Intraday call performance 30/11/07

30/11/07

Market opened strong and remained strong throughout the day and even crossed 5760 mark and made a high of 5783 and closed below 5800 and now 5800 is the only resistance to watch out for on monday and above that might be one sided for monday and if stays below 5800 and not able to cross 5800 then again trend remains bearish.

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

INDUSIND BANK: As given here, this stock above 118 hit 124 and the taregt was given as 124-126

IDFC:Below 200, this was a sell call..but, it went above 200.So, call not initiated

Following calls given in yahoo messenger for clients:

Short JP ASSOCIATES at 1815 stop 1830 and stock came down to 1807 and then hit stop

Short Bhushan Steel at 1370 stop 1385 and stockcame down to 1320...big profit

Short Bajaj Hindustan at 200 stop 203.5 and came down to 199 and hit stop loss

Short RPL at 217.5 stop 219...small stop...don't worry and stop loss hit and it made a low of 216 and then hit stop

Short Bharti at 926 stop 927 and stock came down to 922 and todl to cover with small profit

Market outlook for 30th November

30/11/07
Today being last day of the week as well as month, market may be volatile again and if nifty remains below 5660 it will be week only.Above 5660, some buying will come again.Watch out 5660 and on downside, watch out 5590 support.

Stock watch for the day:

Indusind Bank: This stock has made a break out and if remains above 118, it will move to 124-126 and below 117 will come down to 115-114.

IDFC: This stock seems to be loosing strength again and facing selling at every raise and today watch out for 200 and if doesn't cross sell it for lower targets 194-192