What a strange narrowness of mind now is that, to think the things we have not known are better than the things we have known. ~Samuel Johnson
Well, while the week ended with GAAR still hanging over the head, mind you neither the economy nor the inflation that matters to us, today’s rally would have certainly, to some extent brought relief in some quarters.
Just a reminder, if it is useful to any of you,
I took 2 trades in the first 45 minutes – first one from JSWSTEEL – 7 points and the second one from JUBLFOOD – 6.5 points and with that I quit for the day. JUBLFOOD continued her unabated rally backed by good volume while, JSWSTEEL and State Bank Of India remained subdued. I have attached for your reference a screen shot of Nifty Futures tick chart taken from ODIN. I was amazed at the kind of volume that flowed in into the Nifty Futures. Lets hope the high spirits continue through the next week which has hardly 3 sessions followed by a long weekend.
Presenting here my intraday as well as daily charts for your reference.
Intraday Charts – 30–03–2012
Nifty Futures (ODIN) Tick Chart
Daily Charts (Amibroker)
State Bank Of India
Healthy And Wealthy Trading
Healthy And Wealthy Weekend