PowerYourTrade Trading Calls

Trading Calls for 10th August 2007

Ashwani Gujral Sell JSW Steel with stop loss of Rs 672 for target of Rs 574. Sell JSW Steel with stop loss of Rs 672 for target of Rs 574. 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 Titan with stop loss of Rs 1220 for target of Rs 1000. Sell Titan with stop loss of Rs 1220 for target of Rs 1000. 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. Deepak Mohoni Short sell JSW Steel above Rs 630 with stop loss of Rs 640. This is a day trading recommendation. Short sell JSW Steel above Rs 630 with stop loss of Rs 640. This is a day trading recommendation. These are intra-day trading recommendations. Use trailing stops once the position is taken. The extreme price of the previous 45-90 minutes at any time can be used as the trailing stops. I have no position in any of these stocks at the time of writing (0955 hours, 10th Aug 2007), nor am I aware of any family members or clients holding positions in these stocks. The stocks may or may not have been recommended as buys and/or short sales in the last two months, but that is irrelevant since these are purely day-trading recommendations. Short sell Renuka Sugars above Rs 515 with stop loss of Rs 525. This is a day trading recommendation. Short sell Renuka Sugars above Rs 515 with stop loss of Rs 525. This is a day trading recommendation. These are intra-day trading recommendations. Use trailing stops once the position is taken. The extreme price of the previous 45-90 minutes at any time can be used as the trailing stops. I have no position in any of these stocks at the time of writing (0955 hours, 10th Aug 2007), nor am I aware of any family members or clients holding positions in these stocks. The stocks may or may not have been recommended as buys and/or short sales in the last two months, but that is irrelevant since these are purely day-trading recommendations.