|  | | | Ashwani Gujral | | | Buy Sterlite Industries with stop loss of Rs 475 for target of Rs 600. Calls valid for maximum 1 week | | | Buy Sterlite Industries with stop loss of Rs 475 for target of Rs 600. Calls valid for maximum 1 week.
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 the future.
| | | Buy Nalco with stop loss of Rs 230 for target of Rs 310. Calls valid for maximum 1 week. | | | Buy Nalco with stop loss of Rs 230 for target of Rs 310. Calls valid for maximum 1 week.
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 the future.
| |  | | | Deepak Mohoni | | | Buy Gujarat NRE Coke below Rs 50.50 with stop loss of Rs 49. This is a day-trading recommendation. | | | Buy Gujarat NRE Coke below Rs 50.50 with stop loss of Rs 49. This is a day-trading recommendation.
These are intra-day trading recommendations. Use trailing stops once the position is taken. The extreme price of the previous 45-90 minutes at any time can be used as the trailing stops.
I have no position in any of these stocks at the time of writing (1000 hours, 12th April 2007), nor am I aware of any family members or clients holding positions in these stocks. The stocks may or may not have been recommended as buys and/or short sales in the last two months, but that is irrelevant since these are purely day-trading recommendations.
| | | Short sell Bajaj Auto above Rs 2272 with stop loss of Rs 2300. This is a day-trading recommendation. | | | Short sell Bajaj Auto above Rs 2272 with stop loss of Rs 2300. This is a day-trading recommendation.
These are intra-day trading recommendations. Use trailing stops once the position is taken. The extreme price of the previous 45-90 minutes at any time can be used as the trailing stops.
I have no position in any of these stocks at the time of writing (1000 hours, 12th April 2007), nor am I aware of any family members or clients holding positions in these stocks. The stocks may or may not have been recommended as buys and/or short sales in the last two months, but that is irrelevant since these are purely day-trading recommendations.
| |  | | | Rajat K Bose | | | Sell Maruti with stop loss above Rs 792 for target of Rs Rs 772-765. This is a day-trading recommendation. | | | Sell Maruti with stop loss above Rs 792 for target of Rs Rs 772-765. 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.
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.
| | | Sell M&M with stop loss above Rs 741 for target of Rs 707-693. This is a day-trading recommendation. | | | Sell M&M with stop loss above Rs 741 for target of Rs 707-693. 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.
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.
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