Performance report of 21.08.2009

Nifty did its pending job!

Nothing great! Nifty had to fill two gaps created on 17-08-09(down) & 21.08.09(up) . It did its job today.
Upside was capped around 4525 & down side never below 4400. Seeing the charts even a child could have deciphered this band.


Dear traders!
I'm happy with the calls vs points gain. Marvelous, in fact.

ORCHID -02.5 TO 103.7 OR FLAT = 1 pt. gain. Volatile with very narrow band.
PRAJInd - 82 TO 85 = 3 pts. gain. Slow and steady.
JPASSOCIAT - 205 TO 210 = 5 pts. gain. Nice gradual journy.
DLF - 370 TO 382 = 12 pts. gain. At last could not resist - Fired.
POLARIS - 134 TO 139 = 4 pts. gain. Firing right from the morning.

Total = 1+3+5+12+4 = 25 pts Net Gain.


Today no Nifty swinging. As decided to go with full throttle on PRAJIND and POLARIS.
However from 4482 to 4525 journey was irresistible. Several played.

Happy weekend.

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