Pre Market Calls 18th May 2010

PRE - MARKET CALLS

PRE - MARKET CALLS

1. Nifty Fut  >> 5058.02

• Buy above 5089 > Target 1 – 5101 > Target 2 - 5120 > Target 3 - 5171 > Target 4 - 5200
• Sell below 5027 < Target 1 - 5010 < Target 2 - 4996 < Target 3 - 4945 > Target 4 - 4920

2. Reliance >> 1014.3

• Buy above 1021 > Target 1025 -  > Target 2 - 1028 > Target 3 - 1040
• Sell below 1007 < Target 1 - 1003 < Target 2 – 1000 < Target 3 – 989

3. SBIN >> 2250

• Buy above 2286 > Target 1 - 2300 > Target 2 - 2322 > Target 3 - 2381
• Sell below 2214 < Target 1 - 2195 < Target 2 – 2178 < Target 3 – 2119

5. ICICI Bank >> 899.25

• Buy above 905 > Target 1 - 909 > Target 2 - 911 > Target 3 - 921
• Sell below 893 < Target 1 - 887 < Target 2 – 880 < Target 3 – 877

6. STER >> 698

• Buy above 706 > Target 1 - 711 > Target 2 - 715 > Target 3 - 728
• Sell below 690 < Target 1 - 687 < Target 2 – 681 < Target 3 – 668

7. TATA Motor >> 788

• Buy above 797 > Target 1 - 802 > Target 2 - 806 > Target 3 - 820
• Sell below 779 < Target 1 - 775 < Target 2 – 770 < Target 3 – 756

8. Nifty Spot >> 5059.9

• Buy above 5095 > Target 1 - 5114 > Target 2 - 5130 > Target 3 - 5188
• Sell below 5025 < Target 1 - 5013 < Target 2 - 4989 < Target 3 - 4932

9. BHEL >> 2316.7

• Buy above 2337 > Target 1 - 2353 > Target 2 - 2359 > Target 3 - 2390
• Sell below 2297 < Target 1 - 2277 < Target 2 – 2260 < Target 3 – 2244

DISCLOSED AT 6:30 PM AFTER MARKET HOURS

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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