The Indian market was due for a bounce-back and it couldn't have come at a better time on an auspicious occasion like Akshaya Tritiya. It was a classic pullback led by rate sensitives, autos and banks which were whacked out of shape by the bears this week...WILL THIS RALLY CONTINUE OR AGAIN DOWN SIDE???...WE HAVE THE RIGHT ANSWAR BUT DO YOU HAVE?.
TODAY WE BOOKED PROFIT OF ALL POSITIONS( SEE THE POST OF 4TH MAY,2011).
NOW SEE WHAT WAS THE POSITIONS.
1) BPCL FUTURE BOUGHT @648-650 .NO STOPLOSS .TARGET GIVEN @685/700..(TODAY BOOKED 75% POSITION AT 675...STILL HOLDING 25% FOR FOR THE NEXT TARGET...
2)TATAMOTOR FUTURE BOUGHT @1160...NO STOPLOSS..TARGET GIVEN @1190/1200.(FULL TARGET ACHIEVED TODAY AND WE BOOKED ALL).
TODAY'S INTRADAY CALL:- BUY JET AIRWAYS @462. STOPLOSS@459 TARGET @475-480( TARGET ACHIEVED ..MADE HIGH OF 499)
PROFIT SHARING CALL:-
TODAY WE BOOKED PROFIT OF ALL POSITIONS( SEE THE POST OF 4TH MAY,2011).
NOW SEE WHAT WAS THE POSITIONS.
1) BPCL FUTURE BOUGHT @648-650 .NO STOPLOSS .TARGET GIVEN @685/700..(TODAY BOOKED 75% POSITION AT 675...STILL HOLDING 25% FOR FOR THE NEXT TARGET...
2)TATAMOTOR FUTURE BOUGHT @1160...NO STOPLOSS..TARGET GIVEN @1190/1200.(FULL TARGET ACHIEVED TODAY AND WE BOOKED ALL).
SURE SHOT PACK:-
TODAY'S INTRADAY CALL:- BUY JET AIRWAYS @462. STOPLOSS@459 TARGET @475-480( TARGET ACHIEVED ..MADE HIGH OF 499)
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