Intraday call performance 28/12/07

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

Today was really a big trading day for all as all calls given blasted with super profits

Even today nifty coudn't cross 6110 resistance as expected and also told here and faced selling at higher level at 6099 and made a low of 6022 breaking support at 6050.Even though nifty recovered smartly and closed at 6080, monday and tuesday's tradings will be very interesting.

Stock watch for the day:

Viceroy Hotels:This was a super duper call given to buy with stop loss of 113 for the target of 118-122 and stock zoomed to make a high of 132
Alok Textiles:This was also a super duper call given to buy with stop loss of 96 for targets 101-103 and stock made a high of 104

Following calls were given in yahoo messenger for clients:

Today was really a big trading day for my clients as all calls blasted and clients earned a lot today

Short Reliance Industries at 2925 stop 2940 and the stock fell to 2862

Buy VSNL at 733 wth stop730 and it made a high of 755

Buy Bank of Baroda around 432 stop 427 and the stock made a high of 458.5

Buy Sun Tv around 406 stop 402.5 and stock made a high of 412

Buy Inox at around 219 stop 218...small stop and inox zoomed to 223

Market outlook for 28/12/07

Nifty still facing the same 6110 as big resistance and unless it crosses that resistance, momentum is down for the time being and for today, watch the opening and first 30 minutes of play is very important for the day.Above 6110, nifty might move towards 6150 and if nifty stays below 6110, then might test 6050 support again
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Stock watch for the day:

Viceroy Hotels (114.9): Watch out for 113 support and untill held, target is 118-122 for today

Alok Textiles (98.5): Buy this stock with stop 96 for targets 101-103