Friday, June 19, 2009

Review: Indian market Prediction - Intra day for June 19- trade 50

See the intra day chart and the predictions ( also read the pre market prediction)

Total profit on shorting was Rs 4000 after brokerage. Clearly setting profit booking targets can mean difference between large profits as was possible today and no profit.

Interestingly although hinted about rise in index towards end of day, no trade was given- possibly the largest rise in the nifty for the day

Prediction as posted today(below)

Trade no 49- specific trade recommendation was not given.
Nifty now close to day's high , sensex at 185 near day 's high point.
Buy 10 nifty 4300 puts at current price of Rs 86 and another 20 at limit price of Rs 73 before 1 pm.
Market may correct temporarily again in afternoon. Protect profit by margin of Rs 15 withtraling stop loss of rs 5

 
[Valid Atom 1.0]