Sunday, August 26, 2012

TRADE ANALYSIS -SHARES (LAST WEEK)




IFCI 
Sell Call Initiated on  21-Aug-12  below Rs. 35
Stock fell 16% to close at Rs 29.25 on Friday .Cabinet okays conversion of IFCI debentures held by government to equity. Govt will convert optionally convertible debentures (OCDs) worth Rs 923 crore in IFCI to equity .Govt's holding in IFCI will become 55.6% post debenture conversion

COALINDIA
Buy call Initiated on 22 –Aug-12  above 355
Stock went up 3.4 % to close at Rs 366.90. DNA reported that company plans buy back of shares and seeks shareholders' nod for the same in its upcoming meeting that is scheduled for September 18.

BRITANNIA
Buy Call initiated on 21- Aug-12 above 470
Stock rose 3.2% to close at Rs 484.75. Madras HC ruled in Britannia's favor in case against GSK Consumer Madras HC says GSK restrained from manufacturing and selling of Horlicks Nutribic trade name

NETWORK 18
Buy Call initiated on 21- Aug-12 above 33.1
Stock gained 3.63% to close at Rs 34.25. The company sold partial stake in bookmyshow.com for Rs 100 crore and will continue to hold 40% stake post stake sale.  Its pre-tax gain stood at Rs 45 crore on bookmyshow.com share sale


Excella day trading system generated Buy/Sell calls on above shares last week. These were few among number of automatically generated calls. Excella users can make use of this facility by subscribing it and they can plan the trades according to the result generated by system

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.