Pre Market Calls 27th May 2010

PRE - MARKET CALLS 

1. Nifty Fut  >> 4917

• Buy above 4937 > Target 1 – 4956 > Target 2 - 4967 > Target 3 - 4988 > Target 4 - 5000
• Sell below 4897 < Target 1 - 4885 < Target 2 - 4878 < Target 3 - 4846 > Target 4 - 4825

2. Reliance >> 1007.2

• Buy above 1012 > Target 1015 -  > Target 2 - 1018 > Target 3 - 1026
• Sell below 1002 < Target 1 - 997 < Target 2 – 995 < Target 3 – 988

3. SBIN >> 2172

• Buy above 2181 > Target 1 - 2187 > Target 2 - 2191 > Target 3 - 2206
• Sell below 2163 < Target 1 - 2157 < Target 2 – 2153 < Target 3 – 2138

4. LT >> 1611.5

• Buy above 1625 > Target 1 - 1630 > Target 2 - 1638 > Target 3 - 1660
• Sell below 1598 < Target 1 - 1592 < Target 2 – 1585 < Target 3 – 1563

5. ICICI Bank >>848

• Buy above 856 > Target 1 - 859 > Target 2 - 864 > Target 3 - 878
• Sell below 840 < Target 1 - 835 < Target 2 – 832 < Target 3 – 818

6. Ster >>621

• Buy above 628 > Target 1 - 635 > Target 2 - 640 > Target 3 -646
• Sell below 614 < Target 1 - 610 < Target 2 - 607 < Target 3 - 596

7. TECH M >>  632.9

• Buy above 628 > Target 1 - 635 > Target 2 - 640 > Target 3 -646
• Sell below 625 < Target 1 - 621 < Target 2 - 617 < Target 3 -603

DISCLOSED AT 10:15PM 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