PowerYourTrade Midday Trading Calls

Midday Trading Calls for 30th May 2008
Hitendra Vasudeo, stockmechanics.com Sell Reliance Industries below Rs 2444. Stop Loss of Rs 2510, target of Rs 2338. (Intra-day/Positional Call) Sell ICICI Bank below Rs 785. Stop Loss of Rs 809, target of Rs 755-Rs 746. (Intra-day/Positional Call) Sell Infosys below Rs 1869. Stop Loss of Rs 1890, target of Rs 1787. (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 Tata Steel around Rs 902-Rs 905, resistance zone at Rs 919-Rs 922, key intra day support at Rs 898. (Calls made at 10:56 AM) Sell Reliance Capital around Rs 1247-Rs 1250, resistance at Rs 1263, downside targets at Rs 1232 & Rs 1213. (Calls made at 10:56 AM) 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.