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Friday, November 28

Today's Profit - 28-11-08

The following are the Recommendations given today in our Nifty Chat.
1)
28 Nov 08, 13:21srisin02: Call 1: Go short below 2726 with target of 2708.
28 Nov 08, 13:40srisin02: Call 1: Target achieved.
This call activated and hit the target 2726 - 2708 Profit of Rs : 900/-
2)
28 Nov 08, 14:17srisin02: call 2: Go long above 2763 with the target of 2784 cautious at 2774, 2779.
This Call activated and moved exactly upto our cautious point 2779 and turned back with out achieving our target 2763 - 2779 Profit of Rs : 800/-

Today's Total Profit : Rs. 1,700/- per lot in Nifty Futures.
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Profits on past 3 days

Dear Readers,
As there is continous power failure in our place, we were not in a position to follow the market and provide live calls for last 3 days. Sorry for the inconvenience. Any how, when ever possible we are trying to give atleast 1 or 2 calls in those days also except Tuesday. Hope everything will be fine from next week.


The following are the Recommendations given on 26-11-08 in our Nifty Chat.
1)
26 Nov 08, 11:18srisin02: Go Short below 2644 with target 2632 and 2620
----------call not activated.
2)
26 Nov 08, 11:19srisin02: Call 2: Go Long above 2666 with target 2683 and 2693
----------call activated and both targets achieved. 2666 - 2693. Profit of Rs. 1,350/-

26-11-08's Total Profit : Rs. 1,350/- per lot in Nifty Futures.

No Calls given on 25-11-08

The following are the Recommendations given on 24-11-08 in our Nifty Chat .
1)
24 Nov 08, 11:24srisin02: Call 1: Go Short below 2683 with Target T1-2667 and T2-2650
24 Nov 08, 11:59r k talwar: sir, please advise sl fof short call
24 Nov 08, 12:10srisin02: hi rk, if required keep 2705 as SL
24 Nov 08, 12:21srisin02: SL activated, call failed
24 Nov 08, 12:39Umesh: I think 1st call trgt achive now
---------- This was a complicated call, The call got activated and achieved our target. But one of our reader had asked for stoploss and adviced a SL for him. As SL got activated he might have booked loss and few others had made profit. But we consider this call as failure call.
----------2683 to 2705 ie 22 points Loss of Rs. 1,100/-
2)
24 Nov 08, 12:59srisin02: Call 2: Short below 2667 with target 2648
24 Nov 08, 14:10srisin02: Call 2 : Target achived Book Profit.
----------2667 to 2648 ie 19 points Profit of Rs. 950/-
3)
24 Nov 08, 13:02srisin02: Call 3: Go Long above 2715 with target 2733
24 Nov 08, 15:28srisin02: As market is about to close get out of call 3
----------call got activated while nearing the market close. So we closed this call when Nifty was at 2709. So 2715 to 2709 ie 6 points. Loss of Rs. 300/-
4)
24 Nov 08, 14:16srisin02: Call 4 : Go Short Below 2640 with target 2622,2614.(high risk call)
24 Nov 08, 14:43srisin02: call 4: failed
---------- call got activated but failed to achieve target. We mentioned this when nifty was 2682. So 2640 to 2682 ie 42 points. Loss of Rs. 2,100/-

24-11-08's Total Profit : Rs. - 2,550/- (loss) per lot in Nifty Futures.
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Friday, November 21

Today's Profit - 21-11-08

The following are the Recommendations given today in our Nifty Chat.
1)
21 Nov 08, 11:09srisin02: Call 1: Go long above 2647 with the target 1- 2667 T2-2683.
21 Nov 08, 11:59srisin02: keep SL 2650
This call got activated and moved up to 2662 and turned back. Our SL 2650 activated and we got out of trade. No Profit No Loss.
2)
21 Nov 08, 13:34srisin02: Call 2: High risk call Go Short below 2609 with Target-2596, T2-2586.
21 Nov 08, 13:39srisin02: Call 2 : Target 1 achieved.
21 Nov 08, 13:45srisin02: Call 2 : Target 2 achieved.
This call activated and hit both target 2609 - 2586 Profit of Rs : 1,150/-
3)
21 Nov 08, 15:07srisin02: Call 3: Go Long above 2667 target 2683.
21 Nov 08, 15:13srisin02: Target achieved. Keep 2684 as SL and wait for 2694.
21 Nov 08, 15:14srisin02: Again on target. Keep 2694 as SL wait for 2705
21 Nov 08, 15:17srisin02: Target achieved. Book Profits. Those willing can wait for 2726.
This call activated and hit all target 2667 - 2705 Pofit of Rs : 1,900/-

