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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.

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