Intraday Call Perormance 30/12/08

Market close higher after initial range bound trade

Nifty started trading higher today above 2950 and was trading range bound for most part of the day and then late afternoon Reliance Industries as usual lifted the market to take nifty near and then at the close, Nifty closed at 2979, up 57 points from the previous close.The market breadth was positive with advances at 886 against declines of 307 on the NSE. Top Nifty gainers included Satyam Computers, Idea and RCom and losers includes Tata Steel Grasim and RPL.

Following calls were given in yahoo messenger for clients:

Buy Nifty Futures around 2915 with stop loss 2900 for target 2950-2980 and it made 3012....Super Duper Profit

Buy SBI around 1264 with stop loss 1252 for target 1285-1305 and it made 1308....Super Duper Profit

Buy Sterlite Industries around 259 with stop loss 254 for target 268-274 and it made 268....Super Profit

Buy RCom around 216 with stop loss 215 for target 225-234 and it hit 214.5 and then it made 231....SHEER BAD LUCK

Short HDIL around 134 with stop loss 135.8 for target 130-126 and it made 132.5 and then went up to hit the stop loss