Friday, April 16, 2010

DAILY REPORT ON NIFTY BY kadiyali - 16.04.10 (Friday)

Positional Trades

31.03.10: Long in Colgate (futures) @ 679. Target 720. (Booked Profit on 12th @ 724).

31.03.10: Long in Gitanjali Gems (cash) @ 118. Target 140.

05.04.10: Short in nifty futures at 5368. (Booked Profit on 8th @ 5316).

15.04.10: Long in Suzlon (futures) @ 73.90. Target 81.

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Intraday Nifty Trade

9.21AM: Bought nifty at 5252. SL 5241.

10.25AM: Booked out at 5283. Gain 31 points.

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Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5264 against its previous close of 5277, and is currently trading at 5276. It has so far recorded a HIGH of 5284 & a LOW of 5246. Asian cues are negative, US futures are in red, and European markets may open just flat today. The trading range for NF today is likely to be 5246-5320.

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Nifty SMS Trade

1.24PM: Bought nifty at 5259. Target 5300. SL 5245.

3.19PM: Booked out at 5260. Gain just 1 point.

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Market Close Report

3.30PM: Nifty futures closed the day at 5257, down 20 points, after touching a low of 5246 & a high of 5294.

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