Wednesday, October 7, 2009

 Treasure Hunting Map ( Stocks ) - 7th Oct

Hello Pirates
The Stocks which we have selected for the session are as follows : -

Reliance Industries

Buy above 2144 - 2158 - 2173 - 2188 - 2202 - 2216 SL - 2115

Sell below 2100 - 2086 - 2072 - 2057 - 2042 - 2020 SL - 2112

Magic Levels : - 2160 - 2144 & 2113 - 2097

IVRCL INFRA

Buy above 377 - 390 - 397 - 404 SL - 371

Sell below 357 - 351 - 344 - 331 SL - 364

Magic Levels : - 385 - 378 & 363 - 356


ABAN Offshore

Buy above 1634 - 1653 -1670 - 1686 SL - 1620

Sell below 1610 - 1598 - 1562 - 1542 SL - 1625

Magic Levels : - 1660 - 1640 & 1600 - 1580

 Areva T&T


 Buy above 313.50 - 316 - 321 - 326 SL - 307

Sell below 306 - 301 - 296 - 291 SL - 311

Hindalco

Buy above 128.15 - 130.70 - 135.50 SL - 123

Sell below 122.08 - 120.80 - 116.30 SL - 126.40

Tata Steel

Buy above 520.14 - 523.70 - 527.70 - 534.15 SL - 513.30

Sell below 502.80 - 499.40 - 485.40 - 481.90 SL - 508.80

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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