desidata
07-10-2008, 08:23 PM
Market Opened Gap up and so the stocks too opened gap today , with profit booking markets came down sharply which was unexpected and so hit stop loss , the markets today exhibited huge volatility and so technicalities didn't work.
Review of Intraday calls
BEST BUY
VISHAL INFOR (BUY) 324-325 (Target1) 329 ( Target 2) 334(Sl) 318 ( BUY 100 SHARES)
The stock opened at 323 and skyrocketed to 336 and came down , if our members bought at 324 the stock has gone down and touched the stop loss of 318
318 – 324 = -6 X 100 = -600 ( Loss )
Review of Magic Calls
BEST BUY
RELIANCE COMMUNICATIONS (BUY) 296-298 (Target1) 312 ( Target 2) 329 (Sl) 284 ( BUY 50 SHARES , TARGET IN 6-7 TRADING SESSIONS
The Stock closed at 300 near our buy price and the call is ON
Total profits in Intraday call = - 600
Insider News
Turnover of Confidence petroleum to grow 80% CAGR till 2011, screaming buy at this levels.
Greaves Cotton has inaugurated its new petrol engine plant in Chennai and is foraying into marketing of low HP tractors imported from China. A solid bet at current levels
Goverment may reduce fuel prices this may help in calming down inflation which may even take us below double digit inflation
Rolta India with strong fundamentals is an excellent buy. Sources expect handsome appreciation in the medium-term and spike in the share price once the final agreement with US is signed
Analysts predict of markets touching four digit market by diwali
Total Profit till date 6800 /- ( for more details check out announcements section or contact desidata@inbox.com )
Admin
dD
Review of Intraday calls
BEST BUY
VISHAL INFOR (BUY) 324-325 (Target1) 329 ( Target 2) 334(Sl) 318 ( BUY 100 SHARES)
The stock opened at 323 and skyrocketed to 336 and came down , if our members bought at 324 the stock has gone down and touched the stop loss of 318
318 – 324 = -6 X 100 = -600 ( Loss )
Review of Magic Calls
BEST BUY
RELIANCE COMMUNICATIONS (BUY) 296-298 (Target1) 312 ( Target 2) 329 (Sl) 284 ( BUY 50 SHARES , TARGET IN 6-7 TRADING SESSIONS
The Stock closed at 300 near our buy price and the call is ON
Total profits in Intraday call = - 600
Insider News
Turnover of Confidence petroleum to grow 80% CAGR till 2011, screaming buy at this levels.
Greaves Cotton has inaugurated its new petrol engine plant in Chennai and is foraying into marketing of low HP tractors imported from China. A solid bet at current levels
Goverment may reduce fuel prices this may help in calming down inflation which may even take us below double digit inflation
Rolta India with strong fundamentals is an excellent buy. Sources expect handsome appreciation in the medium-term and spike in the share price once the final agreement with US is signed
Analysts predict of markets touching four digit market by diwali
Total Profit till date 6800 /- ( for more details check out announcements section or contact desidata@inbox.com )
Admin
dD