Intraday Call Performance 07/11/08

Market witnessing strong pullback from low

It was a volatile day as predicted and also nifty was trading between support 2850 and resistance 2950 for most part of the morning session and in the afternoon session like yesterday, it witnessed strong pulll up from low's to take nifty above 3000, but lost some gains in the last hour of trading.It is an interesting end of the week with nifty not breaking important support of 2850.Next week will be more interesting.Nifty closed at 2973, up 80 points.Top Sensex gainers include Reliance Infrastructure, Hindalco, Reliance Communications, TCS and NTPC, while losers are Mahindra & Mahindra, ICICI Bank, Maruti, among others.

Today calls were not given to clients due to some urgent work-which was well informed.