Friday, December 01, 2006

Trading calls for 01 DEC06

TULIP IT Cash Intra/Deliv BUY@ 464.00 SL-419.00 T1-498-502 T2-512 T3-522 *****
RAIL CALCINING Cash Deliv/Intra BUY@ 49 Sl-45.00 T1-52-52.50 T2-54 T3-55.50 ****

WIPRO Cash Intra/Deliv BUY@ 601.00 SL-581.00 T1-616-18 T2-630 T3-635 ***
CENTURION BK Cash Deliv BUY@ 30.50 SL-28.50 T1-32.50 T2-33 T3-34 ***
WALCHAND NAGAR IND Cash Deliv/Intra BUY@ 976.00 Sl-922.00 T1-1020-25 T2-1060 T3-1100 ***


30-Nov-06 :: Close: Sensex choppy on FNO as is always !

Cautious FNO settlement day; Good economic figures helped sentiment as did global cuesMarket remained ranged through out the day because of FNO settlement day except in the last hour of the day when short covering intensified and helped sensex to close handsomely. Positive Global cues helped the sensex for a good start but inflation concerns and selling in Energy stocks because of cut in Petrol and Diesel prices made the market choppy. ONGC and Reliance were weak all day long. The high volumes during the final hour of trade was triggered by the reports of strong performance of the Indian economy during the second quarter of this fiscal. As reported by the Central Statistical Organisation (CSO), India's GDP growth during the quarter ended September 2006 was around 9.2% which shows that economy continues to do well and that is reflected in the figures.

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