Today's Total Profit : Rs. 3,050/- per lot in Nifty Futures.
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Thursday, November 20

Today's Profit - 20-11-08

The following are the Recommendations given today in our Nifty Chat.
1)
20 Nov 08, 10:58srisin02: Call 1: Go long above 2549 with the target 2572.
20 Nov 08, 13:10srisin02: Call 1: activated but failed.
Call activated and moved up to 2563 and turned back. We had givien our call failure when nifty was 2548. No Profit no loss. (But in later part of trade market went to our target).
2)
20 Nov 08, 11:07srisin02: Call 2 : Go Short bellow 2505 with the target 2485.
20 Nov 08, 11:58prabhas: call 2 activated
20 Nov 08, 12:12srisin02: The rise is due to positive inflation data. Still our call is active.Strong hearted can wait .
20 Nov 08, 12:49srisin02: call 2 : failed
This call activated just went two points from there and because of inflation news it started moving up. we had given our call failure at 2535 so loss of Rs: 1,500/-

Today's Total Profit : Rs. - 1,500/- (loss) per lot in Nifty Futures.
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Wednesday, November 19

Today's Profit - 19-11-08

The following are the Recommendations given today in our Nifty Chat.
1)
19 Nov 08, 10:58srisin02: Call1: Go Short bellow 2705 with the target 2685.(Cautious at 2694).
19 Nov 08, 14:25srisin02: Our call 1: Short at 2705 activated and target achieved. Keep 2685 as SL wait for 2666
19 Nov 08, 14:45srisin02: Call 1, Target 2 achieved.
-------------- 2705 to 2666 = 39 points ie Rs.1950/-
2)
19 Nov 08, 11:29srisin02: Call 2: Go long above 2751 with the target 2774.
19 Nov 08, 12:22srisin02: long call activated. Near target. book profits
-------------- 2751 to 2772 = points ie Rs.1050/-
3)
19 Nov 08, 12:47srisin02: call 3: Go short below 2742 with target 2727
19 Nov 08, 13:22srisin02: Our call 3: activated and target achieved.
-------------- 2742 to 2727 = points ie Rs.750/-

Today's Total Profit : Rs.3,750/- per lot in Nifty Futures.

Todays Intra Day High -2772.40 This is where we asked to book profit though our target was 2774, because of Low Volumes that is technical analysis.
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Tuesday, November 18

Today's Profit - 18-11-08

The following are the Recommendations given today in our Nifty Chat.
1)
18 Nov 08, 11:05srisin02: Call 1: Go long above 2774 with the target 2794 (Cautious at 2784). -------Not Activated.
2)
18 Nov 08, 11:06srisin02: Call 2 : Go Short bellow 2705 with the target 2685.
18 Nov 08, 12:15srisin02: Short call activated and target achieved. Maintain SL of 2785 and wait for target of 2766
18 Nov 08, 12:30srisin02: Trailed SL 2785 activated
---------Market moved till 2675 and turned back. So, 2705-2685 = 20 points ie Profit of Rs. 1,000/-
3)
18 Nov 08, 13:58srisin02: Call 3: Go Long above 2753 with the target 2769.
---------Not Activated.
4)
In the later part of the day, Our Call 2 got re-activated and this time it achieved our second target ie 2705-2685-2666. You can witness that todays intraday low is 2664.30. See the Power of technicals.

