BANKNIFTY

Friday, September 30, 2011

PERFORMANCE 30-09-2011

AS PREDICTED NIFTY DANCED ON OUR TUNE.
IN MORNING WE SAID BEARS ADAG CRASHED LIKE CARDS.
FUTURE CALLS : BOUGHT  BATA @645 -655 (2 TGT HIT) PSTNLY 680+
JP @ 74 - 74.5 EXIT (NO TGT)
SOLD RIL @ 799 - SL HIT @ 805 (PSTNL TGT 760 OCT SERIES)
OPTIONS :  BATA 680 CE @ 15  TGT 30+ (OPEN)
JP 80 CE @ 2.8-3  SL 2 TGT 4.2+ (OPEN)
IDFC 100 PE 1.4-1.8  TGT 3/5++ (OPEN)
HOLD GEMINI COMM FOR TGT 30++

PREDICTION 30-10-2011

WELCOME NEW SERIES OCTOBER
MARKET CUES MIXED
NIFTY TO OPEN DOWN HALF %.
THEN RECOVER, FRIDAY SELLING PRESSURE MAY DRIFT LOWER TO YESTURDAY LOW.
R - 5060  SUPPORT 4960-4910
BULLS- PHARMA, 
BEARS - RIL, ADAG STOCKS
SURPRISE MOVE : NIFTY MAY TOUCH 5150 IN DAYS TO COME. 
REASON : FINANCIAL CLOSING, NAV DILEMMA.

PERFORMANCE 29-09-2011

EXPIRY SUPER TRADE
FUTURE : BOUGHT TCS @ 1050-1060 (ALL TGT)
BOUGHT JP ASSO @72.5 - 74 (ALL TGT)
OPTIONS :  TCS 1050 CE @ 3.5 - 11 (300% RETUREN)

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