Intraday call performance 31/12/07

To Start with "Market Outlook"- "Market Watch Section"
Atlast nifty crossed crucial resistance of 6110 and closed in positive mode and now onwards 6110 might act as strong support for further up movements.New Year opening will be interesting and might be a blast if 6110 is saved.

Stock watch for the day:

G.E.Shipping: This was given a buy call with stop loss 550 for target 570-580 and stock made a high of 571.5

Following calls were given in yahoo messenger for clients:

Buy Redington around 429 stop 423 and stock made a high of 446

Buy Satyam Computers at around 448 stop 443 and stock made 451 and when it came down, told to come out at 448

Buy RCom around 744 stop 739 and stock made 748 and when it came down to 746 told to come out

Short Inox around 222 stop 224.5 and the stock came down to 220

Market Outlook for 31/12/07

Nifty still playing in a range and facing 6110 as stiff resistance and unless it gets past 6110 resistance and stays above that nifty will remain week only and once it gets past 6110, buying will emerge and might take it to 6150 first and if nifty still doesn't cross 6110, then weekness will continue and on downside 6040 and 6000 are good supports.Nifty might also play in a narrow range for a day or two.New-Year might show definite direction to the market.

Stock watch for the day:

G.E Shipping (561): This stock is very strong above 549 now and above 549 it will hit 570-580 today.

Intraday call performance 28/12/07

To Start with "Market Outlook"- "Market Watch Section"

Today was really a big trading day for all as all calls given blasted with super profits

Even today nifty coudn't cross 6110 resistance as expected and also told here and faced selling at higher level at 6099 and made a low of 6022 breaking support at 6050.Even though nifty recovered smartly and closed at 6080, monday and tuesday's tradings will be very interesting.

Stock watch for the day:

Viceroy Hotels:This was a super duper call given to buy with stop loss of 113 for the target of 118-122 and stock zoomed to make a high of 132
Alok Textiles:This was also a super duper call given to buy with stop loss of 96 for targets 101-103 and stock made a high of 104

Following calls were given in yahoo messenger for clients:

Today was really a big trading day for my clients as all calls blasted and clients earned a lot today

Short Reliance Industries at 2925 stop 2940 and the stock fell to 2862

Buy VSNL at 733 wth stop730 and it made a high of 755

Buy Bank of Baroda around 432 stop 427 and the stock made a high of 458.5

Buy Sun Tv around 406 stop 402.5 and stock made a high of 412

Buy Inox at around 219 stop 218...small stop and inox zoomed to 223

Market outlook for 28/12/07

Nifty still facing the same 6110 as big resistance and unless it crosses that resistance, momentum is down for the time being and for today, watch the opening and first 30 minutes of play is very important for the day.Above 6110, nifty might move towards 6150 and if nifty stays below 6110, then might test 6050 support again
.
Stock watch for the day:

Viceroy Hotels (114.9): Watch out for 113 support and untill held, target is 118-122 for today

Alok Textiles (98.5): Buy this stock with stop 96 for targets 101-103

Intraday call performance 27/12/07

To Start with "Market Outlook"- "Market Watch Section"
As told here, nifty found resistance at exact 6110 level as it made a high of 6110 and came down to test 6050 support and made a low of 6060.Overall it was an volatile day of trading todaya s expected.

Stock watch for the day:

Exide Industries: This stock was given a clear buy above 75 for target 82-84 and stock made a high of 81

Following calls were given in yahoo messenger for clients:

Buy G.E Shipping around 545 stop 535 and G.E Shipping zoomed to 559

Buy RPL around 222 stop 220 and rpl zoomed to 226

Buy Everest Kanto (E.K.C) at 351-352 stop 347.5 and stock zoomed to 356

Market outlook for 27/12/07

As told yesterday, only big resistance is at 6110 and if gets past that it might be only one way up for today.But expiry effect also might come into effect in the last hour of play and lots of volatility can be seen.Watch out for 6150-6180 if nifty crosses 6110 resistance and on downside 6050 and 6000 will be big supports for today.Traders participations is also less these day's and market might settle down in another week showing perfect direction.

Stock watch for the day:

Exide industries (77.7): This stock looks exciting above 75 and may touch 82-84 today if 75 is saved.

