Pre Market Calls 26th May 2010

PRE - MARKET CALLS 

1. Nifty Fut  >> 4809.75

• Buy above 4834 > Target 1 – 4841 > Target 2 - 4858 > Target 3 - 4898 > Target 4 - 4912
• Sell below 4785 < Target 1 - 4775 < Target 2 - 4761 < Target 3 - 4721 > Target 4 - 4700

2. Reliance >> 986.4

• Buy above 998 > Target 1004 -  > Target 2 - 1010 > Target 3 - 1029
• Sell below 975 < Target 1 - 971 < Target 2 – 963 < Target 3 – 944

3. SBIN >> 2160.10

• Buy above 2183 > Target 1 - 2190 > Target 2 - 2205 > Target 3 - 2242
• Sell below 2138 < Target 1 - 2130 < Target 2 – 2115 < Target 3 – 2078

4. LT >> 1557.8

• Buy above 1578 > Target 1 - 1586 > Target 2 - 1598 > Target 3 - 1631
• Sell below 1538 < Target 1 - 1533 < Target 2 – 1518 < Target 3 – 1485

5. ICICI Bank >> 811.4

• Buy above 817 > Target 1 - 822 > Target 2 - 830 > Target 3 - 835
• Sell below 806 < Target 1 - 801 < Target 2 – 793 < Target 3 –786

6. Ster >> 602,8

• Buy above 611 > Target 1 - 615 > Target 2 - 619 > Target 3 -632
• Sell below 595 < Target 1 - 592 < Target 2 - 587 < Target 3 -574

DISCLOSED AT 1:05 AM 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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