Friday, July 31, 2009

July 31st : Live Market Trading Calls Updated @ SLT by JK [Profit = Rs7,950/lot in Nifty Future & Option for today]

We strongly conveyed to all our trading members yesterday that market will open 80-100pts on friday and today we have seen that. Again today when Nifty was 80pts we reco a short call on Nifty and look now mkt has come down, hence making a descent gains for our trading members. Apart from technical indicators, if you look at the European market, they opened almost flat to -ve and Asian market are in the range of 1-1.5% up. Indian market expected to perform in similar way. Just after the expiry there was run for Aug series of future, but we are sensing that smart money is slowly exiting from the counter after seeing good interest from the retail/DII.
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Snapshot of today's live Nifty future/option calls : Rs7,950/- profit per lot for today!!!
July 31st - 10:49am: Nifty 88pts up, we anticipated this move yesterday. Book partial profit in Nifty 4600 Call buy given @100 now Rs204 (Profit = Rs5200/lot): JK, HBJ Cap
July 31st - 1:09pm: Short Nifty Future around spot 4650-55, SL @4667, Tgt#1 4635, Tgt#2 4615, Tgt#3 4596. Buy Nifty 4600 Call Option @150 (now Rs196) only if mkt falls: JK
July 31st - 1:46pm: Nifty Future Tgt#1 4635 achieved (Profit =Rs1000/lot), book partial profit. Mkt likely to fall, look for Tgt#2 4615. Buy Nifty 4600 Call @3pm: JK
July 31st - 2:10pm: Nifty Future Tgt#2 4615 achieved (Profit =Rs2000/lot), book partial profit now. Mkt likely to fall further, look for Tgt#3 4596: JK, HBJ Capital
July 31st - 2:53pm: Nifty Future Tgt#3 revised to 4600, book complete profit (Rs2750). Don't take any fresh pos in Nifty 4600 Call, no clear direction for tomm: JK, HBJ Cap
July 31st - 2:56pm: Hope you are enjoying the trading calls after re-structuring of SLT from July 25th. Any suggestion/improvement are most welcome. - JK, HBJ Capital
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Keep watching JK @ http://www.stoplosstrade.com/ [Only for exclusive subscribers of SLT]:-
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- Team HBJ Capital

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