Pre Market Calls 19th May 2010

PRE - MARKET CALLS

1. Nifty Fut  >> 5063.4

• Buy above 5088 > Target 1 – 5105 > Target 2 - 5126 > Target 3 - 5153 > Target 4 - 5165
• Sell below 5039 < Target 1 - 5020 < Target 2 - 5007 < Target 3 - 4974 > Target 4 - 4950

2. Reliance >> 1021.5

• Buy above 1029 > Target 1034 -  > Target 2 - 1036 > Target 3 - 1047
• Sell below 1014 < Target 1 - 1008 < Target 2 – 1002 < Target 3 – 996

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 >> 891

• Buy above 896 > Target 1 - 901 > Target 2 - 906 > Target 3 - 911
• Sell below 886 < Target 1 - 881 < Target 2 – 877 < Target 3 – 871

6. LT >> 1660

• Buy above 1679 > Target 1 - 1690 > Target 2 - 1698 > Target 3 - 1730
• Sell below 1641 < Target 1 - 1637 < Target 2 – 1625 < Target 3 – 1590

7. TATA Motor >> 775.5

• Buy above 784 > Target 1 - 790 > Target 2 - 794 > Target 3 - 805
• Sell below 767 < Target 1 - 762 < Target 2 – 757 < Target 3 – 746

8. Nifty Spot >> 5066.20

• Buy above 5088 > Target 1 - 5106 > Target 2 - 5122 > Target 3 - 5147
• Sell below 5044 < Target 1 - 5025 < Target 2 - 5006 < Target 3 - 4985

9. Hero Honda >> 1831.85

• Buy above 1843 > Target 1 - 1847 > Target 2 - 1852 > Target 3 - 1873
• Sell below 1821 < Target 1 - 1814 < Target 2 – 1811 < Target 3 – 1791
•  

DISCLOSED AT 9:30 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

www.moneybaghunting.blogspot.com
http://twitter.com/moneybaghunt

Yahoo User ID - moneybaghunt 

Live Conference at www.treasurebag.ning.com