PowerYourTrade Trading Calls

Trading Calls for 30th April 2008

Ashwani Gujral Buy NIIT Technologies with stop loss of Rs 125 for a target of Rs 165. Buy NIIT Technologies with stop loss of Rs 125 for a target of Rs 165. 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 future. Buy Reliance Petroleum with stop loss of Rs 190 for a target of Rs 230 Buy Reliance Petroleum with stop loss of Rs 190 for a target of Rs 230 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 future. Rajat K Bose Buy Century Textile with stop loss of Rs 833 for a target of Rs 892 and 922. Buy Century Textile with stop loss of Rs 833 for a target of Rs 892 and 922. 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. Caveat: The same reco has been given to all my clients. 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. Mathew Easow Buy Sanra Software with a stop loss of Rs 48.50 for a short-term target of Rs 80.90 Buy Sanra Software with a stop loss of Rs 48.50 for a short-term target of Rs 80.90 Disclaimer: - At the time of writing this article, I, my family members and my group companies do not have any position in SANRA SOFTWARE LTD. 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.