Pre Market Calls 5th May

PRE - MARKET CALLS

1. Nifty Fut  >> 5141.85

• Buy above 5172 > Target 1 – 5189 > Target 2 - 5202 > Target 3 - 5218 > Target 4 - 5245
• Sell below 5112 < Target 1 - 5100 < Target 2 - 5081 < Target 3 - 5050 > Target 4 - 5032

2. Reliance >> 1019.20

• Buy above 1026 > Target 1029 -  > Target 2 - 1033 > Target 3 - 1045
• Sell below 1012 < Target 1 - 1008 < Target 2 – 1005 < Target 3 – 994

3. BHEL >> 2460

• Buy above 2475 > Target 1 - 2490 > Target 2504 -  > Target 3 - 2514
• Sell below 2445 < Target 1 - 2435  < Target 2 – 2430 < Target 3 – 2406

4. LT >> 1541

• Buy above 1562 > Target 1 - 1675 > Target 2 - 1583 > Target 3 - 1618
• Sell below 1520 < Target 1 - 1512 < Target 2 – 1499 < Target 3 –1464

5. ICICI Bank >> 916

• Buy above 926 > Target 1 - 931 > Target 2 - 937 > Target 3 - 954
• Sell below 906 < Target 1 - 901 < Target 2 – 895 < Target 3 – 878

 6. SBIN >> 2291

• Buy above 2303 > Target 1 - 2315 > Target 2 - 2324 > Target 3 - 2334
• Sell below 2279 < Target 1 - 2270 < Target 2 – 2260 < Target 3 – 2248

7. LIC >> 951.75

• Buy above 960 > Target 1 - 969 > Target 2 - 979 > Target 3 - 982
• Sell below 943 < Target 1 - 939 < Target 2 – 933 < Target 3 – 921

8. Axis Bank >> 1252.6

• Buy above 1265 > Target 1 - 1271 > Target 2 - 1278 > Target 3 - 1299
• Sell below 1240 < Target 1 - 1234 < Target 2 – 1227 < Target 3 – 1206

9. Ster >> 772.6

• Buy above 784 > Target 1 - 792 > Target 2 - 796 > Target 3 - 815
• Sell below 761 < Target 1 - 757 < Target 2 – 749 < Target 3 –730

10. Nifty Spot >> 5148 .50

• Buy above 5180 > Target 1 - 5199 > Target 2 - 5212 > Target 3 - 5240
• Sell below 5117 < Target 1 - 5105 < Target 2 - 5085 < Target 3 - 5055

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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