Midday Trading Calls for 20th December 2007 | | | | | Hitendra Vasudeo, stockmechanics.com | | | | Buy Jaiprakash Associate above Rs 409. Stop Loss at Rs 395, target at Rs 417-Rs 437. (Intraday/Positional Call) | | | | | | Buy Tata Power above Rs 1295. Stop Loss at Rs 1280, target at Rs 1313-Rs 1343. (Intraday/Positional Call) | | | | | | Buy RPG Life Sciences above Rs 108 or at Rs 94. Stop Loss at Rs 88, target at Rs 159-Rs 204. (Delivery based 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. | | | | | |
| | Trading Calls for 20th December 2007 | | | | | | Ashwani Gujral | | Sell IFCI with a stop loss of Rs 108 for a target of Rs 67. | | Sell IFCI with a stop loss of Rs 108 for a target of Rs 67.
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 Wire and Wireless (India) with a stop loss of Rs 80 for a target of Rs 130. | | Buy Wire and Wireless (India) with a stop loss of Rs 80 for a target of Rs 130.
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. | | | | Mathew Easow | | Buy Mangalore Chemcials and Fert with a stop loss of Rs 38 for short-term targets of Rs 55. | | Buy Mangalore Chemcials and Fert with a stop loss of Rs 38 for short-term targets of Rs 55. Disclaimer: - At the time of writing this article, I, my family members and my group companies do not have any position in MANGALORE CHEMICAL. 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. | | | | | | |
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