Wednesday, October 15, 2008

Sell SBI at Rs1502 with SL of Rs1595 for target of Rs1390, 1350 (levels as per cash)

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L&T Q2 profit at Rs461cr - reports

L&T Q2 profit at Rs461cr (up 32%) and
revenue at Rs7840cr (up 40%)

Buy and Hold LNT for delivery for 365 days, for magical returns, for entry and exit JoIN uS ..

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Key Results Today ..


CMC, CONCOR,
Electrosteel Castings,
HCL Tech,
ICSA, Kavveri Telecom,
LG Balakrishnan,
TTK Prestige
Sanwaria Agro
and
L&T
.

FIIs were net buyers of Rs8.98bn

FIIs were net buyers of Rs8.98bn (provisional) in the cash segment on Tuesday while the local institutions pulled out Rs2.5bn. In the F&O segment, the foreign funds were net buyers at Rs17.47bn. On Monday, FIIs were net sellers of Rs8.42bn in the cash segment, taking their total outflows this year to more than $10.8bn.

Pri Market Commentary ..

Today, we expect a cautious to flat opening given the reversals in global markets and skepticism over the string of bailout plans. We also have to factor in the substantial weakness in the domestic economic fundamentals and a slowdown in the earnings growth momentum. Also, experts are not sure whether world stock markets hit a bottom last week, and if the global economy can avert a recession.

Stay cautious and not get carried away by any sort of a rally like on Monday. Moreover, do not get lost in the maze of ‘expert views’ and daily movements in the markets. Stick to basics and take your call based on your own risk appetite, long-term goals and of course purchasing power. To put it simply, if you have the money and the time to wait, go ahead and purchase at lower levels.

Pre Market Ideas !!

Sell Cipla
Buy Amtek Auto

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Pre Market Intraday Calls !!

Sell ACC
Sell Orchid
Sell Jet Air

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Nifty (3519) Sup 3450 Res 3570

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Tuesday, October 14, 2008

सेन्सेक्स (11483.40) 174.31 अंक चढ्कर, निफ्टी (3518.65) 27.95 अंक चढ्कर, बंद....

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SELL ACC Oct Futs at Rs552 with SL of Rs ??? for tgt of Rs ??? (levels as per cash)GET ENTRIY AND EXIT GET PAID !!!

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Our Sell Nifty 3800 CALL initiated at Rs72 is going strong. Currently trading at Rs48.

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Book profit partially in LITL at Rs183, initiated yesterday around the levels of Rs172

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European markets are trading higher with FTSE Index up by 3.7%, CAC Index up by 4.4% and DAX Index up by 3.5%

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Sell Nifty 3800 OCT Call @ Rs72 or more.

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Sell Nifty 3800 OCT Call @ Rs72 or more. Unwind position when Premium falls or cover by going Long in Nifty OCT Future on it breaching 3800 level in Cash

Book Profit in SHORT call of Orchid Chem Fut at 184.90 and below, position closed

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Market Alert ...


Tonight further rate cut might being announced,
Nifty may test 4000 plus may be on this week only,
avoid going short.

Trail SL in Orchid Chem Oct Futs to Rs185 and trade safe

Our SMS to paid clients was ...

"Sell Orchid Chem Oct FUTS at Rs194 with SL of Rs202 for target of Rs175"


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Chidambaram says global central Bank have boosted confidence.

RBI to meet Prime Minister this evening

Our short term call on LNT given around 850-900 is trading strong at 1077.90, hold for 1100-1300 short term

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