Intraday Call performance 05/03/08

It was a fantastic day of trading as nifty still maintained strong support at 4800 and moved upwards strongly at the end of the day to make a high of 4937.Tomorrow being a trading holiday, focus still will be on the on the range of nifty 4800-5000.Still the trend is not clear as it has not broken out or broken down.Will be interesting to see how the week ends this time around.

Stock watch for the day:

Ispat Industries: This was given a sell call below 40 for target 36 and the stock made a high of 38.5 and low of 36.4

Following calls were given in yahoo messenger for clients:

It was again a great profit day for all my clients

Short Nifty Futures around 4900 with stop 4935 and it made 4830 and told to come out

Short Nifty Futures around 4910 with stop 4935 and it made 4840 and told to come out

Short Suzlon around 242 with stop 246 and suzlon made 229

Short HDIL around 742 with stop loss 748 and it made 700

Short Renuka Sugar around 1015 with stop loss 1025 and when renuka made 935, told to cover the position

Short Maruti around 924 with stop 928 and the stock made 915 and then hit the small stop loss