Intraday call performance 27/11/07

27/11/07

Market was very volatile and nifty closed just around 5700 and expiry is bringing in lots of volatility now and this is expected to continue for another 2,3 day's.

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

INFOSYS: This stock as expected made a little raise and failed to cross 1600 and tested 1565 and made a low of 1560

Following calls given in yahoo messenger for clients:

Buy SCI at 236 stop 234.5 and stock zoomed to 249.7

Buy SAIL at 266 stop 263 and sail zoome dto 272.5

GE Shipping looking good ...will blast above 480 and target given for buy was 490-493 and stock zoomed to 502

Market Outlook for 27/11/07

27/11/07
Market Outlook

Nifty as expected continued its upward journey and even though found some selling at higher end, still ended in positive mode only.For today, market will be positive again and will be interesting to see whether it can cross 5810 and if crosses, then it might be one side movement today and if doesn't cross , again higher level selling will come.

Stock watch for the day:

Infosys: Eventhough this stock has shown some recovery, it is still below its strong resistance level at 1610 and if doesn't cross 1610, it will come down after initial raise and 1565 might be tested again on down side if 1610 is not taken off.