Pre Market Calls 16th April 2010

PRE - MARKET CALLS

1. Nifty Fut  >> Closed at 5275

• Buy above 5305 > Target 1 - 5326 > Target 2 - 5335 > Target 3 - 5384 > Stop Loss - 5273
• Sell below 5245 < Target 1 - 5236 < Target 2 - 5215 < > Target 3 - 5166 Stop Loss - 5276

2. HDFC LTD >> Closed at 2683.95

• Buy above 2714 > Target 1 - 2736 > Target 2 - 2744 > Target 3 - 2793 < Stop Loss –2698
• Sell below 2654 < Target 1 - 2646 < Target 2 – 2624 < Target 3 – 2575 < Stop Loss - 2670

3. HDFC Bank   >>  Closed at 1948

• Buy above 1956 > Target 1 - 1961 > Target 2 – 1965 > Target 3 - 1979 > Stop Loss - 1945
• Sell below 1940 < Target 1 - 1936 < Target 2 - 1931 < Target 3 - 1917 > Stop Loss - 1951

4. Jindal Steel & Power  >>  Closed at 733

• Buy above 737 > Target 1 - 741 > Target 2 - 747 > Stop Loss - 732
• Sell below 729 < Target 1 - 725 < Target 2 - 719 < Stop Loss - 734

5.  Reliance >>  Closed at 1092.2

• Buy above 1105 > Target 1 - 1119 > Target 2 - 1140 > Stop Loss -1099
• Sell below 1079 < Target 1 - 1066 < Target 2 - 1044 < Stop Loss -1086

6. Infosys >>  Closed at 2791

• Buy above 2809 > Target 1 - 2827 > Target 2 – 2856 > Stop Loss - 2792
• Sell below 2773 < Target 1 - 2755 < Target 2 - 2726 < Stop Loss -2790

7. LT >>  Closed at 1566.2

• Buy above 1581 > Target 1 - 1592 > Target 2 – 1596 > Target 3 - 1620 > Stop Loss - 1571
• Sell below 1551 < Target 1 - 1547 < Target 2 - 1537 < Target 3 – 1513 < Stop Loss - 1561

8.  ICICI Bank >>  Closed at 920.15

• Buy above 932 > Target 1 - 939 > Target 2 - 944 > Target 3 - 963 < Stop Loss -926
• Sell below 908 < Target 1 - 904 < Target 2 - 897 > Target 3 - 878 < Stop Loss -914

9. Sail  >>  Closed at 227.85

• Buy above 230 > Target 1 - 232 > Target 2 - 235 > Stop Loss - 228
• Sell below 226 < Target 1 - 224 < Target 2 - 221 < Stop Loss - 227

10. Bank Nifty Futures  >>  Closed at 9352

• Buy above 9416 > Target 1 - 9464 > Target 2 - 9480 > Target 3 - 9584 Stop Loss - 9359
• Sell below 9288 < Target 1 - 9272 < Target 2 - 9224 < Target 3 - 9120 Stop Loss – 9344

11. SBIN >>  Closed at 2054.5

• Buy above 2071 > Target 1 - 2081 > Target 2 - 2088 > Target 3 - 2116 Stop Loss - 2059
• Sell below 2038 < Target 1 - 2031 < Target 2 - 2021 < Target 3 - 1993 Stop Loss -2050

12. Maruti >>  Closed at 1351

• Buy above 1359 > Target 1 - 1367 > Target 2 - 1380 > Stop Loss -1351
• Sell below 1343 < Target 1 - 1335 < Target 2 - 1322 < Stop Loss - 1351

13. Tata Power  >>   Closed at 1333.5

• Buy above 1343 >> Target 1 -1348 > Target 2 - 1353 > Target 3 – 1369 > Stop Loss – 1335
• Sell below 1324 < Target 1 - 1319 < Target 2 - 1314 < Target 3 – 1298 Stop Loss – 1332

14. Hero Honda >>  Closed at 1953

• Buy above 1973 > Target 1 - 1985 > Target 2 - 1992 > Target 3 - 2025 > Stop Loss -1961
• Sell below 1933 < Target 1 - 1926 < Target 2 - 1914 < Target 3 – 1881 > Stop Loss - 1945

15. Aban >>  Closed at 1247

• Buy above 1254 > Target 1 - 1261 > Target 2 - 1273 > Stop Loss -1246
• Sell below 1240 < Target 1 - 1233 < Target 2 - 1222 > Stop Loss - 1247

RULES FOR TRADING

1. All the calls posted above are meant for intra - day trades only.
2. The brake out for long side or short side should hold for 1 min or so as per markets are volatile & a spike either sides can be seen.
3. Book 50% at the first target & hold rest for second target, safe traders are advised to book full at first target & if one has small quantity then should exit at first target it self.
4. Don't take any carry forward positions until its advised to do so, all the trades are strictly intra day trades & never trade bulk.
5. End of RULES which are must to follow & wish you all Good Luck.

Regards

Treasure Captain

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