Intraday Picks (16th May’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 PFC @ Rs.212.35
Earlier Target Reached @ Rs.220.33


Go Short on PFIZER @ Rs 1288.00
Earlier target reached @ Rs.1247.06


Summary on the movement of picks and siganls:


Power Finance Corporation Limited:
There was a long call issued on PFC at Rs.212.35 with a target of Rs.220.33 which was reached around 10:00 am. A square off call was issued @ Rs 216.55 as our system sensed a change in trend of the stock.The long call on PFC has posted a decent profit of 1.98% by early afternoon.


Pfizer Limited:
The strength of the short was strong and the stock price started sliding after the call.At the end of the market, the stock reached our targets @ Rs.1247.06 making a profit of 2.79%.