Nifty Future Intraday levels for Dec 12, 2011

Buy at / above: 4900   Targets: 4915.05 - 4932.59 - 4950.16 - 4967.76
Stoploss : 4882.51
Sell at / below: 4882.51   Targets: 4867.49 - 4850.06 - 4832.66 - 4815.29
Stoploss : 4900

AS IIP to be announced today, trade cautiously.

• 10:00 AM - Safe traders enter into trade after IIP data is out.
• 10:10 AM -NF short @ 4882 hit first target 4867. Book profits for now. Profit 15 points.
• 10:18 AM - If anyone still holding book near 2nd target.
• 10:52 AM - Just looked at the charts. NF was @ 4900 when levels are updated. Long @ 4900 hit SL. Loss 18 points.
• 11:01 AM - October IIP falls @ 5.1%
• 11:26 AM - Buy NF now @ 4845 with SL 4830
• 11:37 AM - Got to go, book profits at your comfort with given SL.
• 06:03 PM - Just now back from work. SL 4830 hit in long @ 4845
• Total loss today: 18 points.