Nifty Trade for 9-4-10

Nifty Today opened @ 5307 & climb higher after it to 5331.
Some short covering may occur upto 5350 levels.
Trade for today
Short Nf @ 5345 Sl-5360 T-5320,5300
Buy Nf @ 5290 Sl-5275 T-5310,5330

Short Term stock recomendation
Buy Aban @ 1210 Sl-1165 T-1260,1300 HIT 1265 (1st Target Achived hold for @ target)
Buy Abg shipyard @ 261 Sl-248 T-288 Hit -278
Buy Bajaj Hind @138 Sl-130 T-160 (Illango sir recomend)
Buy Bank of India @358 Sl-345 T-370,380 Hit 379 book partial profit.

Calculation of profit on Option heding Strategy
Short 5100Ce @ 230-229(closing price)=1
Short 5400Pe @ 175-138 (closing Price)=37
Nifty long From 5300-5301 (closing Price)=1
Total Profit-1+37+1=39 points
target 200 points till 15 april.