Monday, August 13, 2007

PowerYourTrade Trading Calls

Trading Calls for 14th August 2007
Rajat K Bose
Buy HUL with stop loss below Rs 197 for targets of Rs 206 and Rs 210. This is a day trading recommendation.

Buy HUL with stop loss below Rs 197 for targets of Rs 206 and Rs 210. This is a 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 IDBI here or minor declines with stop loss below Rs 122 for target of Rs 130. This is a day trading recommendation.

    Buy IDBI here or minor declines with stop loss below Rs 122 for target of Rs 130. This is a 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.

  • Deepak Mohoni
    Buy Jaiprakash Associates below Rs 850 with stop loss of Rs 835. This is a day trading recommendation.

    Buy Jaiprakash Associates below Rs 850 with stop loss of Rs 835. 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, 14th 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 VSNL above Rs 416 with stop loss of Rs 423. This is a day trading recommendation.

    Short sell VSNL above Rs 416 with stop loss of Rs 423. 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, 14th 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 Gayatri Projects with stop loss of Rs 270 for short-term target of Rs 357.

    Buy Gayatri Projects with stop loss of Rs 270 for short-term target of Rs 357.

    Disclosure: - My associate companies and my clients hold GAYATRI PROJECTS.

    Disclaimer: - 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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