Thursday, February 7, 2008

Intraday call performance 07/02/08

To Start with "Market Outlook"

Nifty crashed today after remaining above 5300 for half of the day and then started falling and started breaking supports one by one and once it broke 5260 the fall was severe and made a low of 5114 and closed very week at 5133.Now onwards 5260 will be tough resistance on upper side amd game is set for reliance power entry now.

Stock watch for the day:

Tisco:This was given a sell call below 816 for target 776 and the stock made a high of 814.6 and low of 765.

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 5335 stop 5350 and it made 5255..but told to cover at 5260..HUGE PROFIT

Buy Nifty Futures at 5150 stop 5135 and told to cover at 5165

Buy EKC around 325 with stop loss 321 and the stock made 334

Short NDTV around 414-415 with stop loss 416.5 and stop loss hit...so, small loss

Buy NTPC at 215 now stop 213 and stock made 216.8 and then hit stop loss

Buy RCom around 656 stop 650 made 666 and told to exit Buy Bajaj Hindustan around 226 stop 223 MADE 231 and told to exit

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