Thursday, October 15, 2009

 Treasure Hunting Map ( Stocks ) - 16th

Hello Pirates

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

Reliance Industries

Buy above 2196 - 2206 - 2224 - 2242 SL - 2188

Sell below 2160 - 2149 - 2139 - 2129 SL - 2169

Magic levels for long side above 2202 - 2155 & short side below 2186 - 2139

IVRCL Infra

Buy above 412 - 418.73 - 425.15 - 431.45 SL - 407

Sell below 402.40 - 398.18 - 394.33 - 390.47 SL - 409

Magic levels for long side above 417 - 400 & short side below 412 - 395

Jindal Steel & Power Ltd

Buy above 720 - 729 - 737 SL - 710

Sell below 690 - 681.75 - 670.13 SL - 698

Magic levels for long side above 727 - 694 & short side 716 - 683

Escorts

Buy above 127.30 - 133.03 - 136.15 - 139.27 SL - 124

Sell below 116.33 - 111.10 - 105.87 - 102.75 SL - 120

Magic Levels for long side above 136 - 122 & short side below 131 - 118

Bharat Forge

Buy above 300 - 304.73 - 310.33 - 315.92 SL - 296

Sell below 290.86 - 285.78 - 281.60 - 276.50 SL - 297

Magic levels for long side above 304 - 288 & short side below 299 - 283

Essar Oil

Buy above 166.25 - 170.10 - 173 SL - 163

Sell below 160.45 - 158.55 - 156 SL - 164

Magic levels for long side above 168 - 162 & short side below 166 - 160

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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