Aug 26, 2011

A Great Start To New Expiry

A Great Start

  • The Contra Approach Played Very Well.
  • First SL for buy got Triggered at 4763 --- Still it is a buy with SL of 4667.
  • We have to see the Bounces and the strength of it.
  • Resistance at 4763 and then 4880 now.
  • Some How I am Expecting a Decent Rally till 4980 - 5066.
  • SL for shorts is 4880 and for longs is 4667 Now

Have a great Weekend :)


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6 comments:

  1. kuheliAugust 26, 2011 at 9:10 PM

    stop loss closing basis?

    ReplyDelete
  2. POWERTRADEAugust 26, 2011 at 9:30 PM

    @Kuheli

    4667 is the SL on Closing Basis

    ReplyDelete
  3. HemantAugust 26, 2011 at 10:28 PM

    Sir

    Today i also got Tata Steel 480ce @ 6

    let see how it goes.

    ReplyDelete
  4. POWERTRADEAugust 27, 2011 at 11:01 AM

    @Hemant

    Book near 12-15 rupees as it will be 100% profit and possible that we get a Gap up in steel and steel is on fire in international markets so place a pre market order at 12.50 - 13

    ReplyDelete
  5. HemantAugust 27, 2011 at 11:42 AM

    Thanks for your reply

    I will do the same

    ReplyDelete
  6. POWERTRADEAugust 29, 2011 at 11:16 AM

    @Hemant

    Tata Steel 480 Call is not Moving Better book it at cot to cost.

    ReplyDelete

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