Tuesday, January 1, 2008

PowerYourTrade Midday Trading Calls

Midday Trading Calls for 2nd January 2008
Hitendra Vasudeo, stockmechanics.com
Buy Axis Bank at Rs 1026-Rs 963. Stop Loss of Rs 920, target of Rs 1319 and Rs 1805. Long term investors just remain invested. (Delivery based Call))
Buy Tata Tea around Rs 958-Rs 897. Stop Loss at Rs 850, target of Rs 1047-Rs 1622-Rs 2552. Long term investors buy and remain invested irrespective of market. (Delivery based Call)
Buy Allahabad Bank above Rs 139. Stop Loss of Rs 133, target at Rs 147-Rs 163. (Intra-day/Positional Call)
Disclaimer : Intra-day call are of high risk as they are based on instant market movement. If the money and risk is not managed correctly, then traders and short term investors can land up in losses.

We are not responsible for any losses that can occur due to volatility and stop loss violation.

I do not have any personal positions any time on the recommendation made for the intra-day calls. However, it is possible that our Live Market Calls subscriber's could have positions and trading positions without our knowlege and consent. We also dont have any control on our client reverse positions if they have created against our recommendtion. Individual traders, implementers of the trading call are doing it at their own risk. We also dont have any control on our subscriber's positions.

Traders are advised to check their cost in long and short trades and ke ep taking profits irrespective of our targets. What matter is trading profits therefore check cost and keep taking profits.

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