Wednesday, January 16, 2008

PowerYourTrade Midday Trading Calls for 16th January 2008


Midday Trading Calls for 16th January 2008
Hitendra Vasudeo, stockmechanics.com
Sell Reliance Petro below Rs 212. Stop Loss of Rs 217, target of Rs 205-Rs 192. (Intra-day/Positional Call)
Sell Reliance Energy below Rs 2250. Stop Loss of Rs 2282, target of Rs 2202-Rs 2122. (Intra-day/Positional Call)
Sell Reliance Communication below Rs 738. Stop Loss of Rs 746, target of Rs 713-Rs 671. (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 kee p taking profits irrespective of our targets. What matter is trading profits therefore check cost and keep taking profits.

 

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