Friday, December 16, 2011

Nifty Future Intraday levels for Dec 16, 2011


Buy at / above: 4813   Targets: 4827.83 - 4845.21 - 4862.62 - 4880.07
Stoploss : 4795.56
Sell at / below: 4794   Targets: 4780.65 - 4763.38 - 4746.13 - 4728.92
Stoploss : 4812.89

Update:
  • RBI Monetary policy due today. Trade Cautiously. Safe traders wait till RBI policy is out.
  • SL hit in Short. 18 points loss. Long active now. (Loss 100*18=Rs.1800)
  • 10:00 AM - Long, 1st Target hit. Hold with SL 4795.
    • 11:41 AM - If anyone holding multiple lots book one lot here @ 4826. 
    • Revise SL to cost price.
    • Total profit: Rs.0 in 2 lots as 2nd Lot hits SL @ cost price.
  • Trading seems risky still at this point. Buy NF if crosses 4813 again. Don't sell yet.
    • 12:50 PM - NF long hit first target. Book one lot and keep SL 4794.
    • NF hit 1st target Rs.750 profit. NF made high of 4840. 
  • 02:02 AM - anyone holding shorts @ 4794?
  • 02:34 - Keep SL 4730 for shorts.
    • Book profits @ CMP at 3:15.
    • Booked @ 4650. 144 Points profit. in last short. Profit Rs.7200
  • Total Profit 7200-1800=Rs.5400

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