Intraday call performance 19/11/07

19/11/07

Nifty still not able to cross 6000 today and now it looks a worrying factor and any slide below 5850 might confirm of downtrend for sure and for uptrend nifty has to cross 5600.

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

Bharti Tele: Given a buy call with stop 904 for target 937 reached the targeta nd made a high of 943 today

Following calls given in yahoo messenger for clients:

It was an excellent day of trading for my clients

Buy RCOM at 710 stop 705 and rcom zoome dto 724

Short RNRL at 171 stop 171.5 and rnrl fell to 169

Short GAIL at 451-452 stop 455.2 and stock fell to 443

Buy Orchid Chemicals at 249-250 stop 248.5 and stock zoomed to 260

Market Outlook for 19/11/07

Market Outlook for 19/11/07
Nifty continues to be range bound and 5960 still remains as stiff resistance if nifty crosses 5960, probably 6012 will be tested on upside or else selling will come near 5960. Downside, watch out for 5860 as strong support.It will be interesting to watch technical sectors for today as they have taken some beating in these day's and today it has to recover a bit here or else it will be worse for techinical sectors with infosys leading from front.Proabably, today is the day for market direction.

Stock watch for today:

BHARTI TELE: 904 is support for bharti and remain above that will shoot upto 924-937 and below 904, 890-895 is strongest support.