Thursday, September 17, 2009

Hello everyone... Hope you guys are enjoying the recommendations given by Namit and myself. All our calls were on fire..

It's good to see Intraday recommendations posted by Namit are achieving the targets daily. Great going Namit.

All the weekly positional calls posted for this week were on fire..
It was clearly mentioned in my last post on sunday that banking stocks would be on fire this week. See all banking stocks that I recommended in weekly picks have met the targets and have rallied much above the targets..

Tata Motors 560 CA on fire
I had also mentioned one Risky option call for this week i.. Buy Tata motors 560 CA @ 20 for a target of 50.. today it gave a closing of 53. More then 100% return in 3 days.
People who are still holding the 560 CA can sell it tomorrow at around 60 rs

One more risky option call for 2-3 days:
Buy IFCI 60 CA Sept @1.90 target 2.75-3 Rs SL 1.20. Since we are near expiry please adhere to SL very strictly.

Intraday calls for 17Sep09
Buy ratnamani metals @113 target 120
Buy Rajoo Engineers @116 target 120
Buy tata motors @604-605 target 616-620

Positional calls for few days
Buy Indain bank @164 target 185
Buy Jindal steel and power @632-634 target 710+

Happy trading.. All the best!

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