Wednesday, October 14, 2009

 Treasure Hunting Map ( Stocks ) - 15th Oct

Hello Pirates

The Stocks which we have selected for Treasure Hunt are : -

Reliance Industries

Buy above 2202 - 2212 - 2222 - 2234 SL - 2189

Sell below 2157 - 2145 - 2132 - 2122 SL - 2169

Magic levels to watch out on the long side are 2207 - 2170 & short side are 2195 - 2158

IVRCL INFRA

Buy above 415 - 422 - 431 SL - 408

Sell below 400 - 395 - 386 SL - 407

Magic levels to watch out for on the long side are 427 - 405 & short side are 420 - 398

Jindal Steel & Power

Buy above 680 - 689 - 698 - 708 SL - 666

Sell below 637 - 621 - 604 - 595 SL - 648

Magic levels to watch out for on the long side are 699 - 657 & short side are 685 - 643

Cairn

Buy above 288.90 - 297.10 - 302.95 SL - 282

Sell below 269 - 263 - 257 - 249 SL - 275

Magic levels to watch out for long side are 292 - 275 & short side are 286 - 270

Hindalco

Buy above 136.25 - 139.25 - 141.90 SL - 133

Sell below 131.73 - 128.80 - 126.60 SL - 134.05

Magic levels to watch out for on the long side are 141 - 134 & short side are 139 - 132

Rules to Follow ( MUST READ ) : -

1. The trigger of the buy or sell signal occurs only when the price is above or below the levels mentioned & the price is able to sustain there for a min or so, other wise the a U turn in possible.

2. One has to follow Stop Loss & if the Stop Loss is Hit, exit is must & go for the opposite trend.

3. If the stock has opened at a gap up note, the the Pirate can trade for the next target keeping to Stop Loss of the before target or wait for a dip & right point to follow.

4. Buying is suggested at the trigger price or at the 1st target with a SL of trigger in mind & go for the second target as your main first target, but don't take the second target & keep the forst target as stop loss & go for third target.

5. One who misses the trade can follow the next set of trades which are mentioned just below the calls, one who traded at the first point can also follow the second trend for further gains keeping the stop loss of the second target on screen.

6. The calls above shouldn't be forwarded or copied & pasted at other sites.

7. Trading should be done with free mind & one needs to be patient, & don't rush your trades, follow the levels to trade not the trend of the market.

These are the stock which we have short listed for the session and one can hunt these stocks in options and even in future, they can trade with appropriate stop loss and trade in the session.

Disclaimer : -

The above stocks are my personal views, one may see that trading in the market involves risk and thus one may trade in the stocks at there own risk, we won't hold any responsibility.

Regards

Treasure Captain

www.moneybaghunting.blogspot.com
http://twitter.com/moneybaghunt
Yahoo User ID - moneybaghunt

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