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

Tuesday, December 05, 2006

Trading calls for 06Dec06

Federal Bank call of 04Dec06 triggered today.
Buy IDBI in futures above 82.50
Buy Polaris in futures above 134.50 with stoploss 124.70
Buy Reliance communications in futures at current levels with stoploss 420.00

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), IFlex, ICICI Bank (827.00), India Cements, Infosys Tech(2134.00), JP Hydro (31.35), Karnataka Bank(126.00), Maruti(893.00), MRPL(40.70), PNB (567.00), Reliance Capital(589.00), SBI(1340.00), STAR(343.50), Sun Pharma (967.00), Tata Motors, Tata Power(591.00), TCS(1180.00) and Wipro(578.50).

Hold your short positions in (Price in brackets is the stop loss):
BPCL (366.50), HLL(245.00), HPCL (299.00) & IOC(465.00).

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. Keep checking the stoplosses as it is updated everyday.

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.

0 Comments:

Post a Comment

<< Home