Thursday, July 8, 2010

DAILY TRADING REPORT - 08.07.10 (Thursday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5311 against its previous close of 5247, and is currently trading at 5327. It has so far recorded a HIGH of 5334 & a LOW of 5304. Asian cues are positive, US futures are just flat, and European markets may open in positive today. The trading range for NF today is likely to be 5304-5370. Trading will be in a tight range almost throughout the day however we will see a near break out after 2.30PM.

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Nifty SMS Trade

1.27PM: Bought nifty at 5315. Target 5350/5360. SL 5298.

3.19PM: Booked out at 5312. Loss 3 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5305, up 58 points, after touching a low of 5304 & a high of 5339 in a range bound trade.

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