Intraday call performance 23/12/08

Market closing week at supports
Market opened weak today and then straight away below 3100 and closed near huge support area. NIfty closed at 2968, down 70 points from the previous close.The market breadth was negative with advances at 217 against declines of 1041 on the NSE.Reliance as usual played key role here as expected in dragging the market down and near support area now.Top nifty gainers included Rcom, Hero Honda and losers included Satyam, Unitec and Tata Motors.

Following calls were given in yahoo messenger for clients

Short Nifty Futures around 3010-3015 with stop loss 3030 for target 2975-2960 and it made 2960....SUPER DUPER PROFIT

Short RCom around 217 with stop loss 220.5 for target 211-206 and it made 212....SUPER DUPER PROFIT

Short Reliance around 1273 with stop loss 1278 for target 1250 and it made just 1260 and then made 1278.5 and hit 1246..sheer bad luck

Short DLF near 312 with stop loss 313.5 for target 306-300 and it just made 313.8 and crashed to 297....sheer bad luck

Buy SBI around 1254 with stop loss 1248 for target 1275 and it made just 1267

Short ICICI Bank around 444-445 with stop loss 450.5 for target 428-415 and it made 418........SUPER DUPER PROFIT

Short TCS at 498 with stop loss 505 for target 485 and it hit the stop loss