Intraday call performance 29/02/08

As expected, it was a big day of union budget and volatility was too high in the late afternoon and i also had to tel clients to close intraday positions and stay out of the market today as it was getting too dangerous staying in intraday and nifty even made a low of 5190.Now, it might take another 2,3 days to understand the budget and then react to that.

Stock watch for the day:

EKC: This was given a sell call below 320 for the target 305 and the stock made a low of 302

Following calls were given in yahoo messenger for clients:

Buy Nifty Futures around 5190 with stop 5180 small stop loss and it made 5215 and then hit the stop loss

Buy Punjab Lloyd around 394 with stop 392 and told to come out at 393 because of severe volatility

Buy Onmobile Global around 616 with stop 614 and the stock made 623 and when it came down, told to alter the stop to 616 and stop loss hit

Buy NTPC around 205 with stop 202 and the stock made 207 and told to stay out of market when it was struggling at 205.5

Buy Bajaj Hindustan around 250 with stop 246 and the stock made just 252 and told to come out at 249

Buy Suzlon around 285 with