Monday, December 24, 2007

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

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