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HOW TO EARN RS.1CRORE

Thursday, March 17, 2011

OPEN POSITIONS OF THE DAY

OUR CLIENTS ARE HOLDING LONG IN TCS FUTURE FOR TARGET 1116-1124-1132
ALSO HOLDIN TCS 1100 CALL OPTION FOR TARGETS 36/40/44 

3'O CLOCK PACK CALL
BTST
 
TARGET 225.50/228.50/231.50

 
WE BOOKED PROFIT IN CAIRN 340 CALL OPTION AT 12 BOUGHT AT 9 ON TUESDAY



BANK NIFTY - INVERSE HEAD & SHOULDER FORMATION INTACT

101% Inverse Head & Shoulder formation still intact !
Breaking Point :11280.
Rally of 1000 points ………Not ruled out !!
Have u seen Triangle of 506 points ?
10600——–11025 are points to remember
Once breaks or crosses above levels ,Traders can jump and see Mind blowing fall or rally of 506 points !!
We Think in next 1-2 days ,Trend for Market will be decided !!
If Rally of 506 point starts then we are sure It will rally more by another 500 points reason Inverse Head & Shoulder formation.
-Suppose 1000 point rally comes in BANK NF ,Then Bank Stocks will be on FIRE !
+RELIANCE above 1057 will catch Fire !
=NIFTY FUTURE :Heading towards 5750-5800-5900+
But everything depends on Bank Stocks +RELIANCE !!

NIFTY STRATEGY - MAR 17TH

nifty
NIFTY Touched 5553 (and started downward)
This fall will be heavy selling
.
Now you can short NF 5529-5537 and keep stoploss 5542 and gofor targets 5468-5442-5406 and 5379 intraday


-No need to use Brain-
5464-5454 are Support & 5567 is Major Hurdle !
-Do …What ever u want to do ?
Today again it will be a Boaring Day !
Low volumes ,Lacklusture movement
After Policy too ,We Don’t see any charm.