Market Sept 04 , 2008

By Abhishek on 4:52 PM

Filed Under: ,

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
Get Trading call by sms , send "JOIN TradingIdeas" to 567678 from ur mobile

Market Today : Choppy

Indian market today finally closed in down after last day huge run. On weak Asian and US market clues , market opned on lower side and till the end of the session traded in lower side of the day. Some how market tried to pullback but it couldnot as there was a profit booking also happening on the market on the same time.. 


Paid service is started again. Those who are intrested please registred ur name by calling 9333142627

Sensex shuts shop with loss of 150.76 points, or 1.00% at 14,899.10. The Broader Index NSE Nifty closed in southwards for 56.25 points, or 1.25% at 4,447.75 . BSE Oil , Gas, Realty, FMCG index were the top losser in sectorial while IT , Auto and Healthcare were among gainers on sectorial basis. 

Call Performance.... 

Pre - Market to all free members 

Short JP ASSOS - Executed @ 172.3 ,, covred at 169.5 .. Profit of Rs2.80 / share 

Long Chambal - Executed @ 73.8 ,, covred @ 74.3 .. profit of Rs0.50 / share 

Fundamentals Ideas - given under weekly w atch on Sept 01 , 2008

  • Accumulate GAIL on dips for a unconditional target of Rs 430 , keep a sl at 350 on closing basis. CMP - 384 , Risk - Average  

today high 424 and fianlly closed @ 420.55 ... giving Rs36 gain on just 3 trading session..

CAll Given to Paid Members

  • Buy TATA POWR @ 1073 sl 1065 tgt 1085 / 1094
  • Buy IFCI @ 45.10 sl 44.30 tgt 46.20
  • Buy Nifty Future @ 4448 sl 4429 tgt 4468 -4488 

All call tgt acheived in Intraday. 1 call given as a BTST ,,,

Buy Petronet @ 61.50 sl **** , tgt **** . 

Turnover on 25th August , 2008  

NSE Cash - Rs. 14181.24 BSE Cash - Rs. 6407.38 NSE Future - Rs.58889.38

Arbitrage Opportunitie NSE >>>> BSE

Only One call ,,, Almondz CApital... keep an eye on this stock for Arbitrage..  

CAlls & Strategy for September 05 , 2008

  •  Buy Petronet @ 62 sl 61.05 tgt 63 - 64.5
  • Buy Nitin Fire @ 318 sl 314 tgt 326 
  • Short AXIS Bank @ 736 sl 750 tgt 720 - 706

For more call  join our paid service...  

We beleive , that market tommorrow will be highly flactute on outcome of NSG metting. We beleive this deal will done on some condition. Lots of buying happening happen in Pwer stock in start of the day. So market is also thinking positivness of this deal.  Inflation is also dipped from last week ,, so there will be a effect of inflation also on the markets... first let market to take decision then decide what to do.. when there is no clearity.... 

Important News for Sept 05 ,  2008

  • Inflation dropped to 12.34 % on week - on - week basis from 12.40 % 
  • There will be metting held with NSG member today for India Nuclear Fuel

 

------------------------------------------------------------------------------------------------------


untitled2

U can reach me on Trading Ideas mail   or in   Yahoo here
______________________________________________________
To Get Emails from us to ur Inboz directly .... Click HerE

To Get Free Research Report From us .. Simply Join our Forum       
http://forum.tradingideas.in/

To download Trading Ideas Toolbar ... Click HerE

We are again starting our next run of paid service. Those who are intrested please registred ur name by calling 9333142627 .  

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 



If you enjoyed this post, make sure you subscribe to my regular Email Updates!

0 comments for this post

Post a Comment

 Web Site Hit Counter Site Meter