Wednesday, January 27, 2010

27.01.2010 Indraday Trade Report

Long Abv     : 3480 For 3492 - 3503 - 3515 - 3530 S/L - 3464
Short Below : 3460 For 3449 - 3435 - 3423 - 3412 S/L - 3474
1st Trade Long Entered
1st tgt just missed by 4 Points (3488)
S/l Triggerd - 16 points
2nd Trade Short Entered
S/l Triggerd - 14 points
3rd Trade Long Entered
1st tgt Achieved (HIGH - 3495)
4th Trade Short Entered
1st tgt Achieved
2nd tgt Achieved
3rd tgt Achieved
4th tgt missed by 6 points (LOW-3418)
30 Points Loss - 54 Points Profit = 24 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.