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Is Nuclear Deal Suitable For Indian Growth?
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Talk about Futures & Options in securities. Discuss Index Futures.

Thread: My Future Calls

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#5 (permalink)

10th June 2008, 10:16 AM

pkapadia

Join Date: Aug 2007

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Targets achieved, more to follow

RELINFRA (fut) touched a 1013 again, went up, then came down to 1005 before settling at 1040.55. UNITECH (fut) also moved to 185, then reluctantly moved further down to 183 levels before bouncing back up to 185.05.

If the market bounces up today (as it seems poised to), one should consider that another shorting opportunity in these two stocks with the earlier targets intact. I believe Sensex may bounce up to 15300 levels before commencing downward journey again. Rupee closing at 42.85 will give more push to IT sector, healthcare.

The ball will bounce around before coming to rest near 13700-14000 levels.

Paresh

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