Tuesday, January 5, 2010

04.01.2010 Indraday Trade Report

Long Abv    : 3747 For 3760 - 3772 - 3785 - 3797 S/L - 3730
Short Below : 3723 For 3710 - 3698 - 3686 - 3674 S/L - 3742
01.20 - 1st trade short entered
S/l Triggerd (low-3720) - 19 points
02.35 -2nd trade long entered
03.25 -1st tgt achieved (high-3763)
07.35 - 2nd tgt achieved (high-3776)

19 points loss - 29 points profit = 10 points profit

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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.