Tuesday, August 12, 2008

COMMODITY UPDATE

CARRY YOUR GOLD , SILVER, CRUDE LONGS

Fii Data

FII
12/08: -687.19 Cr. (Prov)
DII
12/08: -7.65 Cr. (Prov)
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down trend

NIFTY FUT: We made a typing mistake. We typed Target as 4522.10-4524.10 zone. That was not correct. Actual Target is 4468.15-4470.15 zone. Error is regretted.

only positional traders

CARRY ALL YOUR SHORTS FOR TOMMOROW.NIFTY TARGETS 4470,4440.
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only sell index fallin!!!!!!

NIFTY FUT: If downtrend continues then it will fall up to 4522.10-4524.10 zone. Rallies up to 4559.60 can be used to sell. SL at 4654.00 level.

sell metals

CLSA puts a SELL on STEEL.

Most bearish call on the sector for nearly a year. Post Olympics the overcapacity in China will become apparent. Investors would note US Steel fell 10 per cent in New York last night. Sell all metal stocks

only positional traders

HOLD YOUR SHORTS IN NIFTY,STOCKS AND HOLD NIFTY PUTS.

IF YOU WANT TO HOLD COMMODITY LONGS,HOLD TILL EVENING.
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SELL NIFTY IF DOWNTREND

NIFTY FUT: If downtrend continues then it will fall up to 4549.05-4551.05 zone. Rallies up to 4600.05 can be used to sell.

only positional traders

CARRY OLD SHORTS,BOOK PARTIAL PROFITS IN INFOSYS,TCS SHORT.
SHORT ONGC FOR A TGT OF 1065,1040.SHORT ICICI TGT 720,705.SHORT SBI TGT 1540,1505.SHORT NIFTY TOO
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Only for postional traders

FII DATA

INTRADAY TRADING CALLS

Hi this for testing only