EOD Report for the day:

Levels given today: [refer trading rules]
NIFTY
Buy Above/SL 6038/20172 Target 6086/20399
SAR/Sell Below 6009/20037 Target 5951---5926/19773---19650
Sell Below/SL5923/19641 Target5874/19412
SAR/Buy Above 5952/19775 Target 6009--6030/20038---20160

BANK NIFTY
Buy Above/SL 12375 Target 12478
SAR/Sell Below 12312 Target 12190---12135
Sell Below/SL 12127 Target 12024
SAR/Buy Above 12190 Target 12312---12360

Trade Diary for the Day : [refer trading rules]

09.06 am Sold nifty at 6014 [1lot];
09.12 am Sold nifty at 6024 [1lot];
2 lots short now;
10.10 am Bought nifty at 5999[1lot]
Plus 25 points [1lot]----one lot short now;
10.18 am keep 5996 stoploss;
10.35 am keep 5964 stoploss;[50 points]
10.35 am bought nifty 5964;
Plus 50 Points[1lot]---no position now;
10.47 am sold nifty at 5989 [1lot][keep sl 5996];
11.22 am stoploss trig. at 5996;
Minus 7 Points[1lot]
Net for the day--------------------------------------Plus 68 Points[3 trades]
Net for September--------------------------------- Plus 524 Points[41 trades]
-------------------------------------------------
9.02 am BN sold at 12312;
9.13 am BN sold at 12327;
10.16 am BN keep stoploss at 12227;
1018 am BN bought at 12227 [1lot]
Plus 100 points [1lot]
one lot short now;
10.27 keep sl of 12217;keep 12190 stoploss;
10.30 Bought BN at 12190;
Plus 122 Points[1lot]; no position now;
Net for the day------------------------ Plus 222 Points[2 trades]
Net for September------------------- Plus 1537 Points[ 42 trades]

For 21-09-2010, Tuesday

NIFTY SPOT 5980.45
SENSEX SPOT 19906.1
BANKNIFTY SPOT 12251.2

Levels for the day [Refer trading rules]

NIFTY
Buy Above/SL 6038/20172 Target 6086/20399
SAR/Sell Below 6009/20037 Target
Sell Below/SL--------------- Target
SAR/Buy Above ------------- Target

BANK NIFTY
Buy Above/SL 12375 Target 12478
SAR/Sell Below 12312 Target
Sell Below/SL -------- Target
SAR/Buy Above ------ Target

EOD Report

Nifty, Sensex and Banknifty went higher and higher and now are very close to 6000 and 20000 again. Hopefully, those summits will be scaled tomorrow but they have to consolidate at these higher levels to move past their all time highs.

Levels given today: [Refer trading rules]
NIFTY
Buy Above/SL 5924/19707 Target 5955/19798
SAR/Sell Below 5904/19650 Target 5865---5850/19539---19495
Sell Below/SL 5846/19483 Target 5814/19390
SAR/Buy Above 5866/19540 Target 5904--5919/19650---19700

BANK NIFTY
Buy Above/SL 12181 Target 12243
SAR/Sell Below 12142 Target 12066---12032
Sell Below/SL 12027 Target 11964
SAR/Buy Above 12067 Target 12142---12175

Trade Diary for the day:

Nifty
09.07 am Nifty sold at 5904[1lot; BSE not yet trig. its sell;]
09.09 am BSE sell trig. at 19650[we will wait for an upmove];
09.25 am Nifty sold at 5905;[2 lots short now];
10.02 am BSE trig. its buy; Nifty bought at 5918[1lot];one lot still holding short;
Minus 13 points[1 lot];
10.08 am: Nifty buy trig. at 5924; Bought Nifty at 5924;
Minus 20 Points [1lot]---No position now; we will wait for retracement for fresh entry;
10.17 am Bought Nifty at 5424[1lot];
12.40 pm Sold Nifty at 5442 [Sensex at 19796];
Plus 18 Points [1lot];--- No position now.

Net for the day--------------Minus 15 Points [3 trades]
Net for September ----------- Gain of 456 Points [38 trades]
------------------------------------------------------------
Banknifty
09.03 am Banknifty sold at 12142 [2lots]
09.15 am Bought BN at 12085 [1lot];[above 50 points level]
Gain of 57 Points [1lot];one lot still holding;
09.17 am keep 12086 stoploss;keep 12075 stoploss;
09.22 am Bought BN at 12075 [1lot]
Gain of 67 Points[1lot]; No position now;
09.36 am Sold BN at 12120[1lot];[since target downside not yet reached;
09.53 am Keep 12098 as stoploss;
10.01 am Bought BN at 12098;
Gain of 22 Points[1lot];No position now;
01.35 pm Sold Banknifty at 12125[1lot];
02.21 pm Keep 12138 as stoploss;
02.28 pm SL at 12138 triggered; Bought BN at 12138;
Minus 13 Points[1lot]; No position now;
02. 51 pm BN buy triggered at 12181;But we could not get the buy point and BN was very fast to move above 12200;
if time permits, we will buy lower; otherwise no trade advised for the day;

Banknifty achieved the buy target and went past it higher and higher. We were waiting for our level to buy and so missed. sometimes a little bit extra risk pays. no problem. we will have our day. no regrets.

Net for the day -------------- Gain of 133 Points [4 trades]

Net for September -----------Gain of 1315 Points[ 40 trades]