Monday, December 3, 2007

Intraday call performance 03/12/07

03/12/07

As expected, nifty zoomed past resitance 5820 and ended in green and now only big resistance is in the range of 5980-6000.Tomorrow's closing will be interesting to watch.

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

Crompten Greeves:This stock was given a buy with stop of 420 for target 440 and stock made a high of 434

Neyveli Lignite: This was again given a clear buy with stop loss of 230 for the target of 245-252 and stock made a high of 250.7

Following calls given in yahoo messenger for clients:

The day was excellent for all my clients today.....

Buy Ispat Industries at 52 stop 51 and stock zoomed to 55

Buy Crompten Greeves at 425 stop 420 and stock zoomed to 434 and when it came down to 422 told to come out for those who haven't covered.

Buy Bank of India at 352 stop 347 and stock zoomed to 363

Buy Neyveli Liginite at 237 stop 233 and stock zoomed to 251

Short Glaxo India at 965 stop 970...small stop loss...and stock came down to 951

Buy G.E.Shipping at around 495 with stop 489 and stock zoomed to 510

Market outlook for 3rd December

Market Outlook for 3rd December

Begining of december and last month of the year starts and market interestingly poised and looks set to test 6000 again if 5820 resistance is taken off.So, for today market sentiments are looking very good , but still watch out for 5820 resistance and crossover might be very bullish and also one sided to test 6000 resistance for one more time i believe.Anyways, today's closing and tomorrow's trading is very important for further market actions in coming day's.Today keep a watch on IT stocks-might move strongly.

Stock watch for the day:

Crompten Greeves: Watch this stock for today and move above 420 will fire towards target 440-445 today itself

Neyveli Lignite: This stock is looking hot.Buy this with stop loss 230 for target 245-252

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