Intraday Picks (27th April’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


Go Long on Vardhman Textiles Limited @ Rs 285.00
Earlier Target Reached @ Rs.291.00, New Target @Rs.294.00


Go Short on Sterling Biotech Limited @ Rs 95.50
Target @ Rs 94.41 & Stop loss @ Rs 96.59


Summary on the movement of picks and siganls:


Vardhman Textiles Limited:
The Vardhman Textiles Limited stock price climbed up after the call and reached our target @ Rs.291.00. But there was sudden drop in the price of the stock and it started trading flat just before the afternoon. Sensing this change in trend a square off call was issued on Vardhman Textiles.Long call on this stock has made a profit of 0.84%.


Sterling Biotech Limited:
The stock price started dropping immediately after the call as the call strength was fairly strong. The stock traded below the call price at any given time during the market hours.To the end of the day, a sqaure off call was issued and a profit of 1.84% was booked on this short call.

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