Friday, April 23, 2010

 Pre Market Calls 23rd April

PRE - MARKET CALLS

1. Nifty Fut  >> Closed at 5265.40
  • Buy above 5300 > Target 1 - 5332 > Target 2 - 5365 > Target 3 - 5390 > Target 4 - 5399
  • Sell below 5231 < Target 1 - 5207 < Target 2 - 5198 < Target 3 - 5181 > Target 4 - 5155
2. Reliance >> Closed at 1075.85
  • Buy above 1088 > Target 1096 -  > Target 2 - 1100 > Target 3 - 1117
  • Sell below 1064 < Target 1 - 1052 < Target 2 – 1041 < Target 3 – 1032
3. Infosys >> Closed at 2715
  • Buy above 2734 > Target 1 - 2753 > Target 2 - 2773 > Target 3 - 2785
  • Sell below 2696 < Target 1 - 2684  < Target 2 – 2677 < Target 3 – 2655
4. LT >> Closed at 1572
  • Buy above 1585 > Target 1 - 1589 > Target 2 - 1598 > Target 3 - 1612
  • Sell below 1559 < Target 1 - 1551 < Target 2 – 1546 < Target 3 –1530
5. ICICI Bank >> Closed at 941.55
  • Buy above 950 > Target 1 - 953 > Target 2 - 958 > Target 3 - 967
  • Sell below 933< Target 1 - 929 < Target 2 – 925 < Target 3 – 917
 6. SBIN >> Closed at 2215
  • Buy above 2261 > Target 1 - 2281 > Target 2 - 2307 > Target 3 - 2315
  • Sell below 2169 < Target 1 - 2148 < Target 2 – 2123 < Target 3 – 2115
7. LIC Housing >> Closed at 884
  • Buy above 893 > Target 1 - 900 > Target 2 - 908 > Target 3 - 918
  • Sell below 875 < Target 1 - 865 < Target 2 – 857 < Target 3 – 850
8. Maruti >> Closed at 1378
  • Buy above 1388 > Target 1 - 1397 > Target 2 - 1406 > Target 3 - 1413
  • Sell below 1368 < Target 1 - 1361 < Target 2 – 1355 < Target 3 –1343
9. Ster >> Closed at 801.10
  • Buy above 807 > Target 1 - 811 > Target 2 - 815 > Target 3 - 822
  • Sell below 795 < Target 1 - 790 < Target 2 – 786 < Target 3 – 780

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. STOP LOSS FOR ALL THE ABOVE POSITIONS ARE .8% to .5% as per risk AT THE COST PRICE
  6. End of RULES which are must to follow & wish you all Good Luck.
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