PowerYourTrade Trading Calls: 19 Sep

 

Trading Calls for 19th September 2007

Ashwani Gujral Buy Uco Bank with stoploss of Rs 35 for target of Rs 53. Buy Uco Bank with stoploss of Rs 35 for target of Rs 53. 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 Dena Bank with stoploss of Rs 60 for target of Rs 79. Buy Dena Bank with stoploss of Rs 60 for target of Rs 79. 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 IVRCL with stoploss below Rs 384 for targets of Rs 402, 405 and 411. This is a day trading recommendation. Buy IVRCL with stoploss below Rs 384 for targets of Rs 402, 405 and 411. 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.   Buy ICICI Bank with stoploss below Rs 912 for targets of Rs 958 and Rs 973. This is a day trading recommendation. Buy ICICI Bank with stoploss below Rs 912 for targets of Rs 958 and Rs 973. 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.       E Mathew Buy Yes Bank with a stop loss of Rs 172 for a short-term (3 Months) target of Rs 205. Buy Yes Bank with a stop loss of Rs 172 for a short-term (3 Months) target of Rs 205. Disclaimer: - I, my family members and my group companies do not have any position what so ever in YES BANK. 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. Short Term Target Means – Approximately 3 Months. Medium Term Target Means – Anything between 7 – 9 Months. Long Term Target Means – Anything above 1 Year. 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-à-vis the stop loss is favourable for taking a position.     Buy Aptech with stoploss of Rs 368 for a short-term (3 Months) target of Rs 470. Buy Aptech with stoploss of Rs 368 for a short-term (3 Months) target of Rs 470. Disclaimer: - My associate companies and my clients hold trading positions in APTECH LTD. Short Term Target Means – Approximately 3 Months. Medium Term Target Means – Anything between 7 – 9 Months. Long Term Target Means – Anything above 1 Year. 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-à-vis the stop loss is favourable for taking a position.