Market Outlook 20.12.11
Market faced stiff resistance and selling pressure at higher levels through out the day and traded in a narrow range. But recovered in last hour of trade. Sensex closed at 15379.34 (-112.01), Nifty 4613.10 (-38.50) and Nifty fut 4613.75 (-29.40). Index heavy weights Reliance and Tatamotors supproted the market recovery yesterday.US market closed in green, but almost all Eurpoean Market were in red. Asian Market today opened in Green.
Nifty Watch for 20.12.11
Nifty is expected to open gap up around 4625.
On Up side Nifty may try to hit 4642/4665 and 4692. If Nifty managed to close above 4665 it may hit 4723 and 4740 in coming days.
On down side Nifty may find support at 4580/4560 and 4542. A close below 4542 may lead Nifty to go down up to 4450 in coming days
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Past Performance
Day's (19.12.11) Profit
Sell Nifty Fut at 4589.75 (CMP 4597) TGT 4576/4559 SL 4611.75 - SL Triggered - Loss Rs. 1100/-
Buy Nifty 4700 CE at 45-50 TGT 72 SL 30 - Exit at cost (52)
Sell Nifty at 4641 SL 4659 TGT 4628 - Call was given at Dec 16 & advised to hold for TGT 4609 - TGT achieved on Dec 19- Profit Rs. 1600/-
Sell Axis Bank Dec Fut at 870-880 TGT 861/850 Sl 891.50 - Booked Profit at 850/- - Profit Rs. 7500/-
Day's (15.12.11) Performance
1. Buy Axis bank DEC 2011 CE 1000 Buy at 10-12 TGT 16/20/24 - booked profit at 14.50 - profit of Rs. 1125/-
2. Tatamotors Dec 2011 CE 180 at 3.75-3.85 SL 1.75 TGT 4.9/5.50/6.20 -booked profit at 5.75 - Profit of Rs. 2375/-
3. Buy Nifty Dec 2011 CE 4900 at 55-58 SL 43 TGT 72/84 - Sl hit - Loss of Rs. 600/-
4. Buy SBIN DEC fut at 1712 TGT 1719/1727 SL 1698 - call not executed
5. Sell Nifty at 4708 TGT 4694/4677/4660 Sl 4727 - All TGTs achieved - Rs. 2400/-
6. Sell Nifty at 4641 SL 4659 TGT 4628 - TGT achieved - Rs.650/-
Total Profit for the day- Rs. 5950/-
Day's (14.12.11) Performance
1. Buy Nifty fut with TGT of 4813/4830/4842 Sl 4720 - 1st and 2nd TGT achieved - Profit Rs. 2850/-
2. Buy Nifty around 4807 or 4778 SL 4725.75 TGT 4844.05/4863.70/4891.35 ..... hold up to Friday TGT 4920/4934 - 1st TGT achieved and advised to exit - Profit Rs. 1850/-
Day's (13.4.2011) Performance
1. Buy SBIN Dec 2011 CE 2000 at 13-16 TGT 22/29/32 - No SL , loss only Rs. 1625/- - holding
Day's (12.12.11) Performance
1. Buy SBIN Dec 2011 CE 2000 at 13-16 TGT 22/29/32 - No SL , loss only Rs. 1625/- - holding
2. Buy Nifty Dec 2011 PE at 75-85 TGT 102/110/125 SL 54.40 - call not executed
3. Buy SBIN 1846 or CMP SL 1797 TGT 1900/1915/1919 - ultimate TGT 2050 - SL Hit
4. Buy Axis Bank 985 or CMP SL 965 TGT 1000/1010/1017/1025 - ultimate TGT 1050 - 1st TGT Hit, holding
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Day's (09.12.11) Performance
Buy Nifty fut at 4900-4905 TGT 4940/4975/4993 SL 4854 - 1st TGT achieved
Day's (08.12.11) Performance
1. L&T Dec Fut Bought at 1330 hit SL 1313 - Loss of Rs. 4250/-
2. Reliance Dec Fut bought at 805.15 hit SL 791 - Loss of Rs. 3537.50
3. Buy Nifty Dec 2011 CE 5100 bought at 67 - holding
Day's (07.12.11) Performance
1. Buy SBIN Fut at 1870/1875 TGT 1897.60/1910 SL 1854.75 - call was given on 06.12.11 and both the target achieved on 07.12.11 (Profit Rs. 5000/-)
2. Buy Nifty Dec Fut at 5051.10 SL 5007 TGT 5107/5120/5133 - call was given on 06.12.11 and 1st and 2 nd Target achieved and booked profit at 5128 on 07.12.11 (profit Rs. 3845/-)
3. Buy Nifty 4900 Dec PE at 60-65 SL 47 TGT 84 - call was given on 05.12.11 and Stop loss hit on 07.12.11 (loss Rs. 900/-)
Day's (05.12.11) Performance
1. Buy Nifty 4900 PE (DEC 2011) at 60-65 SL 45.75 TGT 83/97 - call open - made a high of 74
2. Sell L & T Dec 2011 Fut at 1320 SL 1351 TGT 1290/1271/1263 - call closed at 1315- made a low of 1301 (profit - Rs. 1250/-)
3. Buy Infy above 2704 SL 2691 TGT 2714/2725/2740 - 1st & 2nd TGT achieved - call closed at 2714 -(Profit Rs. 10/- per share)
4. Buy SBIN Fut at 1870-1875 TGT 1897.60/1910 SL 1854.75 - 1st TGT achieved & made a high of 1906 - call open (profit 4500/-)
5. Buy Nifty Dec Fut at 5051.10 SL 5007 TGT 5107/5120/5133 - made a high of 5086 - call open
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