Tuesday, August 31, 2010

DAILY TRADING REPORT - 31.08.10 (Tuesday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5392 against its previous close of 5426, and is currently trading at 5381. It has so far recorded a HIGH of 5409 & a LOW of 5378. 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 5340-5409.

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Nifty SMS Trade

1.24PM: Sold nifty at 5374. Target 5340/5330. SL 5410.

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Monday, August 30, 2010

DAILY TRADING REPORT - 30.08.10 (Monday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5445 against its previous close of 5415, and is currently trading at 5435. It has so far recorded a HIGH of 5465 & a LOW of 5430. 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 5420-5480.

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Market Close Report

3.30PM: Nifty futures closed the day at 5429, up 14 points, after touching a low of 5391 & a high of 5465.

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Friday, August 27, 2010

DAILY TRADING REPORT - 27.08.10 (Friday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5460 against its previous close of 5471, and is currently trading at 5476. It has so far recorded a HIGH of 5489 & a LOW of 5452. Asian cues are mixed, US futures are in green, and European markets may open in negative today. The trading range for NF today is likely to be 5430-5490.

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Nifty SMS Trade

11.22AM: Sold nifty at 5489. Target 5440. SL 5501.

2.37PM: Booked out at 5435. Gain 54 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5408, down 63 points, after touching a low of 5398 & a high of 5489.

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Thursday, August 26, 2010

DAILY TRADING REPORT - 26.08.10 (Thursday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5470 against its previous close of 5469, and is currently trading at 5473. It has so far recorded a HIGH of 5483 & a LOW of 5468. 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 5465-5495 in a tight range trade.

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Wednesday, August 25, 2010

DAILY TRADING REPORT - 25.08.10 (Wednesday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5495 against its previous close of 5510, and is currently trading at 5484. It has so far recorded a HIGH of 5503 & a LOW of 5483. Asian cues are negative, US futures are just flat, and European markets may open little changed today. The trading range for NF today is likely to be 5465-5520.

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Nifty SMS Trade

12.39PM: Bought nifty at 5474. Target 5510/5520. SL 5459.

3.17PM: Booked out at cost at 5474.

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Market Close Report

3.30PM: Nifty futures closed the day at 5564, down 46 points, after touching a low of 5461 & a high of 5503.

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Tuesday, August 24, 2010

DAILY TRADING REPORT - 24.08.2010 (Tuesday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5540 against its previous close of 5536, and is currently trading at 5511. It has so far recorded a HIGH of 5540 & a LOW of 5505. Asian cues are mixed, US futures are in red, and European markets may open in negative today. The trading range for NF today is likely to be 5470-5540.

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Trend Electronics Doubles in just 35 Trading Days!!!

10.45AM: Trend Electronics (formerly Videocon Communications) recommended at 47 on 12th July, is locked today in 10% Upper Circuit at 92.05. It has now DOUBLED from my recommended price in just 35 trading days.

For more such recommendations, keep visiting this blog.

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Market Close Report

3.30PM: Nifty futures closed the day at 5508, down 28 points, after touching a low of 5480 & a high of 5540.

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Monday, August 23, 2010

DAILY TRADING REPORT - 23.08.10 (Monday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5530 against its previous close of 5522, and is currently trading at 5529. It has so far recorded a HIGH of 5530 & a LOW of 5515. Asian cues are mixed, US futures are in green, and European Markets may open in positive today. The trading range for NF today is likely to be 5490-5550.

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Friday, August 20, 2010

DAILY TRADING REPORT - 20.08.10 (Friday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5515 against its previous close of 5527, and is currently trading at 5517. It has so far recorded a HIGH of 5524 & a LOW of 5507. 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 5450-5530.

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Nifty SMS Trade

10.50AM: Sold nifty at 5523. Target 5480/5470. SL 5535.

11.54AM: SL hit at 5535. Loss 12 points.

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Wednesday, August 18, 2010

DAILY TRADING REPORT - 18.08.10 (Wednesday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today unchanged at 5424, and is currently trading at 5432. It has so far recorded a HIGH of 5435 & a LOW of 5421. Asian cues are mixed, US futures are just flat, and European markets may open in negative today. The trading range for NF today is likely to be 5380-5445.

