Friday, April 30, 2010

 Pre Market Calls 30th April

PRE - MARKET CALLS


1. Nifty Fut  >> 5254.25
  • Buy above 5263 > Target 1 – 5272 > Target 2 - 5287 > Target 3 - 5296 > Target 4 - 5308
  • Sell below 5245 < Target 1 - 5236 < Target 2 - 5222 < Target 3 - 5213 > Target 4 - 5207
2. Reliance >> 1035.05
  • Buy above 1041 > Target 1046 -  > Target 2 - 1052 > Target 3 - 1056
  • Sell below 1029 < Target 1 - 1024 < Target 2 – 1014 < Target 3 – 1010
3. Nifty Spot >> 5254.15
  • Buy above 5268 > Target 1 - 5282 > Target 2 - 5294 > Target 3 - 5304
  • Sell below 5240 < Target 1 - 5227  < Target 2 – 5204 < Target 3 – 5194
4. LT >> 1599.55
  • Buy above 1608 > Target 1 - 1616 > Target 2 - 1622 > Target 3 - 1630
  • Sell below 1591 < Target 1 - 1583 < Target 2 – 1577 < Target 3 –1570
5. ICICI Bank >> 947.05
  • Buy above 955 > Target 1 - 962 > Target 2 - 968 > Target 3 - 975
  • Sell below 939 < Target 1 - 935 < Target 2 – 932 < Target 3 – 919
 6. SBIN >> 2274
  • Buy above 2288 > Target 1 - 2294 > Target 2 - 2302 > Target 3 - 2324
  • Sell below 2260 < Target 1 - 2254 < Target 2 – 2247 < Target 3 – 2224
7. Tata Power >> 1360.7
  • Buy above 1372 > Target 1 - 1378 > Target 2 - 1383 > Target 3 - 1401
  • Sell below 1350 < Target 1 - 1339 < Target 2 – 1327 < Target 3 – 1321
8. Educomp >> 672.25
  • Buy above 680 > Target 1 - 684 > Target 2 - 688 > Target 3 - 701
  • Sell below 664 < Target 1 - 660 < Target 2 – 656 < Target 3 – 644
9. Ster >> 824.5
  • Buy above 830 > Target 1 - 836 > Target 2 - 842 > Target 3 - 846
  • Sell below 819 < Target 1 - 813 < Target 2 – 810 < Target 3 – 803
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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