Intraday call performance 26/12/07

To Start with "Market Outlook"- "Market Watch Section"

Today market started on a positive note and faced first selling near 6050 and came down to 6020 range and then again recovered fast to zoom past 6070 resistance and made a high of 6085 and now near final ressitance at 6110 which is to be watched for tomorrow.

Stock watch for the day:

RCom-This was given a buy call above 730 for target 745-760 and stock made a high of 748

Following calls were given in yahoo messenger for clients:

Today clients were alerted to book profits whenever they get as market was very voaltile

Buy Hindustan Constructions around 198 stop 196 and stock zoomed to 210.7

Buy Bharti around 978 stop 972...small stop loss...and stop loss hit

Buy Jet Airways at around 978 stop 972 and zoomed to 1010

Market outlook for 26/12/07

Nifty making violent moves in between the big holiday's and as seen trading volume is low and this volume will pick up again after 1st january.Today market will be volatile again as expiry is also tomorrow.Now, watch out for opening today and higher level opening might induce selling again and till nifty clears 6110, it is sell on raise.On downside, below 5920 the major support lies at 5840.Buy on dips till 5840 is held and Sell on raise till 6110 is not crossed.So, for today watch out for 5840 on downside and 6070 on upper side and then 6110 stiff ressitance

Stock watch for the day:

RCom (726.85): Buy this stock above 730 for targets 745-760.Below 730, it will hit 720-708 again.

Intraday call performance 24/12/07

To Start with "Market Outlook"- "Market Watch Section"
Dispite less participation, market zoomed as expected and once it crossed 5860 ressitance it was one side move all over again and moved beyond everybody's expectation to make a high of 6000.As Expiry is alos nearing, the volatility will also be high this week.

Stock watch for the day:

Bharti:This was given a buy call above 915 and target given was 950 and stock made a high of 985

Following calls were given in yahoo messenger for clients:

Short MPhasis at 296 stop 300 and stock fell to 295 and hit stop loss

Short Air-Deccan around 269-270 stop 272.2 and stock fell to 265

Short Mic-Electronics at 880 stop 883...small stop loss....so, don't worry...fell to 876 and then hit stop loss

Buy Sail around 268 stop 264 and sail made 272 and told to come out whenit came down to 269

Short IDFC around 215 stop 217 and stock fell to 213 and then hit stop loss

Buy RCom at 723 stop 718 and rcom made 724 and then told to come out when it came down to 722

Market outlook for 24/12/07

Indian market also might follow world markets and move upwards today and the resistance to be watched again will be 5800 and 5840 on upper side and failure to cross might induce higher level selling again.Now, Christmas and New-Year will have an effect in the market and also Gujarath election results will also have an effect slowly in coming day's.Volume might be low today because of these big holiday's as people need money and many of them might also keep away from market for some time playing it safe.So, better to be cautious and book profits whenever it comes.Nifty has great support at 5740 for today and if breaks might test 5700.

Stock watch for the day:

Bharti Tele (919): Watch this stock again and stay above 915 will move towards 930 first and if moves above 930 will induce momentum and might also blast to 945-950.But, only above 930 which will be a major resistance.

Intraday call performance 20/12/07

To Start with "Market Outlook"- "Market Watch Section"

Today being the last day of the week, strangely volatility was less and nifty moved between the range 5740-5800 for most part of the day and never broke 5700 support nor 5800 resistance also.Next week opening might decide again.

Stock watch for the day:

Nahar Industries: This was given a buy call with stop loss 144 for target 152 and stock made a high of 151.8

Following calls were given in yahoo messenger for clients:

It was an excellent day of trading for my clients

Buy Viceroy Hotels at around 115.5 -116 stop loss 114 and stock zoomed to 118 and for those who haven't covered at 118, told to come out at 116.5

Take a small risk and short small quantity of Monnet Ispat at 500 stop 503...remember small quantity and stop also small and stock made a low of just 499 and hit the stop loss

Short Ansal Properties at 375 stop 380 and stock made 358

Short Air Deccan now at 295 stop 298 and stock fell to 272

Short RCom at 710 stop 712 and stock fell to 702

Market outlook for 20/12/07

Market is not showing any direction and nifty is trapped between 5670-5840 for almost a week now.At every top level, selling is seen and yesterday nifty also broke 5700 and made a low of 5677, but recovered fast to close at 5750.Today, 5770 will be resisitance and above that might try for 5840-5860 resistance and if doesn't cross will face selling again.If nifty doesn't even cross 5770, then chances of breaking 5700 today is very high.Traders are also seems to be in a a hurry to take out money at every high ahead of big holiday's..Today, if nifty breaks 5700, watch out for 5665 support and if breaks that also might take it straight to 5630.

