(CLOSED CALLS JAN. 2008)
                     SMART TRADERS DWELLING RING
                                  RIDE THE TREND TILL THE WEIGHT OF EVIDENCE INDICATES THAT IT HAS REVERSED
                              (DERIVATIVES PICKS
                             (Future prices)
                         
              
(If given limit does not come but (NIFTY or Stock trades) beyond T1, you may choose to trade for T2 in desired direction)

NIFTY 31/01 FUTURE DOWN SELL @ 5198/5204 5269 5128 5075  

CLOSED  31/01

1 day 19.5%
NIFTY 30/01 FUTURE DOWN SELL @ 5257/5253 5306 5216 5150  

CLOSED  30/01

1 day 13.7%
NIFTY 29/01 FUTURE UP LONG @ 5175/5185 5137 5275 5370  

CLOSED  29/01

1 day 14.8%
NIFTY 23/01 FUTURE UP LONG @ 4835/4845 4749 4997 5068  

CLOSED  23/01

1 day 11.1%
NIFTY 17/01 FUTURE UP LONG @ 5900/5914 5827 5994 6054  

CLOSED  17/01

1 day 7.9%
NIFTY 15/01 FUTURE DOWN SELL @ 6169/6167 6243 6124 6070  

CLOSED  15/01

1 day 15.3%
NIFTY 10/01 FUTURE DOWN SELL @ 6294/6304 6336 6214 6190  

CLOSED  10/01

1 day 16.5%
I-FLEX 10/01 FUTURE UP LONG @ 1548/1552 1479 1664 1740  

CLOSED  11/01

2 day -17.9%
NIFTY 09/01 FUTURE UP LONG @ 6304/6306 6254 6332 6360  

CLOSED  09/01

1 day 4.1%
NIFTY 08/01 FUTURE UP LONG @ 6240/6248 6183 6296 6360  

CLOSED  08/01

1 day 4.5%
SBI 08/01 FUTURE UP LONG @ 2410/2412 2376 2444 2510  

CLOSED  08/01

1 day 15.2%
STERLITE 08/01 FUTURE UP LONG @ 1052/1056 1011 1086 1150  

CLOSED  08/01

1 day -4.4%
NIFTY 07/01 FUTURE UP LONG @ 6236/6240 6199 6293 6360  

CLOSED 04/01

1 day 8.6%
L & T 07/01 FUTURE UP LONG @ 4212/4232 4087 4425 4600  

CLOSED @ 4340 08/01

2 day 15.5%
NIFTY 04/01 FUTURE UP LONG @ 6205/6206 6154 6236 6290  

CLOSED 04/01

1 day 13.1%
RIL 04/01 FUTURE UP LONG @ 2900/2908 2873 2964 3040  

CLOSED 04/01

1 day 15.9%
REL CAP 04/01 FUTURE UP LONG @ 2658/2662 2609 2723 2850  

CLOSED 04/01

1 day 11.7%
RNRL 03/01 FUTURE UP LONG @ 189/191 179 200 210  

CLOSED 03/01

1 day 13.9%
LITL 03/01 FUTURE UP LONG @ 836/840 817 855 890  

CLOSED 03/01

1 day -7.6%
NIFTY 02/01 FUTURE UP LONG @ 6170/6172 6119 6200 6240  

CLOSED 02/01

1 day 5.4%
NIFTY 02/01 FUTURE DOWN SELL @ 6119/6117 6170 6090 6045  

CLOSED 02/01

1 day 6.6%
NIFTY 31/12 FUTURE UP LONG @ 6128/6132 6046 6160 6202  

CLOSED 31/12

1 day 4.7%