Intraday call performance 24/06/08

Lower support broken again..!

Uncertainity in political situation, high inflation, crude oil surge, expiry effect all contributed to today's volatile trading and ending in deep RED in this years low and near to one more support at 4150. Stocks like ONGC, NTPC, Tata Steel were all pulling index down today.Tomorrow is big day for indian market and next 2 day's volatility might be huge and one should be very carefull as market can swing both directions and also market is also oversold and needs a strong pullback from low's.But, tomorrow if the government falls, impact of fall might be huge in the market.

Stock watch for the day:

Renuka :This was given a short call with stop loss 108.2 for target 100 and it made a high of 107 and low of 101

Following calls were given in yahoo messenger for clients:

Clients enjoyed the huge profits they got in my calls today....

Short Nifty Futures around 4325 with stop loss 4345 and nifty fell from 4310 to make a low of 4130

Short SBI around 1235 with stop 1252 and it made 1198 ....good Profit of 37 points.....

Short Relaince Capital around 960 with stop 970 and it made 920 ....huge Profit of 40 points.....

Short LITL near 355 with stop 358.5 and it made 328 ....huge Profit of 27points.....

Short Punab Lloyd around 232 stop 235 and it made 221.5 ....huge Profit of 12 points.....

Short RCom around 490 with stop 494 and it made 466 ....huge Profit of 24 points.....