Stock watch for the day:

Nahar Industries: Buy this stock with stop loss 144 for target 152 and if crosses 154, it might even zoom to 160

Intraday cal performance 19/12/07

To Start with "Market Outlook"- "Market Watch Section"

As expecetd and told nifty went up above 5800 and made a high of 5840 but never reached 5860 and faced selling from higher level and came down to test 5700 resistance and finally broke even that and made a low of 5677.Nifty continued its volatility and the time is proving right for day traders.

Stock watch for the day:

Marico: This was again given a buy call above 67 for a target 73, but it made a high of 71.7

Following calls were given in yahoo messenger for clients:

Short Sail at around 266 stop 267..small stop loss....and stock made a low of 250

Buy Everest Kanto around 321 stop 316 and stock went upto 326 and closed at 323

Short Ansal Properties at around 396 stop 400....and stock made a low of 363

Buy Monnet Ispat at 524-525 stop 520 and stock made 529 and then came down to hit stop loss

Buy Air Deccan around 304 stop 299 ...and stock made 310.5 and for those who didn't cover at 310, told to come out when it came down to 307

Market outlook for 19/12/07

There is so much of volatility in the market these day's and also now onwards factors like christmas, new year, global factors and also expiry effect will show its presence in the market.For today, above 5780 nifty will move towards big resistance at 5860 which is to be watched as selling is expected again around these levels.Downside, 5700 still remains big support for nifty.Break of 5700 might take nifty to 5665 support.

Stock watch for the day:

Marico (68.9) : Yesterday this stock achieved its given target and for today also it is a buy above 67 and target will be 73.But, if 67 breaks (chances are very very remote) it might fall to 65

Intraday call performance 18/12/07

To Start with "Market Outlook"- "Market Watch Section"

Market remained week throughout the day and nifty ended the day week again closing below yestedray's close and volatility continued from yesterday and might go on for some more days now as expiry and year ending effect will be there in the market.

Stock watch for the day:

Marico: This was a clear buy call with stop loss 67 for taregt 70-73 and stock made a high of 71 intraday

Following calls were given in yahoo messenger for clients:

Short Omax at 538-540 stop 550 and it just came down to 535 and closed at 542

Short ACC at 1060 stop 1075 and stock came down to 1047

Short Punjab National Bank at 635 stop 645 and stock fell to 626

Short IDFC at 215 stop 217 and stock came down to 211.5

Market outlook for 18/12/07

As soon as nifty broke its strong support at 5985, it crashed heavily and even made a low of 5740, which will act as a support for today's move.Some buying will come today, but in all probability upper level selling will be witnessed again and on upper side 5860 will be major hurdle and remains to be seen whether it can cross that or selling will emerge again..!if market opens on a week note with lower opening, buying will emerge from lower end for sure.Watch out for 5740 and 5860 today and if 5740 is taken out, we might see 5680 as next support area.

Stock watch for the day:

Marico: (68.45) Watch this stock for today and if there is lower opening in nifty and marico is above 67, buy it for target 70-73 and below 67, don't take position.

Intraday call performance 17/12/07

To Start with "Market Outlook"- "Market Watch Section"

Nifty opened week as expected and continued its downward journey and never recovered after that and it was told here also that first 30 minutes will be crucial for market direction today and market went on breaking all supports and made even a low of 5740 a whopping 300 points loss on intraday basis..!

