29 Apr Intraday Update !

Sold @ 5804 sl 5824.05.
1st Target 5770.  2nd Target  5725.

Booked 50% @ 5770.  +34.
Remaining 50% TSL triggered@ 5768. +36.
Thereafter 2nd target also reached DayLow 5721.55[so far,2:55pm]

April Positional Performance

1.Buy 5700 call @ 45 Target 300, achieved !
2.Sell 5600call & 6000put @510, achieved ! Rs 110/-profit [Deducting IntrinsicValue]
3.Buy VijayaBank 95 call@0.50paisa, Failed due to False breakout,loss 0.50paisa
Now for May, Just wait !

Delivery Pick Hatsun Agro

One can Buy Hatsun Agro[218] on every decline,
for One year time horizon with a target of 500.
I have a small position in HatsunAgro.

Todays Intraday [[26 apr 2011]!

Below 5860 very weak, thats why ,Sold Below 5853, Covered @5803  +50 points

Volatility or Trendy Tomorrow !

Expect High Volatility or Trendy Tomorrow [26 april 2011] as
the two previous Tradingdays are Extremely Narrow in range!
The last support being 5860, with an upside Bias!
Happy trading

Intraday updates

1st trade bought above the SymmetricalTriangle Breakout 5895 sold @ 5918. +23
2nd trade sold @ 5918  Sl 5925. By this time, TSL has come down to 5896.05

Let us see, Finally covered @ 5880.+38
Total Profit Points +61 points
Happy Trading 

Nifty: Ranging between 5950 and 5700

Nifty: Ranging between 5950 and 5700: Breakout On either side may give 200 points.
If Upside 5950 is broken Nifty may Target 6200 !

Rectangle in VijayaBank

After a swift rise from lows,VijayaBank formed a Rectangle,broken upside,
Targetting 99 ! One can Buy VijayaBank 95 April call @0.50 Paisa[Lot 4000] Target Rs 4.
Risk rs2000/- Profit rs16000/-

Ascending Triangle Upside broken