INTRADAY UPDATES FOR 03 DEC

Nifty spot cmp..6019.....now watch 6022...if cross then 6040.....one may go short with sl 6040....risk of 20 points.....but keep strict sl...if trade above 6040 for 15 minutes then exit short....

For 03 DEC 2010

Nifty spot is at important level currently.....if it close above 6040 then it might go towards 6090....if profit booking starts there then again chances of testing 5700 or lower levels are high.....if close above 6090 then 6145 on card...
On lower level in short term supports are at 5996/5954/5916.....

Intraday Updates 1 DEC

IMP....if nifty spot closes near high today then it is forming very strong bullish pattern.....

Nf first tgt was 5940 for long taken at 5776 spot--5795 nf--nf hits 5935.....today if close above 5878 then carry long ...or decide...


NIFTY TGT 5940 DONE.......

nifty future cmp 5943..spot at 5929..book all long....and take a short...small quantity....

SL for short taken at nifty spot 5929 is 5941...if trade above in next 30 minutes then exit short....

sl hits....exit short...

just 10 points risk was taken......now wait for next trade....

http://stockmarketdotcom.blogspot.com/2010/11/option-strategy-for-dec-series.html#links

this was told ... review it