Pre Market Calls 28th May 2010

PRE - MARKET CALLS 

1. Nifty Fut  >> 5004

• Buy above 5033 > Target 1 – 5050 > Target 2 - 5061 > Target 3 - 5080 > Target 4 - 5108
• Sell below 4975 < Target 1 - 4956 < Target 2 - 4947 < Target 3 - 4925 > Target 4 - 4900

2. Reliance >> 1024.55

• Buy above 1032 > Target 1035 -  > Target 2 - 1039 > Target 3 - 1051
• Sell below 1017 < Target 1 - 1013 < Target 2 – 1010 < Target 3 – 998

3. LT >> 1625

• Buy above 1634 > Target 1 - 1638 > Target 2 - 1644 > Target 3 - 1659
• Sell below 1616 < Target 1 - 1606 < Target 2 – 1600 < Target 3 – 1591

4. ICICI Bank >> 860

• Buy above 869 > Target 1 - 873 > Target 2 - 877 > Target 3 - 892
• Sell below 851 < Target 1 - 846 < Target 2 – 843 < Target 3 – 828

5. Ster >>621

• Buy above 655 > Target 1 - 658 > Target 2 - 664 > Target 3 -679
• Sell below 637 < Target 1 - 633 < Target 2 - 628 < Target 3 -613

DISCLOSED AT 9 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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