Monday, July 19, 2010

DAILY TRADING REPORT - 19.07.10 (Monday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5373 against its previous close of 5398, and is currently trading at 5388. It has so far recorded a HIGH of 5393 & a LOW of 5369. 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 5345-5405.

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Nifty SMS Trade

11.05AM: Sold nifty at 5414. Target 5370/5360. SL 5436.

3.12PM: Booked out at 5380. Gain 34 points.

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Nifty Trades - July 10

1. Total Trades: 13

2. Winning Trades: 7

3. Losing Trades: 6

4.
Points Gained: 179

5. Points Lost: 43

6. Net Gain: 136

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Hind Composites - Spurt in Turnover

The average daily Turnover of Hind Composites at both NSE/BSE put together used to be below 500 shares. Since 3 days, it went beyond 1000, and today the daily turnover spurted to 44000. Who sold these shares? or rather who bought these shares? Despite such a big sell, the counter did not tank? Are we going to see an Upper Circuit shortly?

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Market Close Report

3.30PM: Nifty futures closed the day at 5387, down 11 points, after touching a low of 5369 & a high of 5415.

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