PowerYourTrade Midday Trading Calls

Midday Trading Calls for 08th May 2008
Hitendra Vasudeo, stockmechanics.com Sell ICICI Bank below Rs 900. Stop Loss of Rs 920, target of Rs 870-Rs 860. (Intra-day/Positional Call) Buy Reliance Power above Rs 415. Stop Loss of Rs 407, target of Rs 424-Rs 427. (Intra-day/Positional Call) Sell Reliance Capital below Rs 1389. Stop Loss of Rs 1420, target of Rs 1299-Rs 1273. (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. Rahul Mohindar, viratechindia.com Buy Reliance Industries at Rs 2670 for target of Rs 2704, support at Rs 2664 and Rs 2650. Buy SBI above Rs 1753 only, support is of Rs 1736, target of Rs 1775. Disclaimer & Disclosure : The above are short term calls and we hold no positions in the above recommendations. Only risk capital should be used to trade futures, stocks, or options on futures or stocks, or mutual funds, or any other financial instruments, in conjunction with proven tools and research. All investments and trades carry risks, and all trading decisions are ultimately made by you and you are solely and individually responsible for the decisions and the results of those decisions. Myself and the Viratech group do not hold any responsibility or guarantee on any recommendation.