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View Full Version : Review of PP calls - 06 Nov - 500/- Profit


markettrend766
06-11-2008, 04:46 PM
PROFIT FOR THE MONTH OCTOBER - Rs. 23,500/-

REVIEW OF INTRADAY CALLS

BEST SELL


JSW STEEL(SELL) 325-328 (TAR1) 318 (TAR2) 307 (SL) 330

The stock opened at 320 and hit a low of 298 and the stock could not reach our sell range so no profit for the day. Members who have traded based on our buy call (Bearish Trend) would have made profits.



REVIEW OF MAGIC CALLS

BEST SELL


TATA MOTORS (SELL) 174-176 (TAR1) 168 (TAR2) 164 (SL) 178

(SELL 50 SHARES) ( MAINTAIN STRICT STOP LOSS)

The stock opened at our sell range and hit a low of 152 breaking all the targets and making the profits. Total profit per share is 174-164 = 10/- share.

Total Profit = 10 X 50 = 500/-



REVIEW OF SHORT TERM CALL

NO CALLS FOR THE DAY

INSIDER NEWS

Govt likely to cut petrol rates for 1-2 per ltr. So inflation will come to single digit and Bank rate cut will be on cards.

Accumulating of HDIL by HNI is on cards.

Post US Elections FII may exit US due to hike in capital gains tax in US and this will be positive for India and FII May enter hugely in India.

Today markets may take uptrend in second half of the market as inflation data may surprise the markets with single digit as cut in naptha prices last week will add to Inflation reduction.


Total Profit = Rs.500/-

Please post your feedback in our feedback section.

Total Profit till date 2300 /- (for more details check out announcements section or contact desidata@inbox.com )

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