Monday, January 7, 2008

Intraday call performance 07/01/08

As expected and told here, nifty showed weekness and started recovering from lower level and atlast closed little above yesterday's close.Interesting point is nifty never reached 6300 resistance the whole day.

Stock watch for the day:

Orchid Chemicals: This was a clear buy above 300 for taregts 320-325 and stock made a high of 321

Following calls were given in yahoo messenger for clients:

Short Petronet around 120 stop 121.3 and the stock came down to 117.8

Buy NDTV around 494 stop 488 and stock zoomed to 506

Short HEG around 535 stop 539...small stop.....don't worry and stock came down to 520

Short Nicolus Piramel around 348 stop 352 and came down to 344 and told to cover at 345

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