DAILY TRADING REPORT - 30.04.10 (Friday)

Positional Trades

1.03.10: 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. (Rolled over to May series on 26th @ 71.30).

20.04.10: Long in nifty futures at 5209. (Booked Profit on 21st @ 5261).

21.04.10: Long in nifty futures at 5237. (Booked Profit on 22nd @ 5239).

22.04.10: Short in nifty futures at 5330. (Booked Profit on 23rd @ 5268).

26.04.10: Short in nifty futures at 5344. (Booked Profit on 28th @ 5209).

29.04.10: Long in nifty futures (MAY) at 5232. (Booked Profit on 30th @ 5270).

============================================

Option Trades

19.04.10: Bought nifty 5300CE at 22.20.(Booked Profit on 19th at 35).

20.04.10: Bought nifty 5300CE at 27. (Booked Profit on 21st at 34).

22.04.10: Bought nifty 5300CE at 19. (Booked Profit on 22nd at 38).

22.04.10: Bought nifty 5300PE at 38. (Booked Profit on 23rd at 63).

23.04.10: Bought nifty 5300PE at 39. (Booked Profit on 23rd at 53).

23.04.10: Bought RIL 1100PA at 25. (Booked Profit on 27th at 41).

27.04.10: Bought nifty 5300PE at 21. (Booked Profit on 27th at 27).

28.04.10: Bought nifty 5300PE at 40. (Booked Profit on 28th at 79).

29.04.10: Bought nifty 5200CE at 39. (Booked Profit on 29th at 53).

============================================

Intraday Nifty Trade

9.05AM: Bought nifty at 5267. SL at 10.30am.

9.38AM: Booked out at 5288. Gain 21 points.

============================================

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5263 against its previous close of 5245, and is currently trading at 5280. It has so far recorded a HIGH of 5290 & a LOW of 5261. Asian cues are positive, US futures are just flat, and European markets may open in slight positive today. The trading range for NF today is likely to be 5260-5310.

============================================

Recommended Nifty Trade Today

10.35AM: NF right now is at 5283, after touching a high of 5290. Wait for NF to slide below 5275 & go LONG, OR right now place your order to BUY at 5274. It will be executed. Once executed, place SL at 5254 & relax. Target 5310.

============================================

Nifty SMS Trade

10.48AM: Bought nifty at 5269. Target 5300/5310. SL 5254.

12.23PM: NF now at 5284. Move SL to 5270, so that there is no loss in this trade.

2.01PM: Trailing SL hit at 5270. Gain just one point.

============================================

Booked out of Positional Long

2.01PM: Booked out of positional long (5232 taken yesterday) at 5270. Gain 38 points.

============================================

Nifty Intraday Trade 3

2.10PM: Bought nifty at 5276. SL 5260.

3.08PM: SL trigerred at 5260. Loss 16 points.

============================================

Carrying 5276 Long to Monday if SL is not hit

3.00PM: NF now at 5268. Will carry the long taken at 5276 to Monday if SL at 5260 is not hit.

3.08: SL trigerred at 5260.

============================================

Market Close Report

3.30PM: Nifty futures closed the day at 5260, up 15 points, after touching a low of 5252 & a high of 5290.

============================================

ANNOUNCEMENT

Due to the unprecedented strike rate of 100% in options trades this month with a strike rate of 9 out of 9 successful trades, fiftypointsaday is pleased to announce that the membership validity of all our existing paid members is hereby extended till 31.12.2010 without their having to pay any renewal fee beyond the due date of their membership.

New members who join the paid service till 31.05.2010 will have a validity till 31.12.2010 instead of our usual 4 months validity. They will also get a complementary access to Kadiyali Options Blog on first come first served basis. For details email fiftypointsaday@gmail.com.

Those who are not members of the paid service are also welcome to visit this blog & follow the trades. All my trades are placed on this blog within maximum 2-3 minutes of my trades.

We have also made an arrangement for concessional brokerage from one of the reputed brokerage houses for all our members as well as visitors of this blog. For an Advance Brokerage of Rs 5000, they will get nifty brokerage of 0.02% only one side if intraday, and Rs 35 per lot for options. Those who are interested in availing of the concessional brokerage may contact jksarkar2009@gmail.com.

=======================================