Reliance Infra - Intraday's Hit

Last week intraday calls details are placed below. We bagged 2.76% to 11.34%

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Monday - 12th Jan
Buy Unitech abv 36.5 SL 34.30 tgt 38..40+
Sell Tata Steel SL 219 tgt 208..204
Reliance good above 1173 tgt 1200+..below 1120 bloodbath
Nifty rangebound 2830 to 2890 support 2790 hurdle 2930 Market to tumble after IIP nos declaration.
Generally we do not suggest to buy today.

Results
Unitech did not cross our buy
Tata Steel gave 6.91% profit
Reliance perfect bloodbath
We warned you not to buy anything today :-)

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Tuesday - 13th Jan
Buy Noida sl 20.7 tgt 5-105 up.
Sell Wipro arnd 223-27 sl 237 tgt 217.212
Infosys trend decider
Buy Rcom arnd 178-180 SL 173 tgt 5% up
Sell TCS below 508 tgt 490..480
Jindal Steel sell below 800 tgt 780..760
Infosys results can take Nifty to 2800..2820 otherwise 2670..2640
Market confused :-) Neither going up nor going down. Wait and watch

Results
TCS opened low around our tgt
Jindal Steel low of 772 :-)
Noida Toll Bridge gained 8%
Wipro opened bel our tgt
RCOM gained 2.76%

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Wednesday - 14th Jan
Sell ONGC at high tgt 630..620..610 SL 655
Sell Rel Cap at high tgt 400..390..375 SL 425
Buy Rel Infra blw 481 tgt 487..492 SL 468
Market has been falling for so many days. Today we could see a minor bounce back. Try Nifty 2800 call for intraday gains

Results
ONGC touched 633 but hit our SL
Rel Cap opened quite high
Rel Infra gained 11.34%
Nifty gained 90 and Sensex 300 points
Happy Makar Sakranti

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Thursday - 15th Jan
Yesterday was just a temp bounce back.
Today Market should open low and then try to recover later.
Buy Nifty 2900 call 40-42 tgt 50..58

Results
Sell ABAN SL 678 tgt 650..655..630..620
Sell CAIRN arnd 155 TO 157 SL 161 tgt 150..146
Buy Kalindee Rail abv 145 tgt 5..10..15% UP
Today ABAN gained 638 to 583(8%)
Cairn gained 154 to 142(7%)
Kalindee hit tgt
Nifty opened much lower :-)

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Friday - 16th Jan
Buy RNRL abv 52.5 SL 49 tgt 54..55
Buy Bank of India blw 249 SL 239 tgt 255..259
Market would remain flat to positive

Results
RNRL gained 5.48%
Bank of India gained from 248 to 254.90
As predicted, Market was positive all the way :-)

Happy Trading!
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