Intraday call performance 09/07/08

Good day for market today

Nifty opened high near the resistance levels of 4115 straight and then was very cautious-trading in a narrow range for most part of the day not moving anywhere ahead of nuclear deal signing and then in the late afternoon buying came in and lifted the market sentiments and nifty zoomed to make a high of 4169 and closed around that level in bullish mode due to crude oil prices cooling off and positive global cues and today's market movers were JP Associates, Reliance Infrastructure, Tata Motors, HDFC Bank, DLF, BHEL, L&T, TCS etc.

Following calls were given in yahoo messenger for clients:

Decent profits for clients today

Short Nifty Futures around 4090 with stop 4115 and it made 4050

Short ICICI Bank around 633 with stop 641 for target 616 and it made 621.8 short of 5 points and then altered stop to 633 and stop loss got hit

Short Nalco around 331 with stop 333.5 and the stop loss hit

Short Maruti around 590 with stop 598 for target 575 and it made 578

Buy ONGC at 873 with stop 865 for target 890 and it made 887

Buy SBI at 1230 with stop 1218 for target 1245 and it made exact 1245