Intraday Call performance 06/05/08

Market opened weak as expected and nifty lost another 40 points when nifty broke 5150 and made a low of 5110.Now, next two day's market is very important and also will be interesting as it will definitely show further market direction

Stock watch for the day:

Sail : This was given a sell call with stop loss 180 for target 176 and the stock made a high of 186 and low of 177

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 5200 with stop 5215 and when it made 5140, gave exit call

Short Praj Industries around 205 with stop 208.5 and it made 192

Short RNRL around 121 with stop 122.5 for target 117 and it could only make 118 and the hit the small stop loss

Buy Omax Limited at 239 with stop 236.5 and it made just 241.3 and then hit the small stop loss

Buy DLF around 681 with stop 678.5 and it made just 684.3 and then hit the small stop loss