Intraday call performance 17/03/08

World market collapsed and indian market also followed that and as soon as nifty started sliding below 4600, selling was too effective and nifty made a low of 4482 and closed around 4500.Now, the only strong support on downside is 4440 and it should not be broken for nifty to move on the upper side.

Stock watch for the day:

Aurobindo Pharma: This was given a sell call with stop loss 295 for target 276 and the stock made a high of 285 and low of 253

Following calls were given in yahoo messenger for clients:

It was a good day of profits to all my clients

Short Nifty Futurtes around 4570 with stop 4590 and it made 4476.

Short RCom around 493 with stop 498 and it made 476

Buy Reliance Energy around 1234 stop 1229 and it made 1245

Short Reliance Energy around 1225 stop loss 1232 and told to come out at 1210

Buy Renuka at 1000 with stop loss 995 and it made 1010

Buy Orchid Chemicals at 121 stop 119.5...small stop loss..and the stock made 129 and told to cover

Last call of the day Buy Renuka around 995 with stop 989 and the stock made 1020