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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