Today's Total Profit : Rs.1,000/- per lot in Nifty Futures. (not considering the second short opportunity, If is is added, then profit will be additional Rs. 1,950)
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Attention Viewers

Our Recommendations are purely for day trading purpose. Trading successfully with this informations requires the following basic things.

1) Demat account and online trading account with the same broking house.

2) High speed internet connections preferably broadband.

3) Live Streaming Quotes with nifty and nifty Futures in single window. ( Suggested india infoline, sharekhan, indiabulls).

4) Time to continously sit in front of online terminal during market hours.

5) Required margin amount to trade Futures. (minimum Rs:40,000 per lot).

So all the above mentioned is possible only for persons who are doing business or those who depend for income only from share market. Is there any possibilities for others who are in various job to earn extra money from share market?

Yes.

There is something called momentum or position trading. Here if we know confirm that a particular stock will rise in a period of time, we can buy and sell it with some profit.

We will be giving those recommendations also. But this is not the right time as there are lot of volatility in the market. We are expecting market to stabilize in the range 2596 - 2250 anyhow we have to wait till nifty to go above 3250 for doing successful short term or momentum trade.

Note : Usually rediff,sify,yahoo will show the values delay by atleast 10 mins. To See online nifty values without delay go to nse home page, select indices tab,select statistics and then select Index Watch (Live) or
Online Indices Charts .
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Monday, November 17

Today's Profit - 17-11-08

Call 1:-
17 Nov 08, 11:52srisin02: Go short 2705 to T1-2685 T2-2667
17 Nov 08, 12:50srisin02: our short call failed to hit target moved up to 2694

This call got activated and moved upto 2694 and then started moving up. Call Failed. Informed this when Nifty was 2723. So Loss of 18 points ie Rs. 900/- (this is our first call resulted in loss)

Call 2 :-
17 Nov 08, 14:18srisin02: Go Long Above 2750 with the target of 2774
17 Nov 08, 14:51srisin02: Long call target achieved. Book profit or wait for 2792 with StopLoss of 2774
17 Nov 08, 14:59srisin02: Trial StopLoss to 2792 to next target of 2820
17 Nov 08, 15:06srisin02: book profits

This call activated and we had given live messages to continue the call till 2820 and booked profits. Exactly from there Nifty moved till 2823 just 3 points from target and turned back.
So in this call we made profit of 70 points ie Rs. 3500/-

Today's Total Profit : Rs.2,400/- per lot in Nifty Futures. You can get our free live calls in Nifty Chat present in the right hand corner of this blog.
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Friday, November 14

Today's Profit - 14-11-08

Today we had given 2 Long calls and 1 short call in the Nifty Chat

First Long Call: 14 Nov 08, 11:15srisin02: Go Long above 2879 for the target of T1- 2899,T2- 2928. Not Activated

First Short Call: 14 Nov 08, 11:21 srisin02: Short below 2825 with the target of T1- 2798. Activated and Target achieved (trading oportunity - 3 times) Rs. 1400 per trade

Second Long Call: 14 Nov 08, 13:02srisin02: Go above 2847 with target 2874 (cautious at 2857) Activated but Failed to hit target. Nifty moved up till 2865 and started falling down. As cautioned exit at 2857 gives you profit of Rs. 500/-

Today's Total Profit : Rs.1,900/- per lot in Nifty Futures. (considering minimum of 1 out of 3 trade)
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Chat for Trial

Blog Readers,
We are experimenting an additional facility in this blog. In the right corner of the screen you will see a chat box where every one can post.

We will be posting our recommendations in the chat Box in the name srisin02. Kindly requesting you all to post your views on market (use names other than srisin02).

This is only a trial version so it has to be refreshed often to see new post (use refresh button available in the chat box itself ). It can be upgraded if found usefull and there are no sticky or spam messages.

Wednesday, November 12

Market Holiday

Tomorrow 13-11-2008 Thursday market will be shut because if GuruNanak Jayanthi.