Stock watch for the day:

Gail:This was given a buy call only above 510 and sell call below 510 to target 500 and stock made a low of 495

Following calls were given in yahoo messenger for clients:

Short Idea Cellular at 137 stop 139 and stock made 127.5

Buy Axis Bank at 1000 range....stop 994....small stop loss and stock zoomed to 1006 and then hit stop loss

Buy G.E.Shipping at around 526-527 stop 523...small stop loss for 540 and the stock made 537

Market outlook for 17/12/07

Nifty is showing weekness now and below 6110, today also nifty will continue its downwards journey and if nifty crosses 6110 in anytime, allround buying will emerge again.Downside, 5990 will provide good support and if there is lower opening and if 5990 is not broken, there will be smart recovery.So, watch out for 5990-6110 today and any side break out will be too much.Watch the market for initial 30 minutes which might decide the market trend for today.If 5990 gets broken anytime, then the lower support is at 5960.

Stock watch for the day:

Gail : This stock will move towards 530-535 above 510 and if 510 is broken then might fall to 500.

Intraday call performance 14/12/07

To Start with "Market Outlook"- "Market Watch Section"

Nifty opened week and moved up later.But still coudn't cross 6110 resistance told and hence remained week throughout the day and although nifty broke one suport at 6040 as expected, but couldn't break 6000 strong support given and will be interesting to see nifty movements on monday

Stock watch for the day:

Bharti Tele:This stock was given a target of 1010 above 980, and a target of 960 below 980 and the stock zoomed to 999 on upper side above 980 and on break of 980 came down crashing to 945

Following calls were given in yahoo messenger for clients:

It was a great trading day for my clients

Short Bharti Tele at 978 stop 985 and stock fell to 945 and told to come out near 950...super duper profit

Short RCom at 770 stop 772 and stock fell to 758..very god profit

Take a small risk and Short Navbharath at 258 stop 260.5...very small stop loss..and stock fell to 251...super duper profit

Buy Bharti at 948 stop 944...small stop loss...and stock zoomed to 959 and told to come out as 960 was ressitance

Market outlook for 14/12/07

As soon as Nifty broke 6110, it came down heavily and now looks set to test 6000 for today and on upper side 6110 will be tested again and failure to break 6110 will result in testing 6000 strong support which will be difficult to break and if breaks 6000 strong support, it will be worse and nifty might go straight to 5960.These day's world market clues are also important in taking market directions.Yesterday Dow jones closed marginally up by 44 points.If the market opens on a week note, buying might come from lower levels near to 6000 levels and if opens higher, selling might emerge from higher levels again.On upperside, watch out for 6110 level and if nifty breaks this level it will move towards 6150 range.Overall, it might be a volatile day today.

Stock watch for the day:

Bharti Tele (988): This stock taken a beating yesterday and for today, 980 will be support and if holds on to 980, it will move towards 1010-1025 again.If 980 gets broken, then it will hit 965-960 on downside.

Intraday cal performance 13/12/07

13/12/07

To Start with "Market Outlook"- "Market Watch Section"

Although market opened on a strong note, faced selling at higher levels and once it broke major support of 6110, it went down severely and made a low of 6040 support

Stock watch for the day:

Nahar Industries:This was given a buy call for the taregt of 155-160 and the stock made a high of 154

Following calls were given in yahoo messenger for clients:

Buy Sail at 284 -285 stop 281...small stop loss and sail made 293 ..very good profit

Sell Navbharath at 260-261 stop 262.3 and fell to 247.5....super duper profit

Buy Nicolus Piramel at 345 range stop 340 and stock made 352 and told to come out of longs at 348 when nifty broke 6110

Buy RCom near 760 range with stop loss at 755 and stock made 772 and when it came down to 768 told to come out as nifty broke 6110 support

Buy Essar Oil at 303 stop 302 and essar made 304.5 and then hit the stop loss at 302...small loss

Short IDFC at 227.5 stop 229 and stock made 221.6....very good profit

Market outlook for 13/12/07

13/12/07

Nifty has finally crossed 6100 mark and for today remain above 6110, it looks one sided and it's buy on dips today until 6110 is held.Market is in very bullish mode and as told yesterday in market outlook, nifty is targeting 6400 in near term now.Today, watch out for 6225 resistance zone on upper side and above that it might even hit 6300 also...! but, selling might arise near 6225 range.Downside, watch out for support at 6110 and if breaks (chances are very very remote), market will panic again.

