Call Performance And IntraDay Calls For May 15

15 May

Posted by Shyam as IntraDay Calls

It was good recovering session for the Indian markets after a while and it did so in a style by gaining 225 points or 1.35% . The IT counter was doing well due to fall in rupee to 13 months low and now it is being traded at 42.44/45 per US dollar.This is mainly due to increasing crude oil prices which is touching the $127/barrel levels. Meanwhile there is also news that FIIs have pulled out $220 million from the Indian markets since May 8th and we too saw a fall in the markets since then.

Cements and secondary steel makers are planning to cut prices due Govt recommendations . This will have a positive impact on the inflation in the coming days. The US market stocks were also recovering partially due to lower inflation numbers which were released yesterday for the month of Mar. Reacting to this the Asian markets have started their day in green signaling a good day ahead for the Indian markets too. Now lets have a look at how the intra day calls made here performed yesterday.

Company Previous Close Day’s High Day’s Close

Orchid Rs 258 Rs 282 Rs 277(7.25%)

Titan Indus Rs 1195 Rs 1325 Rs 1294(8.4%)

Titagarh Wag Rs 767 Rs 802 Rs 776( 1.05%)

Moser Bear Rs 185 Rs 190 Rs 185(0.24%)

National Alu Rs 482 Rs 505 Rs 498(3.22%)

JSW steel Rs 959 Rs 1045 Rs 997 (3.9%)

The other calls too did close well in green. Some Intraday calls for today:

Aishwarya Teleco(cmp 124),Lanco Infratech(cmp 514), Hind Zinc(cmp 734), Titan Industries(cmp 1296), DRL(cmp 676), Sonata Software(cmp 40), Shipping Corp(cmp 259), Chambal Fertilizers(cmp 72), I-Flex(cmp 1386),Tata Steel(cmp 886), JSW Steel(cmp 997),National Aluminium(cmp 498), Zee(cmp 231),Cairn(cmp 284),Rolta(cmp312),Mphasis(cmp249),Tulip IT(cmp 944), TechMahindra(cmp 932),

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