EQUITY TIPS ON JANUARY 12, 2010 (TUESDAY)

1.  (9.35):IDBI Bank made the high of 138.75.All TGT completed.  We said on Friday to buy it if it closes above 134.60.Yesterday closing was 134.90.PROFIT 9000/lot.
2. NEWS UPDATE: The November industrial output results will be released today.It is expected to come over 10% due to increased sales in Auto,cement in November.
3. (11:45) Sell ABAN OFFSHORE (JAN FUT) between 1500-1510,TGT's-1488.10/1480.50/1474.50/1460,STOPLOSS-1525.CMP-1499.60
4. (12:47)1st and 2nd target completed in ABAN OFFSHORE (JAN FUT) at 1488.10 and 1480.50.Call initiated at 1499.60.PROFIT on single lot-Rs. 7640 on single lot.
5. (12:54) 3rd target completed in ABAN OFFSHORE (JAN FUT) at 1474.50.CMP-1471.65
6. (12.55): AXIS Bank made the high of 1072. All TGT complete. We ask to BUY it on FRIDAY if t closes above 1020. Yesterday closing was 1047. PROFIT - 20,000 / lot
7. (1.18): BTST Call - BUY SBI BANK. BB: 2197 - 2198. CMP - 2201. TGT - 2208 / 2214 / 2225 / 2238 / 2241 / 2250. SL - 2165.
8. SELL AXIS BANK. BS:1065 - 1068. TGTs: 1052 / 1048 / 1044 / 1041. SL - 1072.20. Risky player sel at CMP - 1060.
9. (1.49): SBI made the high of 2209.90. First TGT completed at 2208. Buy call initated at 2201. CMP - 2209
10. (2.43):STBT.SELL RELIANCE. BS:1090 - 1095.TGTs are: 1078 / 1069 / 1058 / 1045 / 1039. SL - 1111.Risky player sell at at CMP - 1087.
11. (2.51): AXIS BANK made the low of 1047.25. Our 2nd TGT completed. SELL call was initated between 1065 - 1068.Those who have position please book the PROFIT.
12. On Friday 8 Jan 2010 we said that NIFTY has a BEARISH outlook till it stays below 5293.Yesterday it made a high of 5295 and today it made a low of 5201.
13. (3.26): RELIANCE INDUSTRIES made the low of 1077. Our 1st TGT complete. Sell call was initated at 1090.
    

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