Stock watch for the day:

Nahar Industries: This stock is in very bullish mode and crossover 145 will hit 155-160 today only.Downside support is at 136

Intraday call performance 12/12/07

To Start with "Market Outlook"- "Market Watch Section"

Nifty reacted to world markets which were down and as said went negative below 6110.It was clearly mentioned that if nifty remains below 6110, nifty will face selling and remain week throughout the day.

Stock watch for the day:

Glaxo: This stock was given a buy above 1015 for target 1065 and the stock made a high of 1069

Following calls were given in yahoo messenger for clients:

Short Air Deccan at 263 with stop 264.5 and stock made 261.5 and when it came up again to 262.5, told to come out with no profit no loss

Buy ICICI Bank at 1300 stop 1290 and stock made 1308 then hit the stop loss

Buy RCom at 746 stop 739 and stock made 775

Short IDFC at around 225.5 with stop 227..small stop loss and the stock came down to 221.4

Market outlook for 12/12/07

12/12/07

FED rate cut of 25 BPS is a positive news for the market now and there might be a gap up opening also.If nifty crosses 6100, then the near term target for nifty is around 6400 and 6100-6000 will act as a strong support for coming day's.For today, nifty will have strong support at 6040.On upper side, if nifty crosses 6110, in all probability 6150 will be tested and if nifty remains below 6110, there will be selling today.Even if there is higher opening, there will be selling at higher levels.So, watch out for levels 6110-6150 on upper side and 6040 on lower side.

Stock watch for the day:

Glaxo Industries (1025): Buy this stock only if 1015 is held for targets 1050 -1065 today.

Intraday call performance 11/12/07

11/12/07

Nifty opened in a bullish note and once it crossed the strongest resistance level at 6060, it was allround buying and nifty made a high of 6111.Today's FED rate cut news was helpfull to take nifty to new higher levels.

To Start with "Market Outlook"- "Market Watch Section"

Gail: This stock was given a target of 520 and as expected Gail made a move on upside to make a high of 525.

Following calls were given in yahoo messenger for clients:

Short Ansal Properties at 303 stop 305 and stock made 298 and then came up

Buy Reliance Capital at 2447 stop 2438...small stop loss...and stock made 2462

Buy Eicher Motors at 479 with small stop at 476.5 and it zoomed to 483 and then hit stop at 476.5...small loss

Buy RCOM at 733 stop 729 and RCOM zoomed to make a high of 747

Market outlook for 11/12/07

11/12/07

Market will move up and will face selling at higher levels again today.Today's FED meet also is important for the market and though expected positive news on the card, market might slip before the meet today.Banking stocks will be on watch today.On upper side,watch out for resistance at 6050-6060 range and one can expect selling around these levels and overall buying might emerge if these levels are crossed.On downside, major support is at 5920 and below that, 5865

Stock watch for the day:

GAIL (500): Watch this stock and if starts moving above 500, buy it with stop 495 for targets 515-520

Intraday cal performance 10/12/07

10/12/07

Today nifty again faced selling at higher level and remained week throughout the day and most importantly nifty held to the support level given here in the market outlook at 5920 as nifty made a low of 5923 and bounced back to close at 5961

To Start with "Market Outlook"- "Market Watch Section"

Bharti Tele: This was a clear buy call with stop 950 for target 985 and as told, stock made a high of 989

Following calls were given in yahoo messenger for clients:

Buy IFCI at 105 stop 103 and stock zoomed to 107 and told to come out when it came down to 104.8

Buy GE Shipping now at 491 stop 487 and stock made 493 and when it came down to 491.5, told to come out of that position with no profit-no loss

Buy Reliance Capital at 2415 stop 2400 and stock zoomed to 2423 and then came down to hit the stop loss

Sell Kotak Bank at 1300 stop 1315..and teh stock came down till 1283

Buy ICICI BANK now at 1273 stop 1265 and told to cover at 1270...small loss

Market outlook for 10/12/07

10/12/07

Left has started threatning the government again......

