Pre Market Calls 4th May 2010

PRE - MARKET CALLS

1. Nifty Fut  >> 5218.45

• Buy above 5230 > Target 1 – 5242 > Target 2 - 5252 > Target 3 - 5261 > Target 4 - 5271
• Sell below 5207 < Target 1 - 5195 < Target 2 - 5176 < Target 3 - 5167 > Target 4 - 5157

2. Reliance >> 1023.95

• Buy above 1028 > Target 1032 -  > Target 2 - 1035 > Target 3 - 1038
• Sell below 1020 < Target 1 - 1016 < Target 2 – 1013 < Target 3 – 1009

3. BHEL >> 2487

• Buy above 2487 > Target 1 - 2497 > Target 2504 -  > Target 3 - 2514
• Sell below 2467 < Target 1 - 2457  < Target 2 – 2448 < Target 3 – 2440

4. LT >> 1592

• Buy above 1600 > Target 1 - 1607 > Target 2 - 1612 > Target 3 - 1620
• Sell below 1584 < Target 1 - 1577 < Target 2 – 1569 < Target 3 –1564

5. ICICI Bank >> 937.05

• Buy above 944 > Target 1 - 951 > Target 2 - 959 > Target 3 - 967
• Sell below 930 < Target 1 - 927 < Target 2 – 923 < Target 3 – 912

 6. SBIN >> 2301.70

• Buy above 2309 > Target 1 - 2317 > Target 2 - 2322 > Target 3 - 2330
• Sell below 2294 < Target 1 - 2286 < Target 2 – 2274 < Target 3 – 2266

7. LIC >> 959.90

• Buy above 966 > Target 1 - 973 > Target 2 - 976 > Target 3 - 983
• Sell below 954 < Target 1 - 947 < Target 2 – 942 < Target 3 – 937

8. Tata Motors >> 857.55

• Buy above 867 > Target 1 - 870 > Target 2 - 877 > Target 3 - 893
• Sell below 848 < Target 1 - 842 < Target 2 – 838 < Target 3 – 823

9. Ster >> 809.90

• Buy above 817 > Target 1 - 823 > Target 2 - 834 > Target 3 - 841
• Sell below 803 < Target 1 - 797 < Target 2 – 793 < Target 3 – 786

10. Nifty Spot >> 5222.75

• Buy above 5242 > Target 1 - 5150 > Target 2 - 5261 > Target 3 - 5291
• Sell below 5204 < Target 1 - 5195 < Target 2 - 5185 < Target 3 - 5169
  

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

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