Monday, March 24, 2008

Intraday call performance 24/03/08

As expected, market opened gap up and even though it made a high of just 4649 and then came down to make a low of 4540 and closed above 4600 and as i said 4740 will be very very tough resistance and nifty may wel get past that before expiry if 4440 is not broken on downside.Just watch the fun this week.

Stock watch for the day:

Yes Bank : This was given a buy call with stop loss 130 for target 145 and the stock made a low of exact 130 and high of 145.

Following calls were given in yahoo messenger for clients:

Buy Nifty Futures around 4600 with stop loss 4580 and it made 4632

Short Orchid Chemicals around 121 with stop loss 123 and the stock made 106

Short Renuka Sugars around 935 with stop loss 945 and the stock made 853

Short Omaxe Limited around 192 stop loss 197 and the stock made 180

Buy RCom around 500 with stop loss 496 and the stock made 511

Buy Maruti around 829 with stop loss 825 and the stock made 844

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