Nifty is facing selling at every raise and for today watch out for 6050-6060 range and if nifty doesn't cross this range, it will again fall from the top for sure.In other way round, if nifty crosses this level then all round buying will come today.Moreover left has again started threatning the government over nuclear issue and so, market might seem to fall from top again today.Downside, watch out for 5920 and then 5890 support.It looks like a play between 5920-6060 today.Any break might be crucial

Stock watch for the day:

Bharti Tele (959) : This has broken out and for today, buy this stock with stop 950 for target of 985

Intraday call performance 07/12/07

07/12/07

Nifty moved up as expected and crossed even 6027 to make a new high of 6042 and higher level selling again witnessed which broke the strong suport at 5920 and made a low of 5895 and again recovered to zoom past 5950.These higher level selling might continue for the time being

To Start with "Market Outlook"- "Market Watch Section"

IFCI: This was a buy call with support for the target of 109 and it made 108 instead and on downside below 105, target given was 100 and it made 97.8

Four Soft: This was again a buy call with suport at 48 for target 52, but it opened at 52 and zoomed to 58.75...blasting call today

Following calls were given in yahoo messenger for clients:

Buy Inox at 159 stop 158 and inox zoomed to 162 and then hit stop loss

Short Sail at 278 stop 282 and stock came down to 264...very good profit

Buy RCOM at 733 stop 729 and zoomed to 740

Buy Ispat Indutries at 71 stop 70.5 and stop loss hit

Short IFCI at 103 stop 104.2 and stock fell to 97.8...very good profit

Market Outlook for 07/12/07

Market Outlook For 07/12/07

No one would have expected nifty to fall to that extent yesterday and nifty even tested strong support at 5920.Yesterday's top will be very important for nifty in next 2,3 day's atleast and if nifty doesn't cross this top created yestedray (6027) then there is danger for the market.For today, nifty will start moving upwards again and will face resistance around 6000 and then 6027 (strong resistance).If nifty crosses 6027, allround buying will emerge.But, in all probability nifty will face higher level selling near 6000 today.On downside, 5920 will still hold strong support and if breaks panic will be created and might take nifty towards 5860 level.

Stock watch for the day:

IFCI: This stock will move towards 109 again today with 105 as support and if 105 is taken out, then first panic will be created in this stock now.Break of 105 might take ifci to 103 (strong support) and then 100

Four Soft: For this stock, 48 is the good support and today if it holds on to 48 , it will move to 52 as first target.

Intraday call performance 06/12/07

06/12/07
As expected nifty zoomed and made new high and also there was selling coming at high and more interestingly it even tested the more important resistance level of 5920 once and this resistance will play an important part in coming day's and also today's nifty high will also be very important for future upmove now onwards.

To Start with "Market Outlook"- "Market Watch Section"

Neyveli Lignite: This stock was given a clear buy above 260 for target 275 and it could make only 269 today and came back

Following calls were given in yahoo messenger for clients:

Today there was problem in icici site and so given only 2 calls to clients....

Short Inox Leisure at 159 stop 161 and stock made a low of 157.8 and gave a call to clients to come out if not comfortable and stock then hit stop loss.

Short Essar Oil at 303 stop 307.5 and stock fell to 292

Market Outlook for 06/12/07

Market Outlook for 06/12/07

Nifty zoomed above 5920 and also ended in green and looks to be in very bullish mode now till it maintains 5920.Can it be gap opening today above 6012 is to be seen and high made in first hour is very important today.If the resistance of 5980-6010 is not taken off then again danger ahead for nifty.For today, nifty looks very bullish and 5980-6010 is the resistance zone to be watched which might also be taken off if the gap up opening comes above that and if not, support will be at 5920 and then 5860 on downside.

Stock watch for the day:

Neyveli Lignite: Watch this stock for today and if it maintains 260, target for today would be 275 and below 260, support is at 254 and then 246

Intraday call performance 05/12/07

05/12/07
Nifty opened positive today and also ended in green and only interesting resistance will be around 5980-6010 and if this resistance is crossed, then overall buying will come.

