Tuesday, December 22, 2009

22.12.2009 Indraday Trade Report

Long Abv      : 3472 For 3484 - 3495 - 3507 - 3518
Short Below  : 3450 For 3438 - 3427 - 3416 - 3404
1st Trade Long Entered
Long S/l Triggerd (HIGH-3478) - 17 points
2nd Trade Short Entered
05.30 - 1st tgt just missed by 1 points
06.25 - 1st tgt achieved
09.28 - 2nd tgt achieved (low-3425)

17 points loss - 25 points profit = 8 points

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The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. "No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses" Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip.