Pre Market Calls 3rd May

PRE - MARKET CALLS

1. Nifty Fut  >> 5262.8

• Buy above 5273 > Target 1 – 5284 > Target 2 - 5301 > Target 3 - 5312 > Target 4 - 5320
• Sell below 5252 < Target 1 - 5242 < Target 2 - 5230 < Target 3 - 5225 > Target 4 - 5212

2. Reliance >> 1031.55

• Buy above 1036 > Target 1041 -  > Target 2 - 1046 > Target 3 - 1049
• Sell below 1027 < Target 1 - 1022 < Target 2 – 1019 < Target 3 – 1014

3. Educomp >> 685

• Buy above 689 > Target 1 - 693 > Target 2 - 699 > Target 3 - 701
• Sell below 681 < Target 1 - 677  < Target 2 – 671 < Target 3 – 668

4. LT >> 1609.5

• Buy above 1616 > Target 1 - 1622 > Target 2 - 1628 > Target 3 - 1633
• Sell below 1603 < Target 1 - 1597 < Target 2 – 1594 < Target 3 –1587

5. ICICI Bank >> 948.2

• Buy above 953 > Target 1 - 958 > Target 2 - 960 > Target 3 - 965
• Sell below 943 < Target 1 - 939 < Target 2 – 936 < Target 3 – 931

 6. SBIN >> 2300

• Buy above 2311 > Target 1 - 2321 > Target 2 - 2328 > Target 3 - 2339
• Sell below 2289 < Target 1 - 2279 < Target 2 – 2270 < Target 3 – 2261

7. LIC >> 955

• Buy above 961 > Target 1 - 967 > Target 2 - 972 > Target 3 - 976
• Sell below 949 < Target 1 - 945 < Target 2 – 940 < Target 3 – 934

8. BHEL>> 2482

• Buy above 2497 > Target 1 - 2510 > Target 2 - 2518 > Target 3 - 2538
• Sell below 2467 < Target 1 - 2463 < Target 2 – 2451 < Target 3 – 2426

9. Ster >> 828

• Buy above 832 > Target 1 - 837 > Target 2 - 841 > Target 3 - 844
• Sell below 824 < Target 1 - 819 < Target 2 – 817 < Target 3 – 812

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.
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