DATE:-4/10/2011

NIFTY SUPPORT:4728
NIFTY RESISTANCE:4845

TREND DECIDER LEVEL:4752

STOCK OPTION+CASH DELIVERY CALL:-

PREVIOUS OPEN POSITION:

HOW DOES OUR CALL WORKS IN THIS KIND OF HIGHLY BEARISH MARKET:..

1)CALL DISCLOSED:- MARKET IS FALLING LIKE ANYTHING BUT MARICO  STILL UP FROM OUR BUYING PRICE ...YESTERDAY RECOMMENDED TO BUY @142.30(SEE YESTERDAY'S POST)..TODAY MADE HIGH @144.50..HOPE IT WILL NOT BREAK @140.00 LEVEL BEFORE REACHING OUR TARGET...WATCH AND JUDGE!!
2)CALL DISCLOSED:- YESTERDAY WE ALSO RECOMMENDED TO BUY USHER AGRO @122.30(SEE YESTERDAY'S POST)...TODAY MADE HIGH @125.05....ONE CAN CONSIDER BUYING THIS STOCK WITHOUT ANY ANXIETY BY MAINTAINING STOPLOSS @120.00.


NET OPEN POSITION:-
1)MARICO ..BUYING PRICE@142.30...STOPLOSS @140.00 ..TARGET @147.00-149.00
2)USHER AGRO...BUYING PRICE@122.30...STOPLOSS@120.00..TARGET@127-130..