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

Wednesday, December 27, 2006

Trading calls for 27Dec06

Buy Jet Airways in futures above 612.00
Buy Patni Computers in futures above 422.60 for target 435.00 and 458.00
Buy SBI in futures above 1265.00 for target 1283.00
Buy STAR in futures above 352.40

Buy Solar Explosives in cash above 156.00 for target 164.00
Buy MRO-TEK in cash at current levels for target 65.00 and 72.00

Exit short in Hindalco at current levels.

Hold your long positions in (Price in brackets is the stop loss):
Ashok Leyland(41.00), BEL(1244.00), Bharti(590.00), Dr.Reddys(773.00), India Cements, Polaris(150.80) and Satyam(449.00).

Hold your short positions in (Price in brackets is the stop loss):
BPCL (329.50), HLL(233.00) and Suzlon (1333.00).

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. 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.

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