Report Card for 10th

Hi Friends,

Once again a great session for the about to close weekend, we had given a puzzle early morning at stockezy which indicated a hidden warning which set to be very true in the end, we said that the SGX Nifty is trading in green, but the shanghai market is in red, thus in the coming days we are gonna see red and white :), I mean green :).

As we had warned in our the article that the volatile index has increased and the nifty would boost up after crossing 4850 levels thus we saw an up high of about 4889.05 in Nifty Index.

We had also forwarded some fresh calls during the session, we had said that one can short Nifty at high pecks as per the longs are trapped after the gap up opening and shanghai was trading in red, but in the end of the day we also said that the fight between the bears and the bulls is likely to continue unless we brake 4780 levels for a free fall and the control to shift in the hands of the bears, and if one had made a note, we had said that nifty would have to brake 4820 & 4780 levels to see the upside, thus vise versa the same happens in the favor of the bears.

Thus we covered up our shorts at those levels and thus a bounce back was expected from those levels this 4850 levels, which was the new call forwarded to clients. Thus in the end of the day we minted both sides. The market choppiness increased and due to high volatility high moves were seen in the market and thus in the end we saw both green and red sessions for the day.

The Report card for the day was : -

Bharti Airtel - Buy call was activated in the stock and all targets were dully meet in the end of the day and our second target was a near about hit, thus in total we gained 6.82 points per share.

Reliance Industries - Buy was activated in the stock and in total we gained 56 points per share.

Sell call was also activated which we had said reliance is weak below 2171 levels thus short positions were created and we saw a massive fall from those levels, but covered up at 2150 levels thus in total we gained 18 points per share.

Thus in total we gained 74 points per share.

Ivrcl Infra - Buy call was activated in the stock and in total we gained 3.32 points per share.

Nifty 4300 PUT - Buy at dips around 5.70 and made a attempt to double, we had booked at 9.20 levels, an attempt for double money in just few hours was a rocking attempt.

And

IN THE END

NIFTY

Nifty buy call was activated and we gained 30 points on the buy side and on the sell side which was a new call forwarded to clients, we gained 40 points, we had created short positions below 4880 levels and covered up below 4850 levels, thus in total we gained 70 points in Nifty.

Trading both sides gives massive gains and thus traps are being avoided and we are playing safe in the volatile market.

This was likely to happen and we were right at every point which we had said in our article, Reliance was at its peck so it had to take a breather and today was Thursday thus we saw some profit booking and dips which can be said as an good opportunity to buy and sell at rally as per past sessions we have seen Rally on every Friday, thus all we can do is hope for the BEST, at the end of the day.

So in total again an impressive move and the hunt was a success and we minted in tons, if one had traded in future or in options, all the above rocked on, hope all the Pirates rocked.

Regards

Captain