PowerYourTrade Trading Calls

Trading Calls for 07th September 2007

Ashwani Gujral Buy Alchemist with stop loss of Rs 107 for target of Rs 150. Buy Alchemist with stop loss of Rs 107 for target of Rs 150. 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 NIIT with stop loss of Rs 133 for targets of Rs 170 and Rs 225. Buy NIIT with stop loss of Rs 133 for targets of Rs 170 and Rs 225. 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 IDBI with a stop below Rs 133 for target of Rs 144. This is a day trading recommendation. Buy IDBI with a stop below Rs 133 for target of Rs 144. 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 Short sell Colgate above Rs 396 with stop loss of Rs 402. This is a day trading recommendation. Short sell Colgate above Rs 396 with stop loss of Rs 402. This is a day trading recommendation. 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 (0945 hours, 7th Sep 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 Reliance Energy below Rs 865 with stop loss of Rs 857.5. This is a day trading recommendation. Buy Reliance Energy below Rs 865 with stop loss of Rs 857.5. This is a day trading recommendation. 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 (0945 hours, 7th Sep 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 Subhash Projects with stop loss of Rs 255 for short-term target of Rs 295. Buy Subhash Projects with stop loss of Rs 255 for short-term target of Rs 295. Disclaimer: - I, my family members and my group companies do not have any position what so ever in SUBHASH PROJECTS. 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 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.