Intraday call performance 17/06/08

Nifty closing the day with bullish note

Market was trading in the small range below yesterdays close early morning and later on buying emerged heavily and nifty once it broke strong resistance at 4635, there was no looking back as it made straight high of 4665 and closing the day near day's high showing very strong bull strength now and the only strong resistance for nifty now will be at 5740-5755 range.Banking and reality stocks has a good day today with stocks like SBI, MARUTI, HDFC, AXIS BANK among gainers and stocks like RCom, bharti were on the weaker side.

Stock watch for the day:

Nalco: This was given a sell call with stop loss 493 for target 470-475 and it made a low of 473 and high of just 488

Following calls were given in yahoo messenger for clients:

Decent profits for all my clients today

Buy Nifty Futures around 4555 with stop loss 4530 and it made 4600

Short Nifty Futures around 4605 stop 4610 and it made 4590 and told to cover

Short Nifty Futures at 4625 stop 4630 and it made 4616 and told to come out in profti at 4615

Short Chambal Fertiliser around 91.3 with stop loss 92 and it made 90.5 and then hit the small stop loss

Buy Axis Bank around 728 with stop 722 and when it made 768, told to cover position with huge profit

Short Suzlon around 245 with stop 250.5 for first target 240 and it made 240.3

Short SBI around 1350 with stop 1363 and it went up to hit the small stop loss

Short Chambel Fertiliser around 91.7 with stop 92.2 for first taregt at 90.3 and it made 90.2

Short Bombay Dyeing at 750 with stop 756 and it made 742 and then went up to hit the small stop loss