Monday, August 23, 2010

EOD Report.

Index has closed positive today also but still the magic number 5555 is eluding. we will wait.

Levels given today
NIFTY
Buy Above/SL 5549/18459 Target 5567/18505
SAR/Sell Below 5539/18430 Target 5521-5514/18373--18350
Sell Below/SL 5512/18345 Target 5494/18298
SAR/Buy Above 5522/18374 Target 5539--5545/18430---18450

BANK NIFTY
Buy Above/SL 11089 Target 11143
SAR/Sell Below 11061 Target 11006---10990
Sell Below/SL 10979 Target 10924
SAR/Buy Above 11007 Target 11061---11080

Trade diary for 23-08

9.02 am Sold Nifty at 5539 spot[2lots]
9.19 am Bought Nifty at 5521 spot[2lots] ----Target reached
Gain of 36 Points
9.19 am Bought Nifty at 5522 spot [2lots]
10.44 am Sold Nifty at 5539 spot [2lots] ---- Target reached
Gain of 34 Points
10.44 am Sold Nifty at 5539 spot [2lots]
02.09 pm Keeping Nifty shorts as sensex has not cleared 18459
inspite of nifty spot 5549.8
03.25 pm Bought Nifty at 5540 spot
Minus 2 Points [2lots]
Net for the day ----------- Gain of 68 Points

Net for August Month [16 days] ----Plus 541 points [2 lots]
---------------------------------------
9.20 am Bought Banknifty at 11008 spot
2.24 pm Sold Banknifty at 11061 spot
Gain of 53 points [0ne lot]
2.36 pm Banknifty Sold at 11061 with 11089 stoploss
2.52 pm Banknifty Bought at 11089 ---stoploss triggered.
We are not entering long again as Nifty is still weak.
Minus 27 Points
Net for the day -------- Gain of 26 points [1lot]
Net for August Month[13 days] ------ Plus 418 points [1 lot]

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