Wednesday, December 15, 2010

15.12.2010 Indraday Trade Report

BUY  - 3995 For 3410 - 4025 - 4040 - 4055 S/L - 3985
SELL - 3975 For 3960 - 3945 - 3930 - 3915 S/L - 3990
1ST TRADE SHORT ENTERED
Small traders can Exit crude Short at 3968/3969 (7 points profit)
07.07 - 1st tgt Achieved
2nd tgt missed by 2 points (Low---3947)
2ND TRADE LONG ENTERED
1st tgt Achieved
2nd tgt Achieved (High---4033)

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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.