Friday, March 5, 2010

05.03.2010 Indraday Trade Report

BUY  - 3700 For 3713 - 3728 - 3740 - 3752 S/L - 3685
SELL - 3680 For 3667 - 3655 - 3643 - 3630 S/L - 3695
05.30 - 1st TRADE SHORT ENTERED
S/l Triggerd - 15 points (low---3676)
07.05 - 2nd TRADE LONG ENTERED
07.35 - 1st tgt Achieved
08.20 - 2nd tgt Achieved
08.30 - 3rd tgt Achieved (high----- 3742)
40 points profit - 15 points loss = 25 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.