Intraday call performance 27/12/07

To Start with "Market Outlook"- "Market Watch Section"
As told here, nifty found resistance at exact 6110 level as it made a high of 6110 and came down to test 6050 support and made a low of 6060.Overall it was an volatile day of trading todaya s expected.

Stock watch for the day:

Exide Industries: This stock was given a clear buy above 75 for target 82-84 and stock made a high of 81

Following calls were given in yahoo messenger for clients:

Buy G.E Shipping around 545 stop 535 and G.E Shipping zoomed to 559

Buy RPL around 222 stop 220 and rpl zoomed to 226

Buy Everest Kanto (E.K.C) at 351-352 stop 347.5 and stock zoomed to 356

Market outlook for 27/12/07

As told yesterday, only big resistance is at 6110 and if gets past that it might be only one way up for today.But expiry effect also might come into effect in the last hour of play and lots of volatility can be seen.Watch out for 6150-6180 if nifty crosses 6110 resistance and on downside 6050 and 6000 will be big supports for today.Traders participations is also less these day's and market might settle down in another week showing perfect direction.

Stock watch for the day:

Exide industries (77.7): This stock looks exciting above 75 and may touch 82-84 today if 75 is saved.