Monday, February 25, 2008

Intraday call performance 25/02/08

Heavy drama took place today as nifty broke strong support at 5070 and madea low of just 5055 and bounced back strongly to break all upside resistance and made a high of 5212 and closed just around 5200 and is at an interesting stage now.There are many things to consider in coming days of market and trading will be interesting.

Stock watch for the day:

J.P.Associates:This was given a buy call with stop 240 for target 260-265 and the stock amde a high of 261

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 5125 stop 5140 and it made 5115 and then told to cover

Short bartronics around 209 with stop 211.2 and the stock made 200 exact to my first target

Buy Voltas around 201 with stop 199.8 and the stock made 203 and when it came down to 201.5, told to come out

Short J.P.Associates around 244 with stop 248 and it made just 243 and stop loss hit

Short Adlabs around 850 with stop 856 and the stock made 845.6 and the hit stop at 856

Short RCom around 581 with stop 586 and the stock made 578 and told come out at 582

Short LITL around 420 with stop 424.5 and the stock made418 and then stop hit

Buy DLF at around 834 with stop 830 for target 850 and the stock zoomed to 848

No comments:

n