Intraday call performance 08/08/08

Market ending flat again due to lack of buyers

Weak global cues made indian market also open weak with more sellers emerging in the morning session and it was only in the afternoon session buying came in again from low and market closed flat with Nifty closing at 4529, up 5 points from the previous close.The market breadth was negative with advances at 596 against declines of 654 on the NSE.Good buying interest was seen in capital goods, metal, banking and power stocks while selling in technology, realty and select FMCG stocks.Top Nifty gainers included Sterlite, ONGC and Cipla while losers included Cairn, BPCL and Wipro.The Asian markets closed mixed while Europe was trading flat

Following calls were given in yahoo messenger for clients:

It was a good day for the clients today

Short Nifty Futures around 4520 with stop loss 4535 and gave cover order at 4470....VERY GOOD PROFIT

Short Siemens around 550 with stop loss 555 for target 540 and it made 540

Buy Reliance Infra around 1000 with stop loss 989 for target 1030 and it made 1039

Buy J.P Associates around 179 with stop loss 176 for target 185 and it made 185