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Friday, August 5, 2011

Performance of August 5th Intraday Call


By Gods Grace,
Shriram Transport Finance (SRTRANSFIN) Short sell Below (will be mentioned as SB henceforth)  588 Achieved all TGTs from 585 to 582.3 - 576.28 - 570.3 - 564.34 --3.4% Profit
Shriram Transport Finance (SRTRANSFIN) Buy Above (will be mentioned as BA henceforth) 594.14 achived 3rd TGT 612 --2.9% Profit

Indian Oil Corporation (IOC) BA 333.06 made achived 1st TGT 337.47 --1.3% Profit

Hanung Toys (HANUNG) SB 129.4 opened @ 128 made low of 121.2, 3rd TGT was 121.06---According to me it’s not clear-cut call as no one can sell @ open high. (But refer *)

Dhanlaxmi Bank (DHANBANK) SB 102.51 opened @ 97 made high of 101.3 and 2nd TGT was 97.56---According to me it’s not clear-cut call as no one can sell @ open low. Who is having less idea about Resistance and support cannot decide what to do when price reached 101.3. (But refer *)

Let me remind you, all the profit in percentage (%) is achieved in Intraday (within a day).
Bank Deposit fetches max 10% per annum.

I have mentioned about profit made by clear-cut call.
*Who have attended investment class conducted by me on 3rd August 2011 will have an upper edge to use the levels given in much more better way to make more profit using Resistance as Support, Support as resistance concepts
Cheers!!!!!!!

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