Intraday Call performance 26/11/07

24/11/07

Today as expected market remained positive and made a high of 5772 and also selling was seen at higher level.But in the end, nifty closed in green again.

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

NTPC :This was given a clear buy call for the target of 245 with stop 235 and stock reached teh target making a high of 244

RPL: This was again given a buy call with stop for target 220 and stock almost reached the target making a high of 218.5

Following calls given in yahoo messenger for clients:

SHORT IDFC AT 193 with stop 195 and stop loss hit

BUY EVERON SIYSTEMS AT 495 STOP 492 and stock zoomed to 510

Buy PFC at 247 stop 245 and stock came down to hit stop loss

BUY IDFC at 196 stop 194 and stock zoomed to 197.5 and when it came down to 197, told to come out

SHORT RCOM AT 689 STOP 695 AND STOCK CAME DOWN TO 682

Buy Crompton Greeves at 414 with stop 410...small stop and stock zoomed to 442

Market outlook for 26th November

26/11/07
Market Outlook
Nifty ended in green and will continue its upward journey today also crossing 5630 and second half will be interesting again as selling is expected with resistance around 5720 level.Higher opening also might be witnessed.This time around, if 6000 is not crossed in coming day's nifty might come down till 5200 very ehavilya nd next 2,3 day's will be very interesting to watch and it all looks like manipulation again and remains to be seen wether bulls wil take over 600 or bears take down to 5200..!

Stock watch for the day:

NTPC:Watch this power stock...if it remains above 235, it will blast to 245 as first target today and below 235, 230 is strongest support

RPL-This stock looks to be set into buy mode for today and holding on to 205 support, it will move to 215-220 today itself. Buy only if 205 is held.