Today's Profit - 12-11-08

Our Long Call : Activated and first target achieved. 2960 to 2971 (11 Points) Rs. 550/-
Our New Shortcall : Activated and target achieved. 2894 to 2856 (38 points) Rs. 1,900/-
Our First Short Call : ActivatedBoth targets achieved. 2856 to 2828. (28 points) Rs. 1,400/-

Today's Total Profit: Rs. 3,850/- per lot of Nifty Futures.

Nifty Today - 12-11-08 (update 2)

Our Long Call activated and first target achieved. 2960 to 2971

Our New Shortcall activated and target achieved. 2894 to 2856

Thereby activating our First Short Call: Even this both targets achieved. 2856 to 2828.

The market continues to fall further. Technically we expect market to take support at 2784 - 2774. If Nifty fails to take support at these levels, go for one more short call with target of 2737.

Nifty Today - 12-11-08 (update)

New Short Call : One can go short below 2894 for the target of 2856. This call has high risk as there are more possibilities for market to take support around 2874 to 2878.

Nifty Today - 12-11-08

One can go Short below 2856 with the target of T1- 2836,T2- 2828.

One can go Long above 2960 for the target of T1- 2971,T2- 2990,T3- 3004.

Tuesday, November 11

Today's Profit - 11-11-08

Our Short call:
'One can go Short below 3032 with the target of T1- 3011,T2-2990.' activated and target achieved. 3032 to 2990 - 42 points ie Rs. 2100/-

Our Long Call:
'Go Long above 3005 with the target of T1- 3032 T2- 3056.(safe traders should enter only above 3011).' activated and target not achieved.

If one can notice intraday chart, you can clearly see how our point 3011 became resistance. Nifty never crossed 3011 after our recommendation. That's why we cautioned safe traders to enter only above 3011.


Today's Total Profit: Rs. 2,100/- per lot of Nifty Futures.

Nifty Today - 11-11-08 (update)

Our Short call activated and both targets achieved. You can expect this fall till 2971 but we advice you to book profit at our second target.

Next trade: Go Long above 3005 with the target of T1- 3032 T2- 3056.(safe traders should enter only above 3011).


Nifty Today - 11-11-08

One can go Short below 3032 with the target of T1- 3011,T2-2990.

Friday, November 7

Today's Profit - 07-11-08

Today we had not given any recommendation. But with previous trading points some of them had traded and made profit. Considering thier profits we are calculating and giving as today's profit.

Apart from the successful trades mentioned in before post, we had one more trading opportunity. ie. 'One can go Short below 3005 with the target of T1- 2986, T2- 2972.' (recommended on 04-11-08)

In total:

Short Calls- 2928 to 2884 (44 points) and 3005 to 2972 (33 points) = 77 points ie Rs. 3850/-

Long Calls- 2928 to 2956 (28 points) and 2957 to 2990 (33 points) = 61 points ie Rs. 3050/-

Total Profit = Rs. 6900/- per lot in Nifty Futures.

Nifty Today - 07-11-08

Readers who make note of our points are trading nifty futures and earning profit in thousands each and every day. Today we are late because of our personal work but while opening our mail we had recieved few mails from regular readers mentioning that they had made successful trade even in our absence.

Few of sucessful trades they done is given below.

'Going short using the points 2884 -2901 - 2928' (mentioned yesterday).
'One can go Long above 2928 for the target of 2956.' (31-10-2008 recommendation).
'Go Long above 2957 for the target of 2990 (cautious at 2972).' yersterday's recommendation.

For more trading opportunities follow our recommendation on 31-10, 03-11, 06-11-2008.

Though no. of visiters is drastically increasing day by day the response from your side is not encouraging except few who are mailing us regularly. We need your comments for continuing and upgrading this blog.

Thursday, November 6

Today's Profit - 06-11-08

'One can go Short below 2884 with the target of T1- 2860, T2- 2836.'
-->T1 achieved 24 points, Rs. 1200/-

'New Long Call: Go Long above 2957 for the target of 2990 (cautious at 2972)'
--> Target achieved 33 points,Rs. 1650/-

These are the direct calls we had given and Total Profit Today = Rs. 2850/- per lot.

