Position Update : 9th Sept

*** AIAT TRADES ***

FUTURES:

*Buy Bank Nifty at 10955, stop and reverse at 10875, TGT 11039.

Update : Exited full position at 11205

Profit on book : 250 points.

*Buy MINI Nifty at 5488, stop and reverse at 5454, Tgt open.

Update : Exited full position at 5595

Profit on book : 107 points.

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*** NEW TRADES ***

None.

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*** OPEN TRADES ***

STOCKS

* Reliance : Buy Price 966, Sl —, tgt 996.
* Buy IDBI 130.3, sl 128, tgt 135
* Buy Punj Lloyd at 113.1, sl 109. tgt 117.5
* Buy NIfty 5600 PE at 74. Hedge Trade.

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*** CLOSED TRADES ***

STOCKS/ FUTURES

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*** INTRA-DAY TRADES ***

* Buy Bank Nifty at 11255, bal 50% qty at 11210. AIAT Trade.

Exited position at 11290. ( avg price). We noticed a “p” shape developing below r2, hence the exit was suggested.

* Buy Bank Nifty again at 11335, sl 11310, tgt 11400/ 11475. High risk trade.

Exited half position at 11366. Tgt done on balance.

* Buy Nifty at 5618, sl 5596, tgt 5640/ 5655

Exited full position at 5637 near tgt

Bank Nifty total points : 80 points

Nifty total points : 20 points.

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