Intraday call performance 07/12/07

07/12/07

Nifty moved up as expected and crossed even 6027 to make a new high of 6042 and higher level selling again witnessed which broke the strong suport at 5920 and made a low of 5895 and again recovered to zoom past 5950.These higher level selling might continue for the time being

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

IFCI: This was a buy call with support for the target of 109 and it made 108 instead and on downside below 105, target given was 100 and it made 97.8

Four Soft: This was again a buy call with suport at 48 for target 52, but it opened at 52 and zoomed to 58.75...blasting call today

Following calls were given in yahoo messenger for clients:

Buy Inox at 159 stop 158 and inox zoomed to 162 and then hit stop loss

Short Sail at 278 stop 282 and stock came down to 264...very good profit

Buy RCOM at 733 stop 729 and zoomed to 740

Buy Ispat Indutries at 71 stop 70.5 and stop loss hit

Short IFCI at 103 stop 104.2 and stock fell to 97.8...very good profit