Wednesday, May 08, 2013

Nifty


Total position 1000 Nifty long from 5680

Position : Without Risk takers  - Nil
                Booked 50%  @ 5970[+290] / Booked 50% 5840[+160]
                Profit : 1st Stage 500 @  5840 - Rs.80,000
                Profit : 2nd Stage 500 @ 5970 - Rs.1,45,000 -
                Total Rs.2,25,000.

Position : With Risk takers - Long 500- 6043[+363]
               Profit : 1st Stage 500 @  5840 - Rs.80,000
               Open 500  - Rs.80,000 + 500 Open long with sl 5900
               [Rs.1,81,500] - Total - Rs.2,61,500

Nifty Intra Day Trading Support 5990-5983 Resistance 6080-6087
Nifty Position Trend Support 5970-5963 Resistance 6102-6110

Suggestion : Hold long with sl 6000 (C)

With Risk takers stop loss 6000 [+320]

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