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Nifty Positional Trade

17.08.10: Short in nifty at 5424. Target 5290/5240. SL 5461.

18.08.10, 11AM: Bring down SL to 5447.

2.40PM: SL hit at 5447. Loss 23 points.

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Nifty SMS Trade

11AM: Sold nifty at 5440. Target 5400/5390. SL 5447.

2.40PM: SL hit at 5447. Loss just 7 points.

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Nifty Trades - Just an Afterthought!!!


1. Took positional short yesterday at 5424 with SL at 5461, Reduced the SL to 5447 today.

2. Took intraday short at 5440 today with SL at 5447.

Both trades SL hit, loss on first trade 23 points, loss on second trade 7 points. Total Loss 30 points.

INSTEAD

If I had converted the positional short into positional long at say 5424 with SL at 5417, the position would have been loss on one trade would be just 7 points, but the gain on the other winning trade would have been 40+ points.

Practically the above kind of trades is possible due to nifty remaining rangebound for most part of the trading hours. Only condition for this kind of trade is that we should take one trade in one account and the other trade in some other account, and that both trades should be taken with SL of less than 10 points.

We will try this kind of hedged trades from tomorrow. If we get good results, the trades can be done in big lots.

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Tuesday, August 17, 2010

DAILY TRADING REPORT - 17.08.10 (Tuesday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5425 against its previous close of 5417, and is currently trading at 5435. It has so far recorded a HIGH of 5439 & a LOW of 5420. Asian cues are mixed, US futures are in green, and European markets may open in positive today. The trading range for NF today is likely to be 5420-5475.

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Nifty SMS Trade

11.12AM: Bought nifty at 5418. Target 5450/5460. SL 5409.

3.08PM: Booked out at 5424. Gain 6 points.

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Nifty Positional Trade

17.08.10, 3.07PM: Sold nifty at 5424. Target 5290/5240. SL 5461.

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Market Close Report

3.30PM: Nifty futures closed at 5428, up 11 points, after touching a low of 5410 & a high of 5443.

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Monday, August 16, 2010

DAILY TRADING REPORT - 16.08.10 (Monday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5453 against its previous close of 5456, and is currently trading at 5457. It has so far recorded a HIGH of 5469 & a LOW of 5444. Asian cues are mixed, US futures are just flat, and European markets may open little changed today. The trading range for NF today is likely to be 5435-5490.

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Bought IFB Industries

10.45AM: Bought 200 IFB Industries @ 159 under Normal Portfolio.

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Nifty SMS Trade

1.21PM: Bought nifty at 5448. Target 5480/5490. SL 5434.

1.32PM: SL hit at 5434. Loss 14 points.

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Friday, August 13, 2010

DAILY TRADING REPORT - 13.08.10 (Friday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5421 against its previous close of 5419, and is currently trading at 5441. It has so far recorded a HIGH of 5449 & a LOW of 5420. Asian cues are positive, US futures are in green, and European markets may open positive today. The trading range for NF today is likely to be 5420-5470.

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Trend Electronics Heading for II U/C!!!

10.45AM: Trend Electronics (recommended at 47) closed at 65.55 yesterday, locked in an Upper Circuit of 20%. It is now trading at day's high of 74.60, up 13.65% today, probably heading towards its second successive Upper Ciruit of 20%.

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Sun TV Glittering!!!

10.50AM: SUN TV, one of my multibagger picks, has started glittering. It has gone past 500 already, and will probably go past 1000 mark sooner than expected.

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Market Close Report

3.30PM: Nifty futures closed the day at 5458, up 39 points, after touching a low of 5420 & a high of 5478.

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Thursday, August 12, 2010

DAILY TRADING REPORT - 12.08.10 (Thursday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5371 against its previous close of 5411, and is currently trading at 5393. It has so far recorded a HIGH of 5399 & a LOW of 5363. Asian cues are negative, US futures are in red, and European markets may open negative today. The trading range for NF today is likely to be 5360-5420.

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Trend Electronics Up 18% Today!!!

