Trading calls for 12Dec06

There are no calls for today.

Most of the banks have made a gap down opening yesterday. It is safe to sell if sustains below yesterday's low.

Hold your long positions in (Price in brackets is the stop loss):
ABB(3670.00), BEL(1195.00), BHEL(2480.00), IFlex and Polaris(124.70).

Hold your short positions in (Price in brackets is the stop loss):
BPCL (366.50), Cipla, Colgate, Corp Bank(393.00), Escorts, HLL(243.50), HPCL (299.00), IOC(465.00), Sun TV (1516.00) and UTI Bank.

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. 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.