Pre Market Calls 13th May 2010

PRE - MARKET CALLS

1. Nifty Fut  >> 5150.2

• Buy above 5174 > Target 1 – 5185 > Target 2 - 5198 > Target 3 - 5216 > Target 4 - 5236
• Sell below 5127 < Target 1 - 5119 < Target 2 - 5103 < Target 3 - 5085 > Target 4 - 5064

2. Reliance >> 1080.5

• Buy above 1087 > Target 109 -  > Target 2 - 1098 > Target 3 - 1106
• Sell below 1074 < Target 1 - 1067 < Target 2 – 1060 < Target 3 – 1055

3. SBIN >> 2321.6

• Buy above 2337 > Target 1 - 2346 > Target 2 - 2353 > Target 3 - 2379
• Sell below 2306 < Target 1 - 2301 < Target 2 – 2290 < Target 3 – 2265

5. ICICI Bank >> 914.2

• Buy above 919 > Target 1 - 924 > Target 2 - 927 > Target 3 - 932
• Sell below 909 < Target 1 - 905 < Target 2 – 902 < Target 3 – 897

6. STER >> 725.95

• Buy above 732 > Target 1 - 738 > Target 2 - 741 > Target 3 - 747
• Sell below 720 < Target 1 - 714 < Target 2 – 710 < Target 3 – 705

7. Aban >> 1031

• Buy above 1040 > Target 1 - 1049 > Target 2 - 1055 > Target 3 - 1064
• Sell below 1022 < Target 1 - 1013 < Target 2 – 1005 < Target 3 – 998

8. Nifty Spot >> 5156.65

• Buy above 5177 > Target 1 - 5186 > Target 2 - 5197 > Target 3 - 5231
• Sell below 5136 < Target 1 - 5127 < Target 2 - 5116 < Target 3 - 5083

9. BHEL >> 2370

• Buy above 2383 > Target 1 - 2396 > Target 2 - 2408 > Target 3 - 2417
• Sell below 2357 < Target 1 - 2348 < Target 2 – 2344 < Target 3 –2323

10. Axis Bank >> 1288

• Buy above 1306 > Target 1 - 1313 > Target 2 - 1325 > Target 3 - 1355
• Sell below 1270 < Target 1 - 1259 < Target 2 – 1251 < Target 3 – 1221

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. Don't initiate the call when the execution is after 3 pm may be the target wont hit as per lack of time & don't initiate below 9:05 AM.....
7.  End of RULES which are must to follow & wish you all Good Luck.

Regards

Treasure Captain

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