European & US Market closed neagtive on 6th Jan and Asia opended negative today.
Nifty watch for 09.01.12
Nifty may open flat or gap down this morning.
For the week important level is 4703. If Nifty breaks and close below this level may create weakness in the market.
Important support level for Nifty is 4703 and 4685
Where as important resistance levels for Nifty is 4803 and 4854
Above 4761 Nifty may try to hit 4775/4791/4810 today. Below it may go up to 4720/4713/4703
Investment Tip
1. Buy ITC at 200-202.50 TGT 206.50/212/215 SL 188.50 (1-2 weeks)
Past Performance
Day's (07..01.12) performance
1. Axis Bank 860 Jan CE Buy @ 22-22.50 SL 15.50 TGT 28/32/35
Day's (06.01.12) Performance
1. Buy Ajmera Realty @ opening TGT 118/125 - Booked full profits @ 124.50 - call closed - Profit of Rs. 11.50 per share
2. Buy Reliance Jan 720 CE @ 21-22.50 SL 15 TGT 25/28/32 - Booked full profit @ 27 - call closed - Profit of Rs. 1500/-
3. Buy Nifty Jan Fut @ 4761 TGT 4791/4810 - Nifty closed @ 4782.95 - Holding for Targets
Day's (5.1.12) Performance
1. Nifty Buy @ 4778.50 TGT 4793/4810 SL 4761 - Booked Profit @ 4791 - Profit of Rs. 625/-
2. Axis Bank Jan Fut Buy Above 856 SL 847 TGT 861.50/867 - Booked full profit @ 872 call closed - Profit of Rs. 4000/-
3. Axis Bank 850 CE @ 27 ...... TGT 35/40 - call given on 4.1.12- Booked Profit @ 40 on 5.1.12 - 3250/-
4. ICICIBank 780 CE @ 13 .....TGT 18.50/22 - call given on 4.1.12 - 1st TGT achieved booked full profit @ 18.50 - Profit of Rs. 1375/-
5. Nifty Jan Fut @ 4761 ....... TGT 4791/4810 - Call given at 4.1.12 - 1st TGT achieved - Profit of Rs. 1500/-
6. Buy Welcorp at CMP (85-88) SL 81.80 TGT 94.50/98.75 - Share tip provided on 29.12.11-all tragets achieved on 5.1.12 - Profit of Rs. 13 per share
Total Profit of the day - Rs. 10,125/-
