Wednesday, September 9, 2009

 Report Card for 9th

Hi Friends

Here we are once again with a rocking performance, and this time also we were prove to be very right on the point that nifty will consolidate at these levels before making new highs and a close above 4755 will only make a new run in the market for the week, we were right that nifty will show both green and red signals and better to avoid trading at this point, wait and watch strategy is the best as of now and wait for a fresh run in the market.

For the session we also said that nifty trades won't be easy to guess and hunt down, as per the time is running in the favor of the bulls and bears at these levels, thus for today's session, the accuracy hit for nifty was reduced, but we still minted something, and in the end of the day our report card is still showing green signals.

Stocks which we had selected were : -

Reliance Industries - Buy call was activated in the stock and all the targets were a hit and in total we gained 62 points as per targets, but we booked at high levels.

Ivrcl Infra - Sell call was activated in the stock and the target hit was 342.73 and in total we gained 5.57 points per share.

Sesagoa - Buy call was activated in the stock and the target hit was 229.40 and in total we gained 3.67 points per share.

Bharti Airtel - Sell call was activated in the stock and the target hit was 413.67 and in total we gained 7.38 points per share, but we booked at low levels.

and

IN the END

NIFTY

Both buy and sell call were activated in the index, and on the buy side we gained 8 points and on the sell side we gained 11 points, thus in total we gained 19 points on the INDEX.

So in the end of the DAY, Reliance Industries buy call was a super bumper for all the PIRATES and once again we have rocked and minted in tons and our report cards marks are giving a green signal instead of red.

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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