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NIFTY Intra-day plan - 15-May-08

 
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Author NIFTY Intra-day plan - 15-May-08
daytrader007
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Post: #1   PostPosted: Thu May 15, 2008 9:36 am    Post subject: NIFTY Intra-day plan - 15-May-08 Reply with quote

NIFTY outlook for intra-day - range bound to positive
Likely NIFTY future range for the day - 5010-5030 in lower side, 5100-5120 in upper side.
Strategy for intra-day - sell 5000 PUT closer to first 1/2 hr high with 20 points SL, this may fetch 40 odd points on intra-day.

Disc: I am not responsible for any loss due to SL hitting.
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mayurnsk
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Joined: 18 Jan 2007
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Location: Nasik, Maharashtra

Post: #2   PostPosted: Thu May 15, 2008 10:30 am    Post subject: Reply with quote

Hi

Swdas


Nice to see your posting in forum. Just keep it up. It helps in reviewing and going to the logs.

Regards
Mayuresh Jahagirdar
Nasik
Maharashtra
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daytrader007
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Post: #3   PostPosted: Thu May 15, 2008 10:33 am    Post subject: Reply with quote

I have written at 80, keeping SL at 100, expecting 40-50 targets today.
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daytrader007
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Post: #4   PostPosted: Thu May 15, 2008 1:44 pm    Post subject: Reply with quote

booked 50% profit at 67 earlier, exiting rest now at 73. market likely to fall if future price breaks 5055.
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daytrader007
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Post: #5   PostPosted: Thu May 15, 2008 2:00 pm    Post subject: Reply with quote

Please do not remain long in market now.
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daytrader007
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Post: #6   PostPosted: Thu May 15, 2008 2:12 pm    Post subject: Reply with quote

shorted NF at 5075 with day's high as SL, targeting 5040-5010.
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daytrader007
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Post: #7   PostPosted: Thu May 15, 2008 2:46 pm    Post subject: Reply with quote

SL of NF shorts got hit, has not reversed the trade.
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kiran.jain
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Post: #8   PostPosted: Thu May 15, 2008 4:19 pm    Post subject: Reply with quote

good one swdas.......
regards
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DH1988
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Post: #9   PostPosted: Fri May 16, 2008 9:45 am    Post subject: hi Reply with quote

Hi,nice to see ur coments in forum,its realy good,giving confidence,sach maza aagaya!!
regards DH1988[color=indigo]
[/color][/b]
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