Intraday Picks (1st Mar’11) on VantageTrade

Commentary of our Intraday Stock Picks on social networking pages has been summarized here, to give you a glimpse of our calls. You can follow us on our social networking pages for live updates and calls. Following are the links of our pages:


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Picks at top of the Intraday calls list on VantageTrade @ 10:00 am!!


Go Long on GlaxoSmithKline Consumer Healthcare @ Rs 2130.00
Target @ Rs 2161.01 & Stop Loss @ Rs 2098.99


Go Short on HCL Infosystems Limited @ Rs 102.65
Target @ Rs 101.67 & Stop loss @ Rs 103.63


Summary on the movement of picks and siganls:


GlaxoSmithKline Consumer Healthcare:
Go long calls issued on the stock at Rs.2130.00 with a target of Rs.2161.01, the movement of the stock price continued with the uptrend. But, around 11:28 am the strength of the call was faling & a stay out call was issued at Rs.2142.85. Though the previous call on this stock had minimal gain, it saved users from falling into huge loss as the stock fell down to 2119. When the trend of the stock was clear, it issued a short call at Rs.2119.80. End of the day, the stock closed in green making minimum profit.


HCL Infosystems Limited:
As the movement of the stock was flat after the short call on HCL Infosystems, it issued a stay out signal at Rs.103.00. There were no further updates on this stock after the stay out call.

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