intraday call performance 10/06/08

Volatile day of market ............!!

It was a very volatile day of tarding with movements on both sides and traders were totally confused when the market was showing volatility in the alst hour of trading as it was making moves on both sides.Though market openingw as well above yestedray's close, it couldn't cross the first resistance at 4545 and started sliding down slowly and in the later afternoon sldie becaome severe breaking all the inbetween supports and closing around 4460.

Stock watch for the day:

RPL : This was given a short call with stop loss 181 for lower target 164 and it made a low of 165 and high was just 174

Following calls were given in yahoo messenger for clients:

Buy Nifty Futures around 4430 with stop 4405 and it made 4455 and told to cover position when it came down to 4425

Buy Nifty Futures around 4360 with stop 4355 and it made 4393

Buy Dr Reddy's Lab around 698 with stop 694 and it made 710

Buy Tisco around 820 with stop 816 and it made 827 and then hit the stop loss

Buy RCom at around 540 with stop 538 and it made just 543 and then hit the smal stop loss

Short Bombay Dyeing around 636 with stop 641 and it made 628