Saturday, July 31, 2010

Result for 30-7-2010
Sold at 5390 SL triggered at 5403 ----minus 26 points[2 lots]
bought at 5403 SL triggered at at 5390 -----minus 26 points [2 lots]
sold at 5390 Target achieved at 5374 -----plus 32 points [2 lots]
Net points for the day ---- minus 20 points
Cumulative net points ---- plus 106 points

Friday, July 30, 2010

For 30-07-2010






NIFTY SPOT 5408.9
SENSEX SPOT 17992

Buy Above/SL 5428/18053
Target 5444/18103
SAR/Sell Below 5418/18022
Target 5399-5392/17961-17935

Sell Below/SL 5390/17930
Target 5374/17881
SAR/Buy Above 5403/17962
Target 5420-5426/18023-18050
Result for 29-07-2010

Bought at 5382 --------Target 5414 achieved ---- plus 64points [2 lots]

For the second consecutive day, ON DOT

Net sofar [for 2 lots] --- plus 126 points [3 days trade]

Thursday, July 29, 2010

For 29-07-2010

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Warren Buffett

Net sofar [for minimum 2 Lots]---- plus 62 points

NIFTY SPOT 5397.55
SENSEX SPOT 17957.37

Buy Above/SL 5432/18075
Target 5460/18170
SAR/Sell Below 5414/18015
Target 5380-5365/17899-17850

Sell Below/SL 5363/17840
Target 5335/17745
SAR/Buy Above 5381/17900
Target 5414-5430/18015-18070

Wednesday, July 28, 2010

For 28-07-2010

The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell.
John Templeton

NIFTY SPOT 5430.6
SENSEX SPOT 18077.6

Buy Above/SL 5455/18161
Target 5475/18228
SAR/Sell Below 5442/18119
Target 5418-5407/18035-17995

Sell Below/SL 5406/17994
Target 5386/17926
SAR/Buy Above 5419/18037
Target 5443-5453/18120-150
Result
For 2 Normal Nifty Lots
27-10-2010
B @ 5450 SL trig @ 5431 ---- minus 38 points

28-10-2010
S @ 5442 Tgt 5418 achieved----plus 48 points
S @ 5406 Tgt 5386 achieved----plus 20 + 32 points --- 52 points

Net sofar ------------------------- plus 62 points

Tuesday, July 27, 2010

For 27-7-2010

1. Both Nifty and Sensex Levels are given as Sensex is a more reliable indicator[If an inapproriate nifty level has been punched the previous day, follow sensex levels for taking positions].

2. The levels are to be applied for 2 normal lots of Nifty [One Lakh margin with broker assumed].

3. Enter with One Nifty lot first and if sensex points also get confirmed, enter the second lot.

4. Book One lot at the minimum target and carry the other with the indicated SAR/SL Level.

5. Whenever necessary, positions can be carriedout for the next day and it will be indicated at the appropriate time.




Nifty Spot Close 5418.6

Buy Above/SL 5450
Target 5475-5480
SAR/Sell Below 5431
Target 5401-5396

Sell Below/SL 5387
Target 5361
SAR/Buy Above 5403
Target 5435-5440