Monday, July 16, 2007

PowerYourTrade Trading Calls

Trading Calls for 17th July 2007
Ashwani Gujral
Buy Indiabulls with a stop loss of Rs 595 for a target of Rs 770.

Buy Indiabulls with a stop loss of Rs 595 for a target of Rs 770.

Disclosure: Some of our clients may hold positions in these stocks, but quantities would be very small.

Buy Ultratech cement with a stop loss of Rs 880 for a target of Rs 1140.

Buy Ultratech cement with a stop loss of Rs 880 for a target of Rs 1140.

Disclosure: Some of our clients may hold positions in these stocks, but quantities would be very small.

Rajat K Bose
Buy DCB with a stop loss below Rs 112.50 for a target of Rs 120. This is day trading recommendation.

Buy DCB with a stop loss below Rs 112.50 for a target of Rs 120. This is day trading recommendation.

Note: Either on the long side or on the short side if at any moment a counter is not moving beyond an initial or interim target to the final target book profits. Once initial target is crossed, you can use that as your trailing stop-loss level.

Notes:

  • All prices relate to the NSE, unless otherwise mentioned.
  • Calls are based on the previous trading day's price activity.
  • The call is valid for the next trading session only unless otherwise mentioned.
  • Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.
  • Trading involves considerable risk. Trade at your own risk to the extent you are comfortable. The analyst shall not be responsible for any losses incurred for acting on these recommendations.

    Disclosure:The analyst and his family do not have any trades in the securities recommended above at the time of giving this recommendation. His newsletter clients have been recommended the same along with other picks. Traders are requested to adhere to the stop losses very strictly; they are given to be implemented, not ignored. Do not chase a security and take a position where you would be uncomfortable with the stop-loss level. Take a position only when you feel that the risk-reward ratio looks comfortable and favourable for the trade.

  • Buy Orbit Corp with a stop loss below Rs 338 for target of Rs 356 and Rs 361. This is day trading recommendation.

    Buy Orbit Corp with a stop loss below Rs 338 for target of Rs 356 and Rs 361. This is day trading recommendation.



    Note: Either on the long side or on the short side if at any moment a counter is not moving beyond an initial or interim target to the final target book profits. Once initial target is crossed, you can use that as your trailing stop-loss level. Notes:

  • All prices relate to the NSE, unless otherwise mentioned.
  • Calls are based on the previous trading day's price activity.
  • The call is valid for the next trading session only unless otherwise mentioned.
  • Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.
  • Trading involves considerable risk. Trade at your own risk to the extent you are comfortable. The analyst shall not be responsible for any losses incurred for acting on these recommendations.

    Disclosure:The analyst and his family do not have any trades in the securities recommended above at the time of giving this recommendation. His newsletter clients have been recommended the same along with other picks. Traders are requested to adhere to the stop losses very strictly; they are given to be implemented, not ignored. Do not chase a security and take a position where you would be uncomfortable with the stop-loss level. Take a position only when you feel that the risk-reward ratio looks comfortable and favourable for the trade.

  • E Mathew
    Buy Kotak Mahindra Bank with a stop loss of Rs 665 for short term target of Rs 750.

    Buy Kotak Mahindra Bank with a stop loss of Rs 665 for short term target of Rs 750.

    Disclaimer : I, my family members and my group companies do not have any position what so ever in Kotak Mahindra Bank & Federal Bank. These stocks have been recommended to our clients and they may be holding long or short positions in these stocks. Mathew Easow and matheweasow.com gives an unbiased and competent picture of trading opportunities and it does that to the best of its abilities. However, prices can move up as well as down due to number of factors, all of which are impossible for anyone to foresee. THEREFORE, Mathew Easow and matheweasow.com cannot accept any responsibility for any investment decision or trading decision taken by readers and clients on the basis of information contained herein.



    Short Term Target Means - Approximately 3 Months.

    Medium Term Target Means - Anything between 7 - 9 Months.

    Long Term Target Means - Anything above 1 Year. Please follow stop losses very strictly and do not take positions where one is uncomfortable with the stop loss level. Above all Buy or Sell the stock only when the risk - reward ratio vis-a-vis the stop loss is favourable for taking a position.

    Buy Federal Bank on dips with a stop loss of Rs 323 for a target of Rs 345 - Rs 350 (This is an Intraday Recommendation)

    Buy Federal Bank on dips with a stop loss of Rs 323 for a target of Rs 345 - Rs 350 (This is an Intraday Recommendation)

    Disclaimer : I, my family members and my group companies do not have any position what so ever in Kotak Mahindra Bank & Federal Bank. These stocks have been recommended to our clients and they may be holding long or short positions in these stocks. Mathew Easow and matheweasow.com gives an unbiased and competent picture of trading opportunities and it does that to the best of its abilities. However, prices can move up as well as down due to number of factors, all of which are impossible for anyone to foresee. THEREFORE, Mathew Easow and matheweasow.com cannot accept any responsibility for any investment decision or trading decision taken by readers and clients on the basis of information contained herein.



    Short Term Target Means - Approximately 3 Months.

    Medium Term Target Means - Anything between 7 - 9 Months.

    Long Term Target Means - Anything above 1 Year. Please follow stop losses very strictly and do not take positions where one is uncomfortable with the stop loss level. Above all Buy or Sell the stock only when the risk - reward ratio vis-a-vis the stop loss is favourable for taking a position.

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