Nifty was playing in a narrow range for almost the whole day and in the later session, buying came in very heavily to pull up nifty to a high of 4970...! now,is this a trap wil be known in a day or two.Just watch the market moves here on.
Stock watch for the day:
RCom: This was given a short call with stop loss 551 for target 530-525 and the stock made a high of 545 and low of 528
Following calls were given in yahoo messenger for clients:
.................Clients enjoyed big profits today...................
Buy Nifty Futures around 4845 stop 4825 and it made 4885 and told to come out
Buy Cipla around 214 with stop loss 211 for target 221 and the stock made 219
Short Nalco around 466 with stop loss 471.5 and the stock made a low of 451
Buy Bajaj Hindustan around 199 with stop loss 197 and the stock made 207
Buy Reliance Capital around 1343 with stop loss 1335 and the stock made 1400
Short Reliance Capital around 1403 with stop loss 1417 and the stock went down till 1384
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