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.....
Tuesday, June 24, 2008
Intraday call performance 24/06/08
Friday, June 13, 2008
Intraday call performance 13/06/08
Flat closing of the market....
Even though nifty was trading positive in the opening, it came down some points and started trading flat in anticipation of inflation figures and once the high inflation figures came in, market was very much reluctant to go up and thoughit broke 4500, it didn't go much downwards and closed flat well below yesterday's close
Stock watch for the day:
Tisco: This was given a sell call with stop loss 865 for lower target 840 and it made a low of 836
Following calls were given in yahoo messenger for clients:
Clients made very good profits today....
Buy NIfty Futures around 4460 with stop 4440 and when it made 4500, told my clients to cover their positions
Buy DLF around 489 with stop 485 and it hit the small stop loss
Buy Bombay Dyeing around 734 with stop 725 and it made 746
Short Suzlon at around 257 with stop 261 and it made 243
Buy Tisco around 839 with stop 835 and it made 855
