Pre Market Calls 12th May 2010

PRE - MARKET CALLS

1. Nifty Fut  >> 5132.95

• Buy above 5152 > Target 1 – 5163 > Target 2 - 5171 > Target 3 - 5202 > Target 4 - 5210
• Sell below 5114 < Target 1 - 5107 < Target 2 - 5095 < Target 3 - 5064 > Target 4 - 5050

2. Reliance >> 1066.35

• Buy above 1073 > Target 1077 -  > Target 2 - 1082 > Target 3 - 1092
• Sell below 1059 < Target 1 - 1056 < Target 2 – 1052 < Target 3 – 1041

3. LT >> 1543.2

• Buy above 1550 > Target 1 - 1556 > Target 2 - 1563 > Target 3 - 1567
• Sell below 1537 < Target 1 - 1430 < Target 2 – 1427 < Target 3 –1519

5. TATA Power >> 1333

• Buy above 1344 > Target 1 - 1350 > Target 2 - 1354 > Target 3 - 1372
• Sell below 1322 < Target 1 - 1312 < Target 2 – 1302 < Target 3 – 1294

6. STER >> 733.2

• Buy above 742 > Target 1 - 747 > Target 2 - 750 > Target 3 - 763
• Sell below 725 < Target 1 - 717 < Target 2 – 712 < Target 3 – 703

7. TECH M >> 705.95

• Buy above 714 > Target 1 - 721 > Target 2 - 724 > Target 3 - 734
• Sell below 698 < Target 1 - 691 < Target 2 – 686 < Target 3 – 678

8. Nifty Spot >> 5136.15

• Buy above 5158 > Target 1 - 5171 > Target 2 - 5180 > Target 3 - 5216
• Sell below 5114 < Target 1 - 5106 < Target 2 - 5092 < Target 3 - 5056

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

Treasure Bag (Stocks) - Map

Hi Friends

Here we are again with the bag which is going to give you gold :).

We have started a new session also were we would give commodities tips also so be in touch at www.moneybaghunting.blogspot.com for more.

The stocks which we have selected for the session are : -

Buy Ivrcl Infra above 348.70 - 353.42 - 356.43 SL - 343.98, sell below 340.98 - 337.97 - 333.25 SL - 344.50

Buy Tech Mahindra above 808.50 - 832.83 - 847.90 - 862.97 SL - 800, sell below 784.17 - 769.10 - 754.03 - 729.70 SL - 791

buy IFCI above 50.38 - 51.92 - 52.80 SL - 50, sell below 48.83 - 47.95 - 47.07 SL - 49.10

Buy aban above 935.83 - 958.10 - 973.28 - 988.45 SL - 928, sell below 913.55 - 898.38 - 883.20 - 860.93 - 838.65 SL - 920

Buy Hindoilexp above 127.00 - 130.47 - 132.93 - 135.38 - 138.85 SL - 125, sell below 123.53 - 121.08 - 118.62 - 115.15 - 111.68 Sl -125.60

These are some stocks in the map which we have selected, we would like to wish all the Pirates a very all the best and trade with strict stop loss.

Trading in the market involves risk, this information being provided is for educational purpose only, one should take advices from there financial consultants before making any final decisions in there trades, we hold no responsibility, and the trader is trading at there own risk.

Regards

Treasure(Captain)