Friday, September 24, 2010

Mid-day report ( 24th Sept)

We identified this trend day early today and are pleased to see the Nifty at 6032 levels currently.

There was little doubt that once yesterday's 5947-5976 was resolved, we would see strength above 5990 levels.

We initiated and booked some very good trades so far :

Consider these intra plays :

*Long Nifty at 5984.

*Long BN at 12170

*Long LT at 1292

*Long Axis bank at 1482

It's always better to know the type of day unfolding if you wish to be a good intra day player.

Have a good weekend.

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