PowerYourTrade Midday Trading Calls

Midday Trading Calls for 16th May 2008

Hitendra Vasudeo, stockmechanics.com Buy Cairn India above Rs 296. Stop Loss of Rs 292, target Rs 307-Rs 312. (Intra-day/Positional Call) Buy Jet Airways above Rs 542. Stop Loss of Rs 530, target Rs 562-Rs569. (Intra-day/Positional Call) Buy Reliance Communication above Rs 599. Stop Loss of Rs 590, target Rs 614-Rs 620. (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.