PowerYourTrade Trading Calls

Trading Calls for 2nd August 2007

Ashwani Gujral Sell Alstom Projects with stop loss of Rs 780 for target of Rs 605. Sell Alstom Projects with stop loss of Rs 780 for target of Rs 605. Disclosure: Neither me, nor my family nor our clients have any position in the above stock. However we run a substantial newsletter, chatroom and money mgmt business and this can change at any time in the future. Sell Parsvnath Developers with stop loss of Rs 360 for target of Rs 235. Sell Parsvnath Developers with stop loss of Rs 360 for target of Rs 235. Disclosure: Neither me, nor my family nor our clients have any position in the above stock. However we run a substantial newsletter, chatroom and money mgmt business and this can change at any time in the future. Rajat K Bose Buy Bharti Airtel with stop loss below Rs 839 for targets of Rs 880 and Rs 895. This is a day trading recommendartion. Buy Bharti Airtel with stop loss below Rs 839 for targets of Rs 880 and Rs 895. This is a day trading recommendartion. 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.