UNPREDICTABLE MARKET 11 NOV 2008

UNPREDICTABLE MARKET

NIFTY - 10 NOV 2008
Open Price____________________3050.30
High Price____________________3173.40
Low Price ____________________3020.35
Last Price____________________3167.00
Prev Close____________________2985.80
Change from prev close________181.20
% Change from prev close______6.07
Average Price_________________3094.58
Underlying Value______________3158.95
Number of contracts traded____524006
Turnover in Rs. Lakhs_________810789.24
Open Interest_________________33981250
Change in Open Interest_______2515600
% Change______________________7.99
Relative strength index_______47.99
stochastic____________________47.16

REMARK - Nifty, i am calling NATKHAT NIFTY. Investor want control on nifty but nifty all ways against your logic. that is so funny thing in market. well, next trend discuss so technically is is bullish but fundamentally is bearish. Hugh confusion in this impotent index. i think, market wants some major news, give the direction. tomorrow announce IIP DATA, EXPECTATION is negative. then market change the current trend. better for intraday trading another wait and watch policy. LET'S SEE,,,

CASH SEGMENT TRADING -
IBREALEST - SHORT CMP-154, TARGET - 142,135. STRICT STOP LOSS - 164.
BANKBARODA -SHORT CMP-298, TARGET - 289,282. STRICT STOP LOSS - 308.

best for intraday trading - OPTION TRADING
OPTSTK HINDUNILVR 27NOV2008 PA 220.00 Premium 3.60/- * lot 1000/- = 3600/- inv.
remark - please see, cash market, if in cash segment stock go for maximum 266 level than you Buy this put, and stock nonstop go upside break the 274 level then exit this put. book your loss.

OPTSTK BHEL 27NOV2008 PA 1200.00 Premium 16.45 * LOT 75 = 1234/- inv
OPTSTK BHEL 27NOV2008 PA 1440.00 Premium 60.00 * LOT 75 = 4500/- inv
OPTSTK BHEL 27NOV2008 PA 1410.00 Premium 52.50 * LOT 75 = 3938/- inv
REMARK - Early morning you buy this put, i am sure you buy this put, more low rates.
but strictly you place stop loss order. stop loss you decide.

possible JACKPOT PUT-
OPTIDX BANKNIFTY 27NOV2008 PE 5000.00 Premium 121 * lot 25 = 3025/- inv

thank you,