Tuesday, December 18, 2007

Intraday call performance 18/12/07

To Start with "Market Outlook"- "Market Watch Section"

Market remained week throughout the day and nifty ended the day week again closing below yestedray's close and volatility continued from yesterday and might go on for some more days now as expiry and year ending effect will be there in the market.

Stock watch for the day:

Marico: This was a clear buy call with stop loss 67 for taregt 70-73 and stock made a high of 71 intraday

Following calls were given in yahoo messenger for clients:

Short Omax at 538-540 stop 550 and it just came down to 535 and closed at 542

Short ACC at 1060 stop 1075 and stock came down to 1047

Short Punjab National Bank at 635 stop 645 and stock fell to 626

Short IDFC at 215 stop 217 and stock came down to 211.5

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