DAILY TRADING REPORT - 03.05.10 (Monday)

Positional Trades

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

15.04.10: Long in Suzlon (futures) @ 73.90. Target 81. (Rolled over to May series on 26th @ 71.30).

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Nifty Trades - May 2010

1. Total Trades: 1

2. Winning Trades: 1

3. Losing Trades: 0

4. Points Gained: 35

5. Points Lost: 0

6. Net Gain: 35

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Intraday Nifty Trade

9.10AM: Sold nifty at 5239. SL 5251.

2.48PM: Booked out at 5204. Gain 35 points.

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Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5235 against its previous close of 5262, and is currently trading at 5231. It has so far recorded a HIGH of 5242 & a LOW of 5221. Asian cues are negative, US futures are in green, and European markets may open in negative today. The trading range for NF today is likely to be 5190-5250.

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Booked out morning nifty trade

2.48PM: Booked out morning intraday trade at 5204. Gain 35 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5225, down 37 points, after touching a low of 5202 & a high of 5245.

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ANNOUNCEMENT

Due to the unprecedented strike rate of 100% in options trades in April 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. All my trades are first placed in KOB, where members have the facility of comments. 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.