Thursday, October 22, 2009

 Treasure Hunting Map ( Stocks) - 23rd

Hello Pirates

The stocks which we have selected for the hunt are as follows : -

Reliance Industries

Buy above 2142 - 2155 - 2166 - 2185 SL - 2134

Sell above 2115 - 2105 - 2094 - 2082 SL - 2123

Magic Levels for Long Side above 2162 - 2112 & Short Side below 2145 - 2095

Ivrcl Infra

Buy above 395 - 400.55 - 409.48 - 418.40 SL - 390

Sell above 374 - 369.30 - 362.60 - 355.90 SL - 378.90

Magic Levels for Long Side above 400 - 374 & Short Side below 391 - 366

HCL Tech

Buy above 330 - 333.03 - 335.30 - 337.50 SL - 326

Sell above 325 - 322.03 - 318.80 - 315.57 SL - 328

Magic Levels for Long Side above 335 - 325 & Short Side below 332 - 322

ITC

Buy above 249 - 252.40 - 253.93 - 255.50 SL - 246

Sell above 243.77 - 241.75 - 239.73 - 238.20 SL - 247.50

Magic Levels for Long Side above 252 - 246 & Short side below 250 - 244

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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