Recommended at 47 on 12.07.10, Trend Electronics (formerly known as Videocon Communications) is now at 65, up 18% today, and up 34% from the recommended price in exactly one month. Those who have bought below 50 following the recommendation may hold till 100.

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Market Close Report

3.30PM: Nifty futures closed the day at 5418, up 7 points, after touching a low of 5363 & a high of 5431.

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Wednesday, August 11, 2010

DAILY TRADING REPORT - 11.08.10 (Wednesday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5450 against its previous close of 5460, and is currently trading at 5448. It has so far recorded a HIGH of 5468 & a LOW of 5442. Asian cues are negative, US futures are in red, and European markets may open negative today. The trading range for NF today is likely to be 5410-5468.

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Market Close Report

3.30PM: Nifty futures closed the day at 5405, down 55 points, after touching a low of 5404 & a high of 5468.

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Tuesday, August 10, 2010

DAILY TRADING REPORT - 10.08.10 (Tuesday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5462 against its previous close of 5482, and is currently trading at 5471. It has so far recorded a HIGH of 5473 & a LOW of 5456. Asian cues are negative, US futures are in red, and European markets may open negative today. The trading range for NF today is likely to be 5420-5480.

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Nifty SMS Trade

10.40AM: Sold nifty at 5472. Target 5440/5430. SL 5484.

1.40PM: Booked out at 5441. Gain 31 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5462, down 20 points, after touching a low of 5440 & a high of 5473.

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Monday, August 9, 2010

DAILY TRADING REPORT - 09.08.10 (Monday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5448 against its previous close of 5442, and is currently trading at 5454. It has so far recorded a HIGH of 5461 & a LOW of 5436. Asian cues are mixed, US futures are just flat, and European markets may open positive today. The trading range for NF today is likely to be 5436-5490.

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Market Close Report

3.30PM: Nifty futures closed the day at 5478, up 36 points, after touching a low of 5436 & a high of 5489.

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Thursday, August 5, 2010

DAILY TRADING REPORT - 05.08.10 (Thursday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5470 against its previous close of 5460, and is currently trading at 5475. It has so far recorded a HIGH of 5479 & a LOW of 5460. Asian cues are mixed, US futures are just flat, and European markets may open positive today. The trading range for NF today is likely to be 5455-5510.

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Nifty SMS Trade

1.05PM: Bought nifty at 5466. Target 5490/5500. SL 5449.

3.23PM: Booked out at 5459. Loss 7 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5455, down 5 points, after touching a low of 5453 & a high of 5483.

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Wednesday, August 4, 2010

DAILY TRADING REPORT - 04.08.10 (Wednesday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5442 against its previous close of 5437, and is currently trading at 5431. It has so far recorded a HIGH of 5442 & a LOW of 5422. Asian cues are negative, US futures are in red, and European markets may open negative today. The trading range for NF today is likely to be 5380-5445.

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Nifty SMS Trade

12.29PM: Sold nifty at 5443. Target 5410/5400. SL 5453.

3.10PM: SL hit at 5453. Loss 10 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5463, up 26 points, after touching a low of 5422 & a high of 5471.

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Tuesday, August 3, 2010

DAILY TRADING REPORT - 03.08.10 (Tuesday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5440 against its previous close of 5434, and is currently trading at 5433. It has so far recorded a HIGH of 5447& a LOW of 5426. Asian cues are mixed, US futures are in red, and European markets may open negative today. The trading range for NF today is likely to be 5380-5450.

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Nifty SMS Trade

11.10AM: Sold nifty at 5436. Target 5400/5390. SL 5458.

3.18PM: Booked out at 5431. Gain 5 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5435, up just 1 points, after touching a low of 5419 & a high of 5447.

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Monday, August 2, 2010

DAILY TRADING REPORT - 02.08.10 (Monday)

Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5407 against its previous close of 5374, and is currently trading at 5410. It has so far recorded a HIGH of 5415& a LOW of 5402. Asian cues positive, US futures are in green, and European markets may open positive today. The trading range for NF today is likely to be 5390-5430 in a rangebound trade.

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