Intraday call performance 25/06/08

Huge buying at lower levels

Market started weak and as expected and told here, buying came in and gained power later on crossing even 4220 and made high around my resistance level given at 4260.Market was very volatile today as expected to be.Today evening's nuclear deal decision also will hold more importance now along with expiry volatility of tomorrow.Heavy manipulation in Reliance stocks also was clearly visible today and as told to my clients early morning that nifty target 4300+ in this expiry is almost on the right path now.

Following calls were given in yahoo messenger for clients:

Good day of decent profits for all my clients

Short Nifty Futures around 4185 with stop 4195 and it made 4157

Short Nifty Futures now at 4210 with small stop 4222 and stop loss hit

Short Punjab Lloyd around 232 with stop 235.2 and it made just 228 and hit the stop loss

Short Renuka Sugars around 106 with stop 107.2 for target 102 and it made 103.3 and then hit the small stop loss

Short Reliance Capital around 980 with stop 991 for 955 and it made 958

Short RCom at 480 with stop 486 for target 468 and it made just 473

Short ICICI Bank around 705 with stop 712 for target 685 and it made 688

Short ONGC around 874 with stop 880 for target 855 and it made 856