Thursday, December 9, 2010

09.12.2010 Indraday Trade Report

BUY  - 4030 For 4045 - 4060 - 4075 - 4090 S/L - 4015
SELL - 4010 For 3995 - 3980 - 3965 - 3950 S/L - 4025
1ST TRADE LONG ENTERED
Small traders can Exit crude long at cost (4030/33)
1st tgt missed by 3 points (High---4042)
2ND TRADE SHORT ENTERED
S/l Triggerd - 15 Points (Low----4002)
3RD TRADE SHORT ENTERED
08.06 - 1st tgt Achieved
09.20 - 2nd tgt Achieved (Low---3980)

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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.