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

Tuesday, December 05, 2006

Trading calls for 05Dec06

Buy Alok Ind in futures above 74.00
Buy BHEL in futures above 2632.00
Buy Sterlite in futures above 601.00
Buy Titan Industries in futures above 842.00

Exit long in Nalco at current levels
Exit long in Sail at current levels
Exit long in Syndicate Bank at current levels

Short sell Sun TV below 1501.00

Buy Era Constructions in cash above 524.50
Buy SAL steel in cash above 14.55
All sugar stocks back into limelight today. Think to buy only if sustains above yesterdays highs.

Hold your long positions in (Price in brackets is the stop loss):
Bank Nifty(6150.00), ABB(3445.00), ACC (1035.00), Bajaj Auto(2620.00), BOI (195.50), BEL(1129.00), Bharti (615.00), Canara Bank(295.00), Cummins(275.00), Divis Lab (2915.00), Glaxo (1100.00), HDFC Bank (1075.00), Hero Honda(720.00), ICICI Bank (827.00), India Cements, Infosys Tech(2134.00), JP Hydro (31.35), Karnataka Bank(113.00), Maruti(893.00), MRPL(40.70), PNB (539.00), Reliance Capital(589.00), SBI(1223), STAR(343.50), Sun Pharma (967.00), Tata Motors, Tata Power(576.00), TCS, and Wipro(578.50).

Hold your short positions in (Price in brackets is the stop loss):
BPCL (366.50), HLL(247.00), HPCL (321.00) & IOC.

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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