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View Full Version : Review of PP calls - 24 Oct - Rs 350/- (Loss)


desidata
25-10-2008, 06:29 AM
Review of Intraday calls

MONNET ISPAT (BUY ) 175-177.5 (Target1) 182( Target 2) 188 (Sl) 172.5
(BUY 100 SHARES ) ( TARGET OF +200 IN 08 TRADING SESSIONS) (BUYBACK AT 300/- BY THE COMPANY MAY PULL THE STOCK TO 250 LEVELS IN SHORT TERM OF 03 MONTHS)

The stock hit stop loss but a good bet for short term .

172.5 – 176 = 3.5 x 100 = - Rs. 350/-

REVIEW OF MAGIC CALLS

BEST BUY

GAIL (BUY ) 224-226 (Target1) 231( Target 2) 236 (Sl) 221.5 (BUY 100 SHARES )
The stock never reached our buy level in the opening trade and came down with huge sell off in markets

NO LOSS NO PROFIT

Insider News

SEBI's response FII short selling will lead to short term rally but, -ve to the market .

Likely cut of Repo rate on RBI meet today.

Cut in Petrol rates may hit market in coming week.

Sugar companies are challenging the SAP pricing in the court and heard that pricing is not ecofriendly and companies may win the case. Likely sugar companies may blasting in near future.

Despite of economic crisis the education sector is not facing heat, and margins in the sector is high. So keep accumulating stocks like NIIT, Everonn and Educomp which are more hit in the current Market scenario..

Total loss = Rs. 350/-

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Total Profit till date 23400/- (for more details check out announcements section or contact desidata@inbox.com )

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