DAILY TRADING REPORT - 26.05.10 (Wednesday)

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. (Booked Loss on 26th @ 4921).

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

04.05.10: Long in nifty futures at 5139. (Booked Loss on 26th @ 4921).

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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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Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 4855 against its previous close of 4809, and is currently trading at 4880. It has so far recorded a HIGH of 4887 & a LOW of 4854. Asian cues are positive, US futures are in green, and European markets may open in positive today. The trading range for NF today is likely to be 4850-4970.

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Intraday Nifty Trade

11.20AM: Bought nifty at 4873. SL 4849.

1.43PM: Booked out at 4893. Gain 20 points.

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Nifty SMS Trade

12.01PM: Bought nifty at 4865. Target 4910/4920. SL 4846.

2.56PM: Booked out at 4914. Gain 49 points.

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Booked Loss in Positional nifty longs

3.07PM: Booked loss in positional nifty longs at 4921.

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