markettrend766
02-02-2009, 05:31 PM
PROFIT FOR THE MONTH OCTOBER - Rs. 23,500/-
PROFIT FOR THE MONTH NOVEMBER - Rs. 20850/-
PROFIT FOR THE MONTH DECEMBER – Rs 33125/-
PROFIT FOR THE MONTH JANUARY – Rs 43500/-
REVIEW OF INTRADAY CALLS
LITL (BUY) BUY BELOW 114 (Target1) 118(Target2) 129 (Sl) 106 (BUY 200 SHARES)(HOLD FOR ONE WEEK - TARGET 144+)
The stock made low at opening 113.5/- below our buy levels and hit high of 120.9/- breaking target1 and making profit of 4/- per share at Tar1.
Profit of the day = 4 X 200 = 800/-
REVIEW OF MAGIC CALLS
GVK POWER(BUY) BUY BELOW 19 (Target1) 20(Target2) 21.5 (Sl) 17.5 (BUY 1000 SHARES)(HOLD FOR ONE WEEK TARGET - 25+)
The stock reached 19/- at 10:06 hrs and made high of 20/- at 11:46 hrs breaking target1 and making profit of 1/- per share.
Profit of the day = 1 X 1000 = 1000/-
REVIEW OF SHORT TERM CALL
GMR INFRA (BUY) BUY BELOW 73 (SHORT TERM TARGET) 82 (MEDIUM TERM TARGET) 94 (Sl) 62 (BUY 200 SHARES)
The stock reached our buy levels and closed at 71.2/- and is ON for the short term .
INSIDER NEWS
For the week ahead, chartists predict trading range of 8,800-10,200 for the Sensex and 2,700-3,150 for the Nifty. Expect support to the indices at 9,160 and 8,800 and 2,800 and 2,690. Cut longs if Nifty stays below 2,750 on closing basis. Initiate fresh longs if Nifty stays above 2,900-level on closing basis.
Post third-quarter results, low priced counters such as Aluflouride, NCL Industries, Indian Sucrose, Indraprastha Medical and Zee News look attractive at current levels. Buy at current levels for gains in medium term.
Higher volatility in the markets has seen volumes in option segment soaring. Aggressive “put” writing seen at 2,700 and 2,800 strikes of Nifty. Cross of 2,880-2,900 level may trigger heavy short-covering in near term. Consider shorts only below 2,750 level.
Among stock futures that witnessed long build up were 3i Infotech, sugar pack (Balrampur, Triveni and Shree Renuka), JP Associates, Reliance Infra, Reliance Capital, power counters (JP Hydro, NLC and Reliance Power), RIL and Sesa Goa.
Markets sources indicate “sale” of 3i Infotech by parent ICICI Bank after Q4 results. Industry sources tout a price between Rs 65-85 for the company. Accumulate at current levels for steady gains. A short fall in production and ‘expected’ delay in imports of raw sugar kept the punters at sugar counters active. Use declines to buy for further gains in the short-term.
A directive of the Bombay High Court permitting sale of natural gas from KG Basin by RIL at government fixed prices is big boost for user industries from power and fertiliser sectors. GVK Power and GMR Infra are likely beneficiaries. Medium targets for GVK Power and GMR Infra are Rs 32 and Rs 120.
Total Profit/Loss of the day = 1800/-
Total Profit till date 1800/- (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/-
PROFIT FOR THE MONTH JANUARY – Rs 43500/-
REVIEW OF INTRADAY CALLS
LITL (BUY) BUY BELOW 114 (Target1) 118(Target2) 129 (Sl) 106 (BUY 200 SHARES)(HOLD FOR ONE WEEK - TARGET 144+)
The stock made low at opening 113.5/- below our buy levels and hit high of 120.9/- breaking target1 and making profit of 4/- per share at Tar1.
Profit of the day = 4 X 200 = 800/-
REVIEW OF MAGIC CALLS
GVK POWER(BUY) BUY BELOW 19 (Target1) 20(Target2) 21.5 (Sl) 17.5 (BUY 1000 SHARES)(HOLD FOR ONE WEEK TARGET - 25+)
The stock reached 19/- at 10:06 hrs and made high of 20/- at 11:46 hrs breaking target1 and making profit of 1/- per share.
Profit of the day = 1 X 1000 = 1000/-
REVIEW OF SHORT TERM CALL
GMR INFRA (BUY) BUY BELOW 73 (SHORT TERM TARGET) 82 (MEDIUM TERM TARGET) 94 (Sl) 62 (BUY 200 SHARES)
The stock reached our buy levels and closed at 71.2/- and is ON for the short term .
INSIDER NEWS
For the week ahead, chartists predict trading range of 8,800-10,200 for the Sensex and 2,700-3,150 for the Nifty. Expect support to the indices at 9,160 and 8,800 and 2,800 and 2,690. Cut longs if Nifty stays below 2,750 on closing basis. Initiate fresh longs if Nifty stays above 2,900-level on closing basis.
Post third-quarter results, low priced counters such as Aluflouride, NCL Industries, Indian Sucrose, Indraprastha Medical and Zee News look attractive at current levels. Buy at current levels for gains in medium term.
Higher volatility in the markets has seen volumes in option segment soaring. Aggressive “put” writing seen at 2,700 and 2,800 strikes of Nifty. Cross of 2,880-2,900 level may trigger heavy short-covering in near term. Consider shorts only below 2,750 level.
Among stock futures that witnessed long build up were 3i Infotech, sugar pack (Balrampur, Triveni and Shree Renuka), JP Associates, Reliance Infra, Reliance Capital, power counters (JP Hydro, NLC and Reliance Power), RIL and Sesa Goa.
Markets sources indicate “sale” of 3i Infotech by parent ICICI Bank after Q4 results. Industry sources tout a price between Rs 65-85 for the company. Accumulate at current levels for steady gains. A short fall in production and ‘expected’ delay in imports of raw sugar kept the punters at sugar counters active. Use declines to buy for further gains in the short-term.
A directive of the Bombay High Court permitting sale of natural gas from KG Basin by RIL at government fixed prices is big boost for user industries from power and fertiliser sectors. GVK Power and GMR Infra are likely beneficiaries. Medium targets for GVK Power and GMR Infra are Rs 32 and Rs 120.
Total Profit/Loss of the day = 1800/-
Total Profit till date 1800/- (for more details check out announcements section or contact desidata@inbox.com )
Admin
Dd