Intraday call performance 30/06/08

Downward journey continues....

Nifty opened weak today as expected and continued its downward journey and once it broke its support at 4110, it was allround selling which took nifty to make a low of 4022.Nifty is near to all time support of 4000 and if this support is broken, market will be in total darkness.If crude reduces and dow improves a bit, nifty might pick up from here.Reliance Industries, Bombay Dyeing, Acc, oil & gas stocks were all pulling down the index today.

Following calls were given in yahoo messenger for clients:

Clients enjoyed good profits today also

Short Nifty Futures at 4105 with stop 4115 and it made 4050

Buy Nifty Futures at 4010 range with stop 4394 and stop loss hit

Short Bombay Dyeing around 635 with stop 643 and it made 575....HUGE PROFIT

Short RCom around 472 with stop loss 475.5 and it made 433....HUGE PROFIT

Buy Bank of India around 228 with stop loss 225 for the target 236 and it made just 231.4 and then stop loss hit

Short LITL around 303 with stop loss 306 and it made 278....HUGE PROFIT

Buy Reliance Capital around 952 with small stop loss at 947 and it made just 957 and then stop loss hit