markettrend766
12-01-2009, 05:17 PM
PROFIT FOR THE MONTH OCTOBER - Rs. 23,500/-
PROFIT FOR THE MONTH NOVEMBER - Rs. 20850/-
PROFIT FOR THE MONTH DECEMBER – Rs 33125/-
REVIEW OF INTRADAY CALLS
SUN PHARMA(BUY) 1090-1100(Target1)1115 (Target2) 1145(Sl) 1078(BUY 50 SHARES)
The stock reached our buy levels with low of 1085/- and made high of 1137.85/- breaking target1 and closed near to target2. Making profit of 25/- share at target1.
Profit of the day = 25X 50 = 1250/-
REVIEW OF MAGIC CALLS
INDIA INFO (SELL) 49.5-51 (Target1)48.5 (Target2) 44(Sl) 52 (SELL 1000 SHARES)
The stock could reached our sell levels but made high of 48.25/- and low of 43.15/- below our target2. Those who have traded on our idea would have made profits of 5000/- Approx.
Profit = Nil
REVIEW OF SHORT TERM CALL
Nil
INSIDER NEWS
Chartists predict trading band of 8,800-9,880 for the Sensex and 2,700-3,050 for the Nifty.
Strong bearishness indicated if indices trade below 9,140 and 2,800 levels. Contemplate short term buying if indices trade above 9,700 and 2,960 levels.
For the indices, supports are at 9,140 and 8,800 and 2,750 and 2,680. Below 8,800 a sharp down move of 1,000 points is not ruled out.
On macro level, falling inflation number and lower crude oil prices are good tidings but in near term the IIP data and Q3 results will determine the direction of the markets.
While the government's intervention on Satyam offers hope, avoid fresh positions in the scrip and use any sharp upmoves to exit.
Post-Satyam episode focus is on companies “showing high growth but with low promoter stake”. Tele Data, Orchid, IVRCL, Era Infra, Great Offshore, Mercator Lines, ICSA, Northgate, Ta-nla Solutions and NCC are only some examples of ma-ny companies showing consistent growth but whose promoters were seen continuously diluting their stake over the last few quarters.
Use the present correction to accumulate sugar counters like Shree Renuka, Bajaj Hindustan and Triveni for sweet gains in medium term.
Swings in low priced momentum cou-nters like Nagarjuna Fert, Chambal, Noida Toll and HCC are attracting traders.
LASTLY IIP NO'S FOR THE MONTH OF DEC WILL BE ANNOUNCED AND IT IS LIKELY -VE AND DAMPEN THE MARKET SENTIMENT AND MAY DRAG MARKET ANOTHER 500 POINTS IN SENSEX AND 100+ POINTS IN THE NIFTY
Total Profit of the day = 1250/-
Total Profit till date 32695/- (for more details check out announcements section or contact desidata@inbox.com )
Admin
Dd
PROFIT FOR THE MONTH NOVEMBER - Rs. 20850/-
PROFIT FOR THE MONTH DECEMBER – Rs 33125/-
REVIEW OF INTRADAY CALLS
SUN PHARMA(BUY) 1090-1100(Target1)1115 (Target2) 1145(Sl) 1078(BUY 50 SHARES)
The stock reached our buy levels with low of 1085/- and made high of 1137.85/- breaking target1 and closed near to target2. Making profit of 25/- share at target1.
Profit of the day = 25X 50 = 1250/-
REVIEW OF MAGIC CALLS
INDIA INFO (SELL) 49.5-51 (Target1)48.5 (Target2) 44(Sl) 52 (SELL 1000 SHARES)
The stock could reached our sell levels but made high of 48.25/- and low of 43.15/- below our target2. Those who have traded on our idea would have made profits of 5000/- Approx.
Profit = Nil
REVIEW OF SHORT TERM CALL
Nil
INSIDER NEWS
Chartists predict trading band of 8,800-9,880 for the Sensex and 2,700-3,050 for the Nifty.
Strong bearishness indicated if indices trade below 9,140 and 2,800 levels. Contemplate short term buying if indices trade above 9,700 and 2,960 levels.
For the indices, supports are at 9,140 and 8,800 and 2,750 and 2,680. Below 8,800 a sharp down move of 1,000 points is not ruled out.
On macro level, falling inflation number and lower crude oil prices are good tidings but in near term the IIP data and Q3 results will determine the direction of the markets.
While the government's intervention on Satyam offers hope, avoid fresh positions in the scrip and use any sharp upmoves to exit.
Post-Satyam episode focus is on companies “showing high growth but with low promoter stake”. Tele Data, Orchid, IVRCL, Era Infra, Great Offshore, Mercator Lines, ICSA, Northgate, Ta-nla Solutions and NCC are only some examples of ma-ny companies showing consistent growth but whose promoters were seen continuously diluting their stake over the last few quarters.
Use the present correction to accumulate sugar counters like Shree Renuka, Bajaj Hindustan and Triveni for sweet gains in medium term.
Swings in low priced momentum cou-nters like Nagarjuna Fert, Chambal, Noida Toll and HCC are attracting traders.
LASTLY IIP NO'S FOR THE MONTH OF DEC WILL BE ANNOUNCED AND IT IS LIKELY -VE AND DAMPEN THE MARKET SENTIMENT AND MAY DRAG MARKET ANOTHER 500 POINTS IN SENSEX AND 100+ POINTS IN THE NIFTY
Total Profit of the day = 1250/-
Total Profit till date 32695/- (for more details check out announcements section or contact desidata@inbox.com )
Admin
Dd