Wednesday, August 19, 2009

Profits on day trade: Intra day Indian stock market Predictions Aug19

 
20 nifty call soptions were recommended -purchased at Rs 128 average price. Approx profit Rs 25000-Rs 35,000 depending on stop loss ( closing  premium is Rs 156).
 
No trade was recommended for downside in lateafternoon although market slid again as indicated in prediction below
 
Prediction as Posted around 12 noon
 
 

Nifty down at 4379. Buy 10 call options 4300 august at Rs 131 and another 10 at rs 125. exit if loss extends to rs 117.
 
If market rises now as is expected. there may be another fall in late afternoon

 
 
 
disclaimer:  Risk and responsibility lies with user of these predictions




 
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