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View Full Version : Review of the PP calls - 17 Oct - Rs 1000/- ( Loss )


desidata
17-10-2008, 09:07 PM
Review of Intraday calls

BEST BUY

UNION BANK OF INDIA (BUY) 163-164.5 (Target1) 169 ( Target 2) 171 (Sl) 157 ( BUY 100 SHARES IN OPENING TRADE )

The stock opened at 163 and touched a high of 167 before hitting the stop loss of 157 , we are sure that our members booked loss in this call , the stock is in bullish trend but as the FIIs selling intensified the stock gone down

157 – 163 = - 6 x 100 = - Rs. 600/-



Review of Magic Call

NO MAGIC CALL TODAY

Review of Short term call

BUY MIC ELECTRONICS @ 59-62 TARGET -- 79 (5 TO 8 TRADING SESSIONS)
(SL - 55)

The stock opened at 62 but due to intensive selling by FIIs the stock too came down , we advice members to hold the stock , Even though we are confident on the call but assuming our members booked loss in the call

55 – 59 = - 4 x 100 = - Rs. 400/-

Insider News

Noted brokerage house is recommending NAGARJUNA CONSTRUCTION aggressively to their HNIs as the stock looks attractive at these levels.

Global Markets Mauritius Pvt Ltd increased stake in TELEDATA recently from 5.57 % to 5.95 %

Going by rumours, Stake sale in SPV Karuturi Overseas Ltd to raise 100 million dollars and the deal is expected by first week of November. Keep an eye on KARUTURI GLOBAL.

Corus, the UK subsidiary of Tata Steel, could see improvement in its margins this year, after it signed a five-year deal with Vale of Brazil for supply of 63 million tonnes of iron ore to its European plants. Good times ahead for TATA STEEL ??

Rumours around the corner that we may see cut in Petrol & Diesel as the crude prices have lost more than 50% in matter of 3 months


Total loss = Rs. 1000/-

The loss today was due to unexpected selling which came from the mid day market , please post your feedback in our feedback section.

Total Profit till date 18750/- (for more details check out announcements section or contact desidata@inbox.com )

Admin
dD

arunacham
17-10-2008, 10:12 PM
Really Todays Market is the reason for Loss.

Yesterday the merket recovered as per your Prediction .

Dont Expect 100% accuracy. We are not GoD.

WE must use our common sense and FOLLOW Strict SLL to use this Call effectivly.

Good ... Go Ahead ....