Intraday call performance 16/06/08

A very Good day of decent profits.....

Market started the day with positive global cues and nifty once crossed 4540, it was all round buying and as expected nifty couldn't cross 4635 as it made high of just 4618 and selling emerged there and nifty though came down to test 4540 again, interestingly closed in positive mode above 4560 but much below it's day's high.Now 4635 will be the point to watch on upper side tomorrow.

Stock watch for the day:

Cairn: This was given a sell call with stop loss 295 for target 275 and it made exact 276 on lower side

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 4600 with stop 4615 and when it made 4560, told to come out

Short Suzlon around 250-251 with stop 252 for target 240 and it made exact 240

Buy Ranbaxy at 575 with stop loss 571 and it made 578 and then hit the small stop loss

Short SBI at 1355 with stop 1365 and it came down to 1316

Short Tisco around 862 with stop 865 and it came down to 845