Daily Call Jan 03 2011

4 Golden Rules for Trading.

1. Go long when market breadth is positive .
2. Strictly adhere to the Stop losses.
3. Profit to be taken as early as possible.
4. Book 50% profit when call runs in your direction



Traders Call (1-5 days)

Siemens Buy above 822 Target 827 Target2 834 SL 820
Rel Infra Buy above 840 Target 865 Target2 912 SL 837
Glenmark Buy above 360 Target 366 Target2 377 SL 359
Can BK Buy above 662 Target 675 Target2 683 SL 660
Mindtree Buy above 563 Target 582 Target2 631 SL 560

Postional Calls (1 to 3 months)

NEW LONG POSITIONS :

Symbol: KSBPUMPS Position : Long
On Dec-30-2010 a candlestick formation confirmed a buy signal. A buy signal was also confirmed when this contract closed above 525 on Dec-30-2010. Our Reco: ==> Maintain long position. Stop at 505. This could rise up to 585 or to 615.

Next Day Trading Range.. High: 534 Low: 524
Next Day Breakout Points High: 539 Low: 519

Price Projections....... 1st: 585 2nd: 615

Symbol: GEOMETRIC Position : Long

Today closed above the 78 level. This is an excellent time to add to your position. Our reco: ==> Maintain long position.Stop at 69. This could rise up to 86 or to 92.

Next Day Trading Range.. High: 80 Low: 75
Next Day Breakout Points High: 82 Low: 72

Price Projections....... 1st: 86 2nd: 92

Symbol: EXIDEIND Position : Long
Next Day Trading Range.. High: 168 Low: 165
Next Day Breakout Points High: 170 Low: 164

Price Projections....... 1st: 207 2nd: 234

Recommended postions

Symbol: ACC Position : Maintain Long
Next Day Trading Range.. High: 1088 Low: 1059
Next Day Breakout Points High: 1101 Low: 1043

Price Projections....... 1st: 1162 2nd: 1236


Symbol: AREVAT&D Position : Maintain Long
Next Day Trading Range.. High: 327 Low: 321
Next Day Breakout Points High: 329 Low: 317

Price Projections....... 1st: 362 2nd: 400


Symbol: BEL Position: Maintain Long
Next Day Trading Range.. High: 1807 Low: 1732
Next Day Breakout Points High: 1844 Low: 1694

Price Projections....... 1st: 1857 2nd: 1935

10 %, 20%,30%,40%,50%,60%,70%,80%,90% is done..Our target 100% .
Happy Investing
Previous Posts :

Symbol: BHARTIARTL Position : Maintain Long
Next Day Trading Range.. High: 361 Low: 353
Next Day Breakout Points High: 364 Low: 349

Price Projections....... 1st: 381 2nd: 404

Symbol: BOC Position : Maintain Long
Next Day Trading Range.. High: 351 Low: 330
Next Day Breakout Points High: 362 Low: 320

Price Projections....... 1st: 465 2nd: 528

Symbol: CAMLIN Position : Maintain Long
Next Day Trading Range.. High: 46 Low: 45
Next Day Breakout Points High: 47 Low: 45

Price Projections....... 1st: 65 2nd: 75


Symbol: CIPLA Position : Maintain Long
Next Day Trading Range.. High: 371 Low: 367
Next Day Breakout Points High: 373 Low: 366

Price Projections....... 1st: 383 2nd: 405

Symbol: HINDALCO Position : Maintain Long
Next Day Trading Range.. High: 248 Low: 244
Next Day Breakout Points High: 250 Low: 241

Price Projections....... 1st: 292 2nd: 330

Symbol: TCS Position : Maintain Long
Next Day Trading Range.. High: 1176 Low: 1158
Next Day Breakout Points High: 1187 Low: 1150

Price Projections....... 1st: 1176 2nd: 1244

Symbol: UBL Position : Long
Next Day Trading Range.. High: 515 Low: 495
Next Day Breakout Points High: 527 Low: 486

Price Projections....... 1st: 650 2nd: 756