DAILY TRADING REPORT - 24.05.10 (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).

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.

24.05.10: Bought nifty 5000CE at 29.

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Intraday Nifty Trade

10.27AM: Bought nifty at 4984. SL 4964.

12.31PM: Booked out at 5014. Gain 30 points.

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Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 4990 against its previous close of 4928, and is currently trading at 4986. It has so far recorded a HIGH of 4999 & a LOW of 4972. Asian cues are positive, US futures are in red, and European markets may open in positive today. The trading range for NF today is likely to be 4970-5040.

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Intraday Nifty Trade 2

12.59PM: Sold nifty at 5022. SL 5024.

1.07PM: Booked out at 5002. Gain 20 points.

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Nifty SMS Trade

1.16PM: Bought nifty at 4999. Target 5040/5050. SL 4969.

1.34PM: SL hit at 4969. Loss 30 points.

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Intraday Nifty Trade 3

1.43PM: Bought nifty at 4969. SL 4959.

1.56PM: SL hit at 4959. Loss 10 points.

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Bought nifty 5000CE

2.03PM: Bought nifty 5000CE at 29.

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