720.00
Buy Maruti in futures above 943.00 with stoploss 893.00

Buy Karnataka Bank in futures above 129.00 with stoploss 113.00
Buy MRPL in futures at current levels with stoploss 40.70

Sell BPCL in futures below 353.00 with stoploss 366.50
Sell Cipla in futures below 249.50 with stoploss 264.00
Sell HLL in futures at current levels with stoploss 248.00
Sell IDBI in futures below 75.20 with stoploss 78.50
Sell IOC in futures at current levels
Sell IPCL in futures below 280.00 with stoploss 286.00

Upgrade your stop loss in Iflex to 1601.00

Buy Nagarjuna Constructions in cash above 216.00 with stoploss 193.00
Technically looking very good.

Hold your long positions in (Price in bracket is the stop loss):
Bank Nifty (5900.00), ABB(3445.00), ACC (1035.00), BOI (195.50), BEL(1129.00), Bharti (615.00), Cummins(275.00), Divis Lab (2915.00), Glaxo (1100.00), HDFC Bank (1075.00), ICICI Bank (827.00), India Cements, Infosys Tech(2134.00), IOB (118.20), Jet Airways (687.00), JP Hydro (29.00), Nalco(214.00), NTPC(147.50), PNB (518.00), Reliance Capital, Sail(84.70), SBI(1223), STAR(511.00), Sun Pharma (967.00), Syndicate Bank (80.50), Tata Power(576.00), TCS, Titan Industries(759.00) and Wipro(578.50).

Hold your short positions in (Price in bracket is the stop loss):Dr. Reddys (741.00), Escorts(123.00), HPCL (321.00), 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.