Monday 23 March 2015

Trade update

Nifty:

We have provided in previous post that "You can short Nifty when it will reach 8575.01 Short the NIFTY one lot future at this level. My first target for sell this stock is 8544.17. And when it reaches 8536.46 levels please exit from the trade. "

Today's level:

My first target 8544.17 reached.

8575-8544=31 *25 =Rs 775.

Profit =Rs 775.

Hdfc Bank:

 We have strongly insist that, once HDFC bank crosses the 1056.08 it will going down.So once EQ crosses 1056.08 level please short 1 lot of HDFC bank future. Target for this stock is 1042.5.Please wait till expiry.

HDFC bank today open is 1,055.95 and Today low for this stock is 1,046.00.

It is nearing my target. I hope my target 1042.5 will be reached in tomorrow.

 

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