Thursday, February 4, 2010

Nifty

Nifty


Long only above 4924 , ideal target 4935 , and remaining targets 4949 , 4968 , 4995 . Keep Stoploss as 4898

And

Short only below 4887 , ideal target 4874 , and remaining targets 4861 , 4843 , 4814 . Keep Stoploss as 4912


===

[10.12] Yesterday recommended to buy 4800 PE at 62 and it reached my target 78 :) made 16 points profit, it made high at 80.55 :)

[10.36] Nifty short ideal target achieved

[10.40] I personally feel Nifty max will slide to 4866, if it breaks and trade below this level for 30 min, we will see Nifty @ 4796

[10.57] I am neither intrested on long or short...no trade from my side, i want either 4901 or 4866 should be broken with good volume. I am little biased to choose short than long.

[12.33] Nifty is not able to break 4901 or 4866 ;-)

[12.34] After 1.30 i am expecting one side move, but the question is which side...we need to wait and watch

[1.33] Nifty is not able to break 4866, it made a low at 4867.15.

[1.35] Taken 2 lots of 4900 CE at 91 by keeping SL below 4866 NF.

[1.50] At [10.40], i posted that Nifty will max slide upto 4866, as of now Nifty marked low as 4866 :)

[2.22] Nifty made a low at 4857, not jump into short, be careful at this area, Nifty might jump up. Watch for 5 -10 mins and then make your trade.

[3.08] I averaged 2 more lots of Nifty 4900CE at 75

[3.12] If Nifty close above 4866 we will see a good postive rally tomorrow, let see where it close :)

[3.29] Nifty short achieved target2 4843 and closed at 4838, made 49 points profit .:)


===

5 comments: