Report Card 23rd

Hello Pirates

A wonderful & a bearish move seen by the index in todays session, all were saying that the market is so boring & got nothing to do, just flattish moves, then all of a sudden the markets reacted & doom we go, all of a sudden a free fall was seen in the market, all major support levels were just wipped off withing seconds, and the bulls had to give over the game in the hands of the bears, this proves that the bears are attacking with great force & this time they have showed there power which they have accumulated at 5000 levels.

Well a bearish day but we have minted in tons & yet again a bulls day for our PIRATES.

The stocks which we had selected in the map were : -

Reliance Industries - Buy call was activated & in total we gained 19 points per share.

Bharti Airtel - Sell call was activated & in total we gained 15 points per share.

IVRCL INFRA - Sell call was activated in the stock & in total we gained 8 points per share.

India Info Line - Buy call was activated in the stock & our targets were hit before hand, thus fresh entries at lower levels & we gained 5 points.

Orchid Chemicals - Sell call was activated & in total we gained 1.7 points per share.

and

IN THE END

Nifty

Well nifty was caught hold by the bears after a long time the bears attacked with force & the bulls had to take a lunch brake for some time, but our bull on the report card is always all set for new rides & aggressive & never let the bears take over the game.

Sell call was activated from 4998 - 4986 - 4969 levels, in total we gained 29 points in the INDEX.

Yet again a rocking day, we were warning of the levels & our support level which was 4950 given for the week end was proven to be very right.

We would like to wish all the PIRATE Hunters ALL the BEST & hope all enjoyed.

Regards

Captain