Thursday, November 15, 2007

Today's intraday call performance-15/11/07

15/11/07

Market struggled near its resistance at 5960 given and gap filling exercise was done and now reamian above 5900 tomorrow, nifty will try for 6000 and even closing above 5900 tomorrow also looks good for monday.

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

Bharti Tele: It was given a target of 875 for today and was expected selling to come around there....... but, it zoomed past 900 today

Infosys: As expected, below 1690 crashed very heavily to 1638.

Following calls given in yahoo messenger for clients:

Overall an excellent day for my clients today

Short IDFC at 197 stop 198.7 and idfc came down till 190.5

Buy GAIL at 442-443 stop 438 and gail zoomed to 464

BUY RELIANCE ENERGY AT 1940 STOP 1923 and the stock zoomed to 1950 and then hit stop loss.

Buy Ispat Industries at 47 stop 46 and ispat made a high of 49.25

Buy Reliance Energy at 1866 stop 1858...snall stop and stock zoomed to 1900

Short SMALL QUANTITY of Reliance Indutries at 2275 stop 2281 as it is the lastt hour of trading..so, be carefull and stock came down till 1867 and then hit the stop loss

Market outlook for 15th november

15/11/07

Market outlook for 15th november

NIfty once crossed 5800, there was not stopping and ended above 5900 and nifty has last resistance near 5960 and crossver stright to 6040 where selling will come today.Today, it is interesting to see where selling will come.Will it be near 5960 only or near 6050.Because of yesterday's move, today gap filling exercise has to come and where it will come is interesting and if nifty zooms past 6040 also, higher level selling will come for sure.

Stock watch for today:

Bharti Airtel: Today, bharti might move towards 870-875 where selling will come and below 850, it will fall to 840-835

Infosys:This stock has gone up yesterday along with the index and today if it is abopve 1690, it will continue its upwards journey towards 1740 as first target and once it breaks 1690, it will come down sharply

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