JACK POT DAY TODAY

BANKNIFTY INTRADAY

BANKNIFTY WEEKLY-5DAYS

JACKPOT DAY FOR OUR CLIENTS TODAY

Today due to the budget volatality ...Inspite of market eratic swing today, we made 341 points gain in intraday banknifty future..

i.e means >> 50X341 = Rs.17,050 gain we made for all our clients.There are few positional traders made more than 580 points today trade itself.

'We have learned the leasson how to sail smooth and catch basket full of fish in a wild strom too.'

Today opening we sold and gained 47 points and when it reached 371 we cover all short in hand also bought near 410 fresh longs and exited soon..But in no time the banknifty rose to 600,700 and touched a days high of 10799.45 we sold near 10725 and it fell down to 610 short while and covered it..likewise we made 6 intrday trades and made 341 points gain.There are few waited and covered short in 417 that was sold in 725 level .We attempt few positional traded and when we had a chance for 300+ points we covered and agin sold and covered made 580+ points..yet the market were exceeded our expectation and fell down.Any way all our clients are full of excitement to see such a profit in intraday.Many admitted to us,Today is the day-they made huge gain in intraday.

The Banknifty fell down from 10650 to 371 and made a low and again went up to 10800 level and fell back to square one 10400 level.The Nifty too done the same hike and fall and that shows the budget could'nt lift the index even in one day.So, we are expecting further fall in our market as per technicals.So avoid long as of Now.

The FEB -month we made more than 1000 points in intraday and positional about 1600 points.One of our milestone that happened/done in FEB-2011

View the chart above both intraday and 5 days are there.Its unusual swing after a long time in intraday

Jacpot for all our clients

This week alone from monday to friday we made more than 800 points in Banknifty intraday itself.

Positional we made 1200+points.The Feb month is jacpot for all our clients.

Where the Market is heading to?

The Indian market is today gave a shock and took away the hope of bulls!!.The Nifty touched a days high of 5430 and gone down to days low 5251 level and selling.Banknifty touched 10648 and gone to low of 10216 level.The sensex gave up about 600 points.

Budget may support the market!

Chairman of the Standing Committee on Finance Yashwant Sinha suggested raising the income tax exemption limit to Rs. 2 lakh in the budget, to provide relief to the common man, suffering the impact of high inflation.

Presently, income up to Rs1.6 lakh per annum is exempt from tax for individuals. For women and senior citizens, the limit is Rs. 1.9 lakh and Rs. 2.4 lakh, respectively. However, under the DTC Bill, which was introduced in Parliament last year, the I-T exemption limit is proposed at Rs. 2 lakh. This kind of positive news flow could keep the market in tight range, but any negative news flow may take the market to lower levels.

we wrote in our yesterdays post we sold in 11270 and covered the positional shot yesterday partially as we gained 800+points in a weeks time and today we booked(covered all shots) and gained about 1000+ points in 8days time.

The intraday itself we made about 130 points gain doing very conservative trades.In our earlier post we wrote the banknifty will fall down to 10000 level.Now after seeing the sell off/off loading Nifty and many front line stocks we are expecting a mild bounce up in banknifty upto 10430 level and again it may slides down to 9970 level.The Nifty head and shoulders formation was waived today..just negate and focus trades now in intraday with SL.We also advise you to be catious now in all of your holdings in the Nifty fifty stocks.