Wednesday, January 30, 2008

Intraday calls performance 30/01/08

To Start with "Market Outlook"
Nifty broke 5200 support today and made a low of 5142 and tomorrow being an expiry day, too much voaltility is expected.Today's FED meeting also holds lot of weight for tomorrow's market direction

Stock watch for the day:

RCom: This was given a sell call at 655 with stop 661 for target of 635 and the stock made a high of 658 and low of 608

Following calls were given in yahoo messenger for clients:

Buy Unitec around 393 stop 390 and stock made 395.4

Short RCom around 635 stop 639 and stock came down to 608

Short Unitec around 388 with stop 394 and stock made 370

Buy Bajaj Hindustan around 207 stop 206...smal stop loss...and stock made 210 and the hit small stop loss

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