To Start with "Market Outlook"- "Market Watch Section"

Neyveli Lignite: Today it was given a sell call if 255 was not taken off and stock crossed 254 and made high of 269

Jindal Stainless: This was a buy call with stop loss 235 for target of 245 and stock made 244 and came down to hit the stop

Following calls were given in yahoo messenger for clients:

Short Glaxo at 956 stop 960...don't keep long stop and stock made 948 and then hit stop loss

Buy Jindal stainless at 239 stop 237 and Jindal zoomed to 241.5 and then hit stop

Short Neyveli Liginite at 250 with stop 254 and Neyveli fell to 246 and then hit stop loss

Short IFCI at 109 stop 110.2 ad stock FELL TO 106...very good profit here

Buy Sail at 282 stop 279 and it made 291...good profit

Neyveli looking hot now at 254...Buy it with stop 250 and stock zoomed to 269...super duper call

Market Outlook for 05/12/07

Market Outlook for 05/12/07

Nifty is facing stiff resistance around 5900 and for today, if nifty fails to cross 5900, then it might test 5820 and on the downside, 5780 will be strong support to watch out only if 5820 is broken.Above 5900, again 5920 will be the strongest resistance for today and only above that level it will be bullish.So, watch out 5900 and 5820 today.

Stock watch for the day:

Neyveli Lignite (244): Today watch out for 255 level and if doesn't cross that, sell this for target 240-236

Jindal Stainless (238.6): Watch out for strong support at 235 and if this support is held, this stock will move towards 245-250 today.

Intraday call performance 04/12/07

04/12/07

Nifty couldn't even cross 5900 today and selling came from 5897 just as told here about higher level selling....! now, 5800-5820 will be good support on downside for further upmove.


To Start with "Market Outlook"- "Market Watch Section"

GE Shipping : This stock was a clear buy above 500 for the target of 520-525.But the market sentiments did not allow it to make 520 and just made a high of 513

Following calls were given in yahoo messenger for clients:

A good trading day for my clients again....

Short Glaxo around 960 stop 965 for target 935 and came down to 948

Buy Shringar Cinema at 106 stop 104.9 and stock zoomed to 108.3

Short IDFC at 221 stop 224 for targets 217-215 and came down to 214

Market Outlook for 04/12/07

04/12/07

Market Outlook

As expected nifty zoomed and near to 5900 now and overall sentiments are also very bullsih and the final resistance will be in the range of 5980-6010 and if crosses that overall buying will take nifty towards 6300 mark and if fails to cross this time also then nifty might drop to 5200 level. For today, watch the level of 5910 and if nifty moves above that will test 5960 resistance for sure.One can expect higher level selling to come today.There might also be a gap up opening today.On downside, strong support at 5835-5820.

Stock watch for the day:

G.E.SHIPPING: Remain above 500, target would be 520-525 today.Below 500, might fall to 492 range

Intraday call performance 03/12/07

03/12/07

As expected, nifty zoomed past resitance 5820 and ended in green and now only big resistance is in the range of 5980-6000.Tomorrow's closing will be interesting to watch.

To Start with "Market Outlook"- "Market Watch Section"

Crompten Greeves:This stock was given a buy with stop of 420 for target 440 and stock made a high of 434

Neyveli Lignite: This was again given a clear buy with stop loss of 230 for the target of 245-252 and stock made a high of 250.7

Following calls given in yahoo messenger for clients:

The day was excellent for all my clients today.....

Buy Ispat Industries at 52 stop 51 and stock zoomed to 55

Buy Crompten Greeves at 425 stop 420 and stock zoomed to 434 and when it came down to 422 told to come out for those who haven't covered.

Buy Bank of India at 352 stop 347 and stock zoomed to 363

Buy Neyveli Liginite at 237 stop 233 and stock zoomed to 251

Short Glaxo India at 965 stop 970...small stop loss...and stock came down to 951

Buy G.E.Shipping at around 495 with stop 489 and stock zoomed to 510

Market outlook for 3rd December

Market Outlook for 3rd December

Begining of december and last month of the year starts and market interestingly poised and looks set to test 6000 again if 5820 resistance is taken off.So, for today market sentiments are looking very good , but still watch out for 5820 resistance and crossover might be very bullish and also one sided to test 6000 resistance for one more time i believe.Anyways, today's closing and tomorrow's trading is very important for further market actions in coming day's.Today keep a watch on IT stocks-might move strongly.

Stock watch for the day:

Crompten Greeves: Watch this stock for today and move above 420 will fire towards target 440-445 today itself

Neyveli Lignite: This stock is looking hot.Buy this with stop loss 230 for target 245-252