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View Full Version : Review of PP calls - 16 Oct - Rs. 2250/- ( Profit )


desidata
16-10-2008, 06:57 PM
Review of Intraday calls

BEST BUY

BANK OF INDIA (BUY) 267 - 269 (Target1) 274 ( Target 2) 281 (Sl) 264 ( BUY 50 SHARES IN PANIC SELLING IN OPENING TRADE )

The stock opened at 280 and touched a low of 273 but never touched our buy price of 269 later on the stock recovered which we mentioned in our insider news and touched a high of 303


BEST SELL

ONMOBILE (SELL) 320-323 (Target1) 313 (Target 2) 305 (Sl) 326 (SELL 50 SHARES)

The stock opened at 310 touched a high of 328 and triggered our sell price of 323 and reached our second target at around 11:00 hrs giving good profits to our members.

320 – 305 = 15 x 50 = 750 /-


Review of Magic Call

BEST BUY

NAGARJUNA FERTILISERS (BUY) 16.9- 17.3 (Target1) 19.3 ( Target 2) 21 (Sl) NO SL ( BUY 500 SHARES , TARGET IN 3-4 TRADING SESSIONS)

The stock opened at 18 and touched low of 17.5 but later on recovered in a style and touched a high of 21.7 which is almost 23 % from the lows, As it is a magic call even if our members bought the stock at 18 and squared off at 21 then the profit would be


21 – 18 = 3 x 500 = 1500/-


We advised our members to buy CORE PROJECTS at lows around 45 for averaging the stock , if our members bought the stock at the mentioned price or may be below 47 our average price of CORE PROJECTS would be 54 , we advice members members to hold the stock as our target mentioned is intact.


Insider News

Next Job cuts to be announced in IT industry and an Indian Company is about to announce soon.

Despite of strong fundamentals but with poor IIP numbers, reduced capital expenditure by corporates, over all slow down in the economy and FIIs spurious selling, some analysts predict 1100 as the short term target for BHEL.

An aggressive operator cornered Brahmanand Himgar , High risk high return, take your call.

Market may surprise everyone today with deep negative opening and positive closing.



Total Profits = Rs. 2250/-

Hope members might be profited from our calls, please post your feedback in our feedback section.

Total Profit till date 19750/- (for more details check out announcements section or contact desidata@inbox.com )

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