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Market Sept 04 , 2008

By Abhishek on 12:09 AM

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Dreamrun

Indian Market rallied on the weaking of Crude prices.. On the news of hurricane Gustav falling to catagory 1 and by that Oil companies will not hit too much.. crude softned to $105.46  mark.. On this news most of the Indian and world market rallied. On last trading day , Tuesday NSE Nifty made a dream run of 155.35 points or 3.57% settled at 4504 and BSE Sensex  made a woophing gain of 551.35 points or 3.8% settled at15,049.86 . Rupee also touched a 44.51 mark against dollar.  

Sectorial 

All indices closed in deepgreen while the Bankex and Realty index was the star performer of the day. Both of them were up by 6% and 7.3% respectively. Star performen of the day was SBIN and ICICI bank ..  and loser of the day was Ranbaxy and TATA Motors.  both of them was down abt 2% at the end of the day.

Call performance for the 02 - 09 - 2009 

Pre-Market -  mentiond in site in morning

SBIN - Buy SBIN at 1416 tgt 1435 - 1443 sl 1399 .   Awesome gain touched 1548 and closed @ 1523.00 acheiving both of the targets 

EVERONN - Buy EVERONN @ 550 tgt 578 - 592 sl 536 .  made a high of 584.90 and finally closed @ 550  levels .. we think most of traders buked profit in this couunter.

PNB - Buy PNB @ 487 tgt 493 sl 483.  Out of World profit from PNB .. made high of 522.95 and finally closed @ 515.95 ..  acheiving both of targets 

on Yahoo!! Messenger 

Alert  issued on Chambal Fert @ 73.10 made high of Rs. 77.10 and finally closed @ 75.70 . asked day traders to buk profit @ 74.25 and Investor to hold this scrip.

Alert Issued on HCC @ 94.6 made high of 100.40 and finally closed @ 99.15. Adviced to buk prfit @ 98.35 levls..   

Call Issued to Paid Clients 

  • All Free Calls +
  • McDOwell @ 1355 exited @ 1357 ( no movement )
  • RNRL @ 94.5 adviced to exit @ 96.50
  • HDIL @ 306 adviced to exit @ 317 
  • JP ASSOS @ 167 , adviced to exit @ 171 -172
  •  Chambal for Positional Target.... 

Weekly Call Performance 

Satyam Comp , Bank of Indian already acheived their respective tgt1 , on tuesday tgt2 also acheived .. To know more read here Satyam high 437.15 and Bank India high 289.00

Buy Infosys @ 1725 sl 1690 ( on closing ) target 1790 - 1828 - made high of 1782 and finally closed @ 1775.25 , we beleive call is closed from our end.

Buy PunjLloyd @ 290 - 295 sl 287 ( strict sl ) target 316 - 322 - made high of 315.45 , we beleive call is closed from our end.

Buy IFCI @ 44.20 sl 43.25 (variable sl )target 47-49.50 - made high of 47.35 and closed @ 46.40 , we believe call is closed from our end. 

All Technicals call for the week is been acheived in just 2 days... We closed all call because , we believe  after this gain, a possible profit booking will be happen.. So , we are closing all call...  

Calls for Sept 04 , 2008

No Pre- Market call is generated for tomorrow.. but keep and eye on chambal on longs & JP assosiates  on shorts

 
Calculate our profit , we will not say how much u earn by our call.. bcz we dunt know ur trading capital ,  trading risk , ur risk management so , we cant calculate ur profit. 

Chambal Fert Stories... 

Chambal Fertiliser is a company of a renowed industralist Lt. K . K . Birla. Who passed away few days ago.  ............. mailed to all clients.. anyone those who need ,, please buzz @ helpdesk@tradingideas.in .. we will send u a mail as soon as possible... 

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Open a Brokerages A/c with us in minimum brokerages and charges . Funding and Leverage will be provided by us . Call to know more 9933964704 or email trade@tradingideas.in 



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