Sunday, November 9, 2008

MIDDLE OF THE WAY - 10/11/2008

Dear investor ,
Market, no words today. do the strictly intraday trading and shutter down. no positional holding in market. no risky trading this week. only simple and safe trading.
idea ,
"BUY" OPTIDX NIFTY 27NOV2008 CE 3500.00 25.55 LOT 50 = 1277/-INV
"BUY" OPTIDX NIFTY 27NOV2008 PE 2500.00 49.25 LOT 50 = 2465/-INV
1 CALL BUY AND 1 PUT BUY IF MARKET DOWN YOUR PUT BECOME PROFITABLE, CALL IS LOOSER SO LOSS IS 1277/- RS. BUT I AM NOT RECOMMEND STOPP LOSS. ONE SIDE YOU BOOK LOSES, AND OTHER SIDE YOU BOOKED PROFIT, AS 2 OR 3 WEEK VIEW.
THINK , IF YOU LIKE THAN TRADE.

INTRA DAY CALLS-
Company - Amtek Auto Ltd ( AMTEKAUTO )
"BUY" CMP - 68.15 TARGET 87( MINIMUM ) STRICT STOP LOSS- 65,LOT SIZE - 600 SHARE
Reson - inverted hammer + doji, and if you see 10 year graph see the support level is 65.RSI + STS give you buy signal. huge chances to this counter give up moment, at lease chart say 100 level is best but don't tech risk, exit 87.

Company - Bharat Forge Ltd ( BHARATFORG )
"BUY" CMP - 68 TARGET 108 STOP LOSS - 94. CASH TRADING ONLY.

Company - Housing Development and Infrastructure Limited ( HDIL )
"BUY" CMP - 118 TARGET 125, 137 STOP LOSS - 110.
OPTSTK HDIL 27NOV2008 CA 150.00 PREMIUM 5.40 LOT SIZE 516 INVESTMENT 2786


Company - Indiabulls Real Estate Limited ( IBREALEST )
SELL CMP - 157.35 TARGET 150, 143, 131 STRICT SL 165.

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