PowerYourTrade Trading Calls

Trading Calls for 09 May 2008

Ashwani Gujral Buy Reliance Power with a stop loss of Rs 400 for target of Rs 460 Buy Reliance Power with a stop loss of Rs 400 for target of Rs 460. 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 Shiv Vani Oil & Gas Exploration Services with a stop loss of Rs 597 for target of Rs 744 Buy Shiv Vani Oil & Gas Exploration Services with a stop loss of Rs 597 for target of Rs 744. 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 Balrampur Chini with a stop loss below Rs 98.90 for targets of Rs 104 and Rs 107; This is a day trading recommendation Buy Balrampur Chini with a stop loss below Rs 98.90 for targets of Rs 104 and Rs 107. This is a day trading recommendation. 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: I hold the stock in my personal portfolio. 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: 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 Webel SL Energy Systems only on declines with a stop loss of Rs 310 for a short-term target of Rs 374 Buy Webel SL Energy Systems only on declines with a stop loss of Rs 310 for a short-term target of Rs 374. Disclaimer: - At the time of writing this article, I, my family members and my group companies do not have any position in WEBEL-SL ENERGY SYSTEMS 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.