Friday, May 21, 2010

DAILY TRADING REPORT - 21.05.10 (Friday)

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).

04.05.10: Long in nifty futures at 5228.

04.05.10: Long in Suzlon (futures) @ 68.30. Target 75.

04.05.10: Long in nifty futures at 5139.

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Option Trades

04.05.10: Bought nifty 5300CE at 66.

04.05.10: Bought nifty 5300CE at 49.

20.05.10: Bought ONGC 1150CA at 8.90.

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Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 4851 against its previous close of 4941, and is currently trading at 4875. It has so far recorded a HIGH of 4890 & a LOW of 4851. 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 4850-4920.

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Nifty SMS Trade

1.26PM: Bought nifty at 4885. Target 4940. SL 4850.

2.59PM: Booked out at 4942. Gain 57 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 4927, down 14 points, after touching a low of 4851 & a high of 4943.

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