Tuesday, June 1, 2010

DAILY TRADING REPORT - 01.06.10 (Tuesday)

Positional Trades

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

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

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

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Intraday Nifty Trade

9.05AM: Sold nifty at 5041. SL 5056.

11.32AM: Booked out at 5027. Gain 14 points.

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Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5045 against its previous close of 5056, and is currently trading at 5027. It has so far recorded a HIGH of 5049 & a LOW of 5021. Asian cues are negative, US futures are in red, and European markets may open in negative today. The trading range for NF today is likely to be 4980-5050.

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Intraday Nifty Trade 2

11.32AM: Bought nifty at 5027. SL 5020.

12.27PM: Booked out at 5028. Gain just 1 point.

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Nifty SMS Trade

12.30PM: Sold nifty at 5030. Target 5000/4990. SL 5050.

12.51PM: Booked out at 4889. Gain 41 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 4940, down 116 points, after touching a low of 4933 & a high of 5049.

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