PowerYourTrade Trading Calls

Trading Calls for 02nd January 2008

Ashwani Gujral Buy Allahabad Bank with stop loss of Rs 120 for a target of Rs 148. Buy Allahabad Bank with stop loss of Rs 120 for a target of Rs 148. 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 Indian Overseas Bank with stop loss of Rs 180 for a target of Rs 236. Buy Indian Overseas Bank with stop loss of Rs 180 for a target of Rs 236. 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 Centurion Bank of Punjab with stop loss below Rs 61 for a target of Rs 70. This is a day trading recommendation. Buy Centurion Bank of Punjab with stop loss below Rs 61 for a target of Rs 70. 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 Mangalore Refinery and Petrochemicals around Rs 140 with a stop loss of Rs 137. This is a day trading recommendation. Buy Mangalore Refinery and Petrochemicals around Rs 140 with a stop loss of Rs 137. 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 . Mathew Easow Buy Gujarat NRE Coke on declines with a stop loss of Rs 133 for a short-term target of Rs 180. Buy Gujarat NRE Coke on declines with a stop loss of Rs 133 for a short-term target of Rs 180. Disclaimer: - At the time of writing this article, I, my family members and my group companies do not have any position in GUJRAT NRE COKE. This stock has been recommended to our clients and they may be holding long or short positions in this stock. Mathew Easow and matheweasow.com gives an unbiased and competent picture of trading & investment opportunities and it does that to the best of its abilities. The information contained herein is not a complete analysis of every material fact representing the company, industry or security. The views expressed may change. However, prices can move up as well as down due to a number of factors, all of which are impossible for anyone to foresee. THEREFORE, Mathew Easow and matheweasow.com cannot accept any responsibility (or liability) for the accuracy of the above contents and also any investment decision or trading decision taken by readers and clients on the basis of information contained herein. Short Term Target Means - Approximately 3 -4 weeks. If the target is not met within 3-4 weeks then please exit the positions. 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. Individual traders /investors should book profit depending on their risk bearing capacity and need not wait for the targets.