Intraday Picks (17th Feb’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 3i Infotech Limited @ Rs 47.65 (10:01 am)
Target @ Rs 48.52 & Stop Loss @ Rs 46.78


Go Short on Amara Raja Batteries Limited @ Rs 166.00 (09:50am)
Target @ Rs 165.28 & Stop loss @ Rs 166.72


Summary on the movement of picks and siganls:


3i Infotech Limited:
The trend of the stock continued pretty well after the go long call at 47.65. But soon after the call, at 11:00 am there was a sqaure off on this stock and stay out continued which saved investors from falling into loss. In the afternoon, A go short call was given on 3i infotech. The movement of the stock was rough and it closed end of the day without much change.


Amara Raja Batteries Limited:
Short call on Amara Raja Batteries was issued at 9:50 am with a target of Rs.165.28. The stock price slided and reached our target at Rs.165.28. The signal on this stock chaned to Go long at Rs.165.70 with a target of Rs.167.87 at 10:33 am. After the call, the stock price was sliding down but the strength of the call was strong and continued with go long call. In the afternoon, the stock price started climbing up and reached our targets at 167.87 making a slight profit of 0.51%.

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