Apart from this we said

'High Risk Traders can use the following points either by going Long or Short till our new long call gets activated.
2860 - 2884 -2901 - 2928 - 2948 - 2956'

If some one would had short at 2956, he would have made 72 points because there was non stop fall from 2956 - 2884. So Rs. 3600/- in addition to the above Profit.

Nifty Today - 06-11-08 (update)

Our Short Call activated and first target achieved.

New Long Call: Go Long above 2957 for the target of 2990 (cautious at 2972).

High Risk Traders can use the following points either by going Long or Short till our new long call gets activated.

2860 - 2884 -2901 - 2928 - 2948 - 2956

Nifty Today - 06-11-08

For todays Trade:

One can go Short below 2884 with the target of T1- 2860, T2- 2836.

Wednesday, November 5

Today's Profit - 05-11-08

Apart from the 3 safe trades we mentioned, we got another chance of safe and successful trade. ie. Short: 3018 to 2972 (as per yesterday's recommendation).

So, For Today:

Short: 3142 to 3092 (50 Points) ie Rs. 2500/-
Long: 3070 to 3092 (22 points) ie Rs. 1100/-
Long: 3070 to 3092 (22 points) ie Rs. 1100/-
Short: 3018 to 2972 (46 points) ie Rs. 2300/-

Overall Today's Profit is Rs. 7,000/- per lot of Nifty Futures.

Nifty Today - 05-11-08 (update)

Till now we got 3 safe trading opportunities.

1- Short 3142 to 3092 (reverse trade of yesterday recommendation)

2- Long 3070 to 3092 (same as yesterday) 2 times.

and still more opportunities are left. Make a note of a new resis/support point at 3111.

Nifty Today - 05-11-08

Today's trade is nothing different from previous two days trade. Just Trade or Reverse Trade whatever mentioned in past two days blog. For quick reference we are providing the important Points which will act as support or resisitance.

2960 - 2986 - 3039 - 3056 - 3070 - 3092 - 3142 - 3194 - 3254

Tuesday, November 4

Today's Profit - 04-11-08

Our first Long call: activated and first target achieved. 3039 -3063 (24 points) - Rs. 1,200/- (There was 2 trading opportunities at this points. But we are calculating profit for one trading opportunities.)

Our second Long call: activated and both targets achieved. 3071 - 3142 (72 points) - Rs. 3,600/-

Our Short Call: not activated.

Overall Today's Profit = Rs. 4,800/- per lot in Nifty Futures.

Nifty Today - 04-11-08 (update 2)

Our second Long Call: 'New Long call:Go Long above 3071 target of 3092.' got activated and nearing the target. Depending upon your risk appetite continue your position till 3142 with trailing stop loss.

Nifty Today - 04-11-08 (update)

Our Long call 'One can go Long above 3039 for the target of T1- 3063, T2- 3070' got activated and first target achieved.

New Long call:Go Long above 3071 target of 3092.


Change in short call given before only for high risk traders: enter short position at 3018 with the same target.

Nifty Today - 04-11-08

For todays Trade:

One can go Long above 3039 for the target of T1- 3063, T2- 3070.

One can go Short below 3005 with the target of T1- 2986, T2- 2972.

Monday, November 3

Today's Profit - 03-11-08

Again our long call 'Now you can enter new long position above 3015 with the target of T1:3039 and T2:3056.' got activated and hits both the target.

So over all profit is ............

Short call: 2986 to 2960 (26 points) ie Rs. 1300/-

Long call: 3015 to 3056 (41 points) ie Rs. 2050/-

Today's Profit: Rs. 3350/- per lot.

Nifty Today - 03-11-08 (update)

Our Short call 'One can go Short below 2986 with the target of 2960.' got activated and target achieved. Those who observe the intraday chart can witness how the market had started moving up after nearing our target.

Change in the Long Call given. Now you can enter new long position above 3015 with the target of T1:3039 and T2:3056.

Nifty Today - 03-11-08

For todays Trade:

One can go Long above 3039 for the target of 3070 (cautious at this points 3056,3063).

One can go Short below 2986 with the target of 2960.