Sunday, August 12, 2007

PowerYourTrade Trading Calls

Trading Calls for 13th August 2007
Ashwani Gujral
Buy United Spirits with stop loss of Rs 1325 for target of Rs 1640.

Buy United Spirits with stop loss of Rs 1325 for target of Rs 1640.

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.

Buy Educomp with stop loss of Rs 2450 for target of Rs 2850.

Buy Educomp with stop loss of Rs 2450 for target of Rs 2850.

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 Bajaj Hindusthan above Rs 136.50 with stop loss of Rs 138. This is a day trading recommendation.

Short sell Bajaj Hindusthan above Rs 136.50 with stop loss of Rs 138. 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, 13th 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.

Buy IFCI below Rs 66 with stop loss of Rs 64.75. This is a day trading recommendation.

Buy IFCI below Rs 66 with stop loss of Rs 64.75. 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, 13th 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.

E Mathew
Buy Valecha Engineering on declines with stop loss of Rs 251 for short-term target of Rs 321.

Buy Valecha Engineering on declines with stop loss of Rs 251 for short-term target of Rs 321.

Disclaimer: - I my family members and my group companies do not have any position what so ever in VALECHA ENGINEERING & BIRLA CORP. 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-à-vis the stop loss is favourable for taking a position.

Buy Birla Corp with stop loss of Rs 255 for short-term target of Rs 313.

Buy Birla Corp with stop loss of Rs 255 for short-term target of Rs 313.

Disclaimer: - I my family members and my group companies do not have any position what so ever in VALECHA ENGINEERING & BIRLA CORP. 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-à-vis the stop loss is favourable for taking a position.

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