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.