Wednesday, August 8, 2007

PowerYourTrade Midday Trading Calls

Midday Trading Calls for 8th August 2007
Technical Analyst, VK Sharma
Buy DCM Shriram Consolidated around Rs 78.35. Stop Loss at Rs 76. (Intra-day Call)
Buy Selan Exploration Tech around Rs 121. Stop Loss at Rs 118 (Intra-day Call)
Disclaimer: If the stocks open more than 1% higher, then the prices should not be chased.

We have a vested interest in the stocks recommended above. These stocks have been recommended in our Daily news letter as well as Weekly Investment report and to our clients and they may be holding positions in this stock.
Hitendra Vasudeo, stockmechanics.com
Buy SBI above Rs 1745. Stop Loss at Rs 1670 (Intra-day Call)
Buy NTPC at Rs 172-160. Stop Loss at Rs 155. Target of Rs 188 and 223 (Delivery-based Call)
Disclaimer : Intra-day call are of high risk as they are based on instant market movement. If the money and risk is not managed correctly, then traders and short term investors can land up in losses.

We are not responsible for any losses that can occur due to volatility and stop loss violation.

I do not have any personal positions any time on the recommendation made for the intra-day calls. However, it is possible that our Live Market Calls subscriber's could have positions and trading positions without our knowlege and consent. We also dont have any control on our client reverse positions if they have created against our recommendtion. Individual traders, implementers of the trading call are doing it at their own risk. We also dont have any control on our subscriber's positions.

Traders are advised to check their cost in long and short trades and ke ep taking profits irrespective of our targets. What matter is trading profits therefore check cost and keep taking profits.

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