Day of Reliance Industries moving the market..!
It was a volatile day of trading today as nifty though opened below 2900 and hit 2812 as given here, Reliance Industries again lifted the market and made nifty to close at 2921, up 1 point from the previous close.Till afternoon , market was down and then R-Group took charge of the market to take it up above 2900 again even with poor IIP numbers and failed US auto bailout package shows the kind of magic R-Group can do to the market.The market breadth was positive with advances at 847 against declines of 387 on the NSE.Top Nifty gainers included DLF, Reliance Industries, BPCL and Suzlon and losers included Nalco, TCS and Wipro.
Following calls were given in yahoo messenger for clients
Buy Reliance Power around 116 with stop loss 114.3 for target 119-124 and it hit the stop loss
Buy Reliance at 1236 with stop loss 1226 for target 1275 and it made 1292....VERY GOOD PROFIT
Short Satyam at 219 with stop loss 223 for target 212-208 and it made 215....GOOD PROFIT
Short Reliance around 1285 with stop loss 1292 for target 1255-1230 and it made 1260....VERY GOOD PROFIT
No comments:
Post a Comment