Monday, September 28, 2009

 Report Card 29th

Hello Pirates

A rocking day & a volatile session in the beginning of the series.

This was expected from the market, dollar is getting back on track & one major concern is that the rally for the Rupee seems to come to an end, after a continuous 6 weeks move of the bulls on the side of the Rupee, but it feels that the bear is shifting from dollar to Rupee & this exchange may be a concern for the market.

We saw both the bulls & bears taking over the market & some slow moves & cautious steps are being taken by traders & investors at every seconds of tickling during the market.

The stocks which we had selected for the hunt were : -

Reliance Industries -Both buy & sell call was activated in the stock & in total we gained 39 points per share.

Ivrcl Infra - Buy call was activated in the stock, but the target was not meet but we exited in green at 384 & in total we gained 3.07 points per share.

IDBI - Buy call was activated in the stock & in total we gained 3.49, but an high of 125.85 was seen in the stock, massive gains.

Larsen & Turbo - Sell call was activated in the stock & in total we gained 11 points per share.

Jindal Steel & Power - Sell call was activated in the stock & in total we gained 10.65 points per share.

Patni Computers - Both buy & sell call was activated in the stock & in total we gained 8.74 points per share.

and

IN THE END

NIFTY

Nifty was trading both side, the fight between the bulls & bears are continuing & time is the main decider for the winner.

No matter the markets are in green or are in red, we have yet again minted in tons & that to we have earned at both sides, the bulls or bears, it doesn't matter to us, our report card is in green at the end of the session

Our Hunt on nifty was both sides & in total we gained 32 points as per the targets said on the hunting map, one have holded ahead of targets & booked at lower levels.

No matter whats the market condition is we are minting in tons.

Yet again we had a rocking PERFORMANCE & all the target hits are calculated on the basis of targets provided on the calls & the stock might had made a high or a low above or lower the targets said, so there are more gains as per our targets.

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

Regards

Captain

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