Intraday Call performance 25/03/08

As expected and told, market witnessed strong pull back and nifty once crossed 4740 easily, allround buying emerged and it took nifty to a high of 4897 and a low of 4617.Now just 2 days left for expiry and market will become more volatile.

Stock watch for the day:

MaxInd:This was given a buy call with stop loss 130 for the target of 150 and the stock made a high of 155 and low of 142

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 4770 with stop 4780 and it made just 4758 and then zoomed to hit the stop loss

Short Nifty Futures around 4835 with stop 4846 and when it went upto 4841, told to come out

Buy RCom around 523 with Stop loss 517 and the stock made 542 and told to cover

Short Orchid around 116 with stop 117 and it made just 114 and then stop loss hit

Short Renuka around 932 with stop 940 and the stock made 912

Short ICICI Bank around 864 with small stop at 868 and it fell to 860 and the hit the stop loss

Short Reliance Energy around 1284 with stop 1290 and made 1254 and told to cover position