The week ended...Sep 7th 2007

Last week was excellent. The following is the follow up to last weeks' calls.

Arvind mill - Crossed both targets
Ashok Leyland - Not enough momentum, but target 1 still crossed
Escorts - Target 2 achieved
IDFC - we gave a target of 137, it reached 136. Good profits here too
TCS - No trade. Could not break 1075 decisively.
Reliance communication - While the level 544 was breached, hardly any momentum to reach 555. However made a mid-week high of 550
SBI - Broke 1617 and raced to 1653. But market pulled it down on friday. Nevertheless, it was profit for the week and it has closed exactly at out level of 1617 for the week.
Tata motors - Stop Loss triggered.
Zee Telefilms - Target 2 achieved
IFCI - Target achieved on day one itself
SRF - Target given 145-150. Reached a high of 147 on friday.
IVRCL - Broke 400 as given, but came back to 390 levels.
CIPLA - Not enough mometum, but it went to 187 straight from 181, we booked a profit of 6rs per lot.
IDBI - For those picked up at 130, it was an excellent week. It moved up till 140. We are still positive on this counter and has the potential to break 150 soon.

Overall it was a fantastic week to cherish. Hope you all made good money.