Monday, June 7, 2010

Nifty Trade for 7-6-10

Good Morning Friends,after dow closing 300 points lower on friday our market open with a big gap today near to sub 5000 levels.
Every one is not happy with such kind of fall except me because I am hugly short in Nf nearly 5 lots @ 5060.
I book out few of my shorts @ 5000 & holding rest for more downside.
If Nifty closes today below 5020 we may see below 4900 again in june.
So keep a close eye on 5020.
Trades for today:-
Buy Nf @ 4995 Sl-4980T-5020,5050
Short Nf @ 5035 Sl-5060 T-5000,4980,4960
Trade safe & Keep strict sl.

Nf Profit Calculation.

Nf Gain on 1-6-10:-  8 points
Nf Loss on 2-6-10:- 20 points
Nf Loss on 3-6-10:- 23 points
Nf Loss on 4-6-10:- 20 points

10 comments:

  1. Thx Arun
    Now bought Nf @ 4994 Sl-4980

    ReplyDelete
  2. Can buy maruti with sl 1271 T-1400+++

    ReplyDelete
  3. Broker call
    BUY ESSAR SHIPP 500630 AT 84 TARGET 87-90-95-97 Sl-80

    ReplyDelete
  4. Dear Musti sir,

    Bought nf 5002 with sl 5080 and a few shares of maruti @1311.

    Regards
    suraj

    ReplyDelete
  5. Suraj
    Y U bought @ 5002 when Nf available @ 4995
    It will less our profit only.
    Wait for maruti to come down I will buy near 1300
    U can also look at Sun Pharma buy it near 1650 with sl 1600
    Also Techmahindra @ 680 SL-650
    Grasim is another buy candidate @ 1760 Sl-1740

    ReplyDelete
  6. Nifty Finds very hard to cross 5005 I close my longs @ 5002
    Reinitiate long above 5012 waiting for a break above it.

    ReplyDelete
  7. Yes Sir. I will take care in future.

    ReplyDelete
  8. some chnage in Nf intraday calls
    Buy Nf above 5013 sl-4990 T-5040
    Short Nf @ 4980 sl-5005 T-4950

    ReplyDelete