Wednesday, December 30, 2009

30.12.2009 Indraday Trade Report

Long Abv     : 3697 For 3709 - 3722 - 3734 - 3746 s/l 3680
Short Below : 3681 For 3669 - 3657 - 3644 - 3632 s/l 3698
12.00 - LONG ENTERED
05.40 - S/l Triggerd (HIGH-3704) - 17 points
05.55 - 2nd trade short entered
07.30 - S/l Triggerd (low-3677) - 17 points
07.35 - 3rd trade long entered
07.55 - 1st tgt achieved
09.05 - 2nd tgt just missed by 4 points (high - 3718) - 12 points profit
09.55 - 4th trade long entered
10.25 - 1st tgt achieved
10.50 - 2nd tgt achieved
11.00 - 3rd tgt achieved (high - 3735) - 38 points profit

34 POINTS LOSS - 50 POINTS PROFIT = 16 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.