For this week monday's session is important.....if we cross 2930 then we might see another 3/4 sesions tith positive bias. I dont think big rally will be there but might lock for 20/30 points and then sudden rise of 30 /40 points at midsession . Same trend we have seen in most of january sessions.
IF 2930/2940 crosses then chance of crossing 3000 or even touching 3100 are there.
But as earlier above 3000 there is total resisrance zone. So better trade long for intraday and go short as a positional will be the good strategy.
for monday if nifty spot trade above 2870 and remains there then think to go long for tgt 2930/2940 spot...sl 2856 spot...if trades below 2856..go short for tgt 2825/2810.....sl 2870 spot
friday's call

1. athshree (01/30/09 9:57:10 AM): cover dlf told to short y'day @ 159...cmp 155.5
2. athshree (01/30/09 10:01:49 AM): buy bharati fture @ 619...sl 611...tgt 635/653
3. athshree (01/30/09 11:18:42 AM): buy sbi future @ 1096 sl 1085...tgt 115/1124
4. athshree (01/30/09 11:55:55 AM): buy icici bank future @ 403....sl 397...tgt 417/424
5. athshree (01/30/09 12:28:17 PM): sell bhel future @ 1303....sl 1314.3...tgt 1285/1265
6. athshree (01/30/09 1:02:57 PM): dont put sl order for bhel watch ....
7. athshree (01/30/09 1:38:11 PM): sell sterlite future @ 271.5...sl 281...tgt 255/245
8. athshree (01/30/09 1:51:02 PM): risky call...sell reliance ind future @ 1296...sl 1310...tgt 1155/lower
9. athshree (01/30/09 2:27:43 PM): if sensex close 9375+++ then upside to 9550/9700 possible.....then think to cover shorts
10. athshree (01/30/09 3:00:21 PM): carry in small quantity 3000 ce @ 69
11. athshree (01/30/09 3:16:30 PM): bhel and sterlite shorts carry...reliance square off

total calls ...7

intra profit booked 3

positional.....3

loss....1

intraday success rate 70%

profit