Intraday call performance 16/05/08

As expected and told here, nifty was bullish today, but still not able to cross the final hurdle at 5190 as it made a high of 5167 and closed around 5160 level and monday being a trading holiday, interesting to see market movements on tuesday.

Stock watch for the day:

IFCI:This was given a buy call with stop loss 62 for target 64 and the stock amde a high of 63.75 and low recorded was 62.3

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 5140 with stop 5165 and it made 5100

Short Nifty Futures around 5145 with stop 5165 and it made 5105 and told to cover the position.

Buy TCS around 975 with stop 969 and it made 983 and then hit the stop loss

Short Tisco around 886 with stop 992 for target 875 and it made 876

Buy Renuka Sugars around 134.8 with stop 133.75 and stop loss hit

Short Tisco again near 888 with stop 890 and it made 882 and the hit the small stop loss