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Thursday, October 23, 2008

Nifty target achived

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Index Resist-2 Resist-1 Close Support-1 Support-2
--------------------------------------------------------------
Nifty 3100 3090 3065 3031 3021
---------------------------------------------------------------

Future

------------------------------------------------------------------------------
Script List SELL With a SL Target 1 Target 2 Comment
------------------------------------------------------------------------------
Nifty-29OCT 3070 3021 3010 2905 - tgt.2 achieved
NIFTY-Nov 3082 3041 3035 2910 - tgt.2 achieved
------------------------------------------------------------------------------

Option's(29-oct) (1:3) ratio
---------
------------------------------------------------------------------------------
Script List SELL With a SL Target 1 Target 2 Max. Profit Max.Loss
------------------------------------------------------------------------------ Nifty-3000-cE 147 99 10 39,000 UNLIMITED
Nifty-nov-3200-CE Buy 160 UNLIMITED
-------------------------------------------------------------------------------

Max. Profit is calculated as :

buying back Nifty call 13@3000 = (138- 99) = 39 x 1000 = 39,000.

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