PowerYourTrade Trading Calls

Trading Calls for 25th October 2007

Ashwani Gujral Buy Reliance Petroleum with stop loss of Rs 171 for a target of Rs 234. Buy Reliance Petroleum with stop loss of Rs 171 for a target of Rs 234. 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 JSW Steel with a stop loss of Rs 940 for a target of Rs 1300. Buy JSW Steel with a stop loss of Rs 940 for a target of Rs 1300. 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 Aban Offshore November Future with a stop loss below Rs 4223 for targets of Rs 4288, Rs 4320 and Rs 4355. This is a day trading recommendation. Buy Aban Offshore November Future with a stop loss below Rs 4223 for targets of Rs 4288, Rs 4320 and Rs 4355. 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. VK Sharma Buy JP Hydro around Rs 73.85, with stop loss at Rs 72. This is a day trading recommendation. Buy JP Hydro around Rs 73.85, with stop loss at Rs 72. This is a day trading recommendation. Disclaimer: - This document has been prepared by Anagram Stock broking Ltd. (Anagram), for use by the recipient only and not for circulation. The information and opinions contained in the document have been compiled from sources believed to be reliable. Anagram does not warrant its accuracy, completeness and correctness. This document is not, and should not be construed as, an offer to sell or solicitation to buy any securities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from us. Anagram and the analyst(s), including his dependant family members may have an interest in the securities recommended above. Copyright in this document vests exclusively with Anagram Stock broking Limited .