Wednesday, September 2, 2009

 Report Card for 2nd

Hi Friends

A very choppy day, very fast moves in the market, thus we gave new fresh calls for nifty, as per nifty was taking support at 4600 levels on hourly basis, and was not able to cross the higher end levels where the buy signal executives, in today's session we saw Nifty in an range bound situation thus some stop loss were hit and in some stocks the targets were not meet but not much of gains, but our charts are in green after the end of the session.

In todays session, Nifty is an range bound situation, the new call which was forwarded was Nifty short call at 4655 levels and targets were 4620 - 4605 levels which was duly archived.

Our btst short nifty also rocked, we booked our shorts at lower levels and we were short from 4640 levels yesterday and booked at 4595 levels.

Where as in the stocks section, the day was not so good for hunting, the report card is as follows : -

Ivrcl Infra - Sell call was activated from 357.25 and it was booked at 353, in total we gained 4 rs per share.

Reliance Industries - Sell call was activated from 1973 and booked at 1963 levels, total we gained 10 points per share.

LT - Sell call was activated in the stock and the target hit from 1544 was 1528 and a low of 1520 was seen in the stock, in total we gained 16 points per share.

IFCI - Sell call was activated and a low of 52.15 was seen in the stock.

Unitech - Sell call was activated from 103 and a low of 101.05 was seen in the stock and the target hit was 101.07, in total we gained 2 rs per share.

and

IN THE END

Nifty

Sell call was activated in the stock and a revised call was forwarded to clients and the target hit from 4655 to 4600 was seen in the stock and in the second call forward target hit from 4613 to 4572, so in total we gained 96 points in nifty.

It was an very choppy and fast moving session, we are in red at some areas but in the end of the session our report card shows a green sign.

This was likely to be seen in the market, this choppiness shows that the direction of the market is still not clear and the range bound situation would exist, in the sessions.


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

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