Monday, March 31, 2008

Intraday call performance 31/03/08

Each and everybody were bullish today and i had mentioned clearly here that market will remain weak below 5000 and only if moves above 5020, it will turn out positive and see the result today.Nifty made a high of 4947 and at the end broke even the strongest support of 4740 and closed just above 4700.Tomorrow onwards it's the begining of new financial year.

Stock watch for the day:

ICICI BANK: This was given a short call with stop loss 855 for the target of 825 and it made a high of 849 and low of 769

Following calls were given in yahoo messenger for clients:

Buy Nifty Futures around 4820 with stop 4800 and it made 4860 and told to cover the position

Buy Nifty Futures around 4755 with stop 4740 and it zoomed to 4793

Buy RCom around 522 with stop loss 516 and it made just 525 and when it started coming down, told to cover the position around 520-521.

Buy Reliance Energy around 1300 with stop loss 1294 and it made 1315 and the came down to hit the stop loss

Buy Subex Systems around 196 with 193 and it zoomed to reach the second target given at 215

Buy Punjab Lloyd around 328 with stop loss 325 and it made 330 and then hit the stop loss

Buy Reliance Capital around 1350 with stop 1340 and it made 1365 and then hit the stop loss

Buy Reliance Capital at 1343 with stop loss 1330 and stop loss hit

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