Trading calls for 08Dec06

Buy Ashok Leyland in futures above 46.00 stoploss 42.55
Buy Hindalco in futures above 187.00 stoploss 176.00
Buy Indusind Bank in futures above 49.70 stoploss 46.10
Buy Reliance Industries in futures above 1328.00 stoploss 1270
BHEL buy call on 05Dec06 triggered today. Hold Long

Short sell more of Sun TV below 1393.00
Short sell Suzlon in futures below 1345.00 stoploss 1401.00

Note that there will be more cash calls from now on as the focus is shifting towards the midcap/smallcap stocks.

Buy Alps Ind in cash above 85.50 stoploss 76.00
Buy Liberty Shoes in cash above 155.25 stoploss 136.00
Buy Shreyas Shipping in cash above 122.60 stoploss 109.00
Buy Yes Bank in cash above 142.20 stoploss 123.00

Hold your long positions in (Price in brackets is the stop loss):
Bank Nifty(6150.00), ABB(3670.00), ACC (1035.00), Alok Ind(70.35), Bajaj Auto(2620.00), BOI (195.50), BEL(1172.00), Bharti (615.00), Canara Bank(306.00), Federal Bank (220.30), Glaxo (1182.00), HDFC Bank (1075.00), IFlex, ICICI Bank (849.50), Infosys Tech(2134.00), Maruti(930.00), MRPL(41.25), Polaris(124.70), Reliance Capital(598.00), SBI(1340.00), Sun Pharma (967.00), Tata Motors, Tata Power(591.00) and Wipro(578.50).

Hold your short positions in (Price in brackets is the stop loss):BPCL (366.50), Corp Bank(393.00), HLL(245.00), HPCL (299.00), IOC(465.00) and Sun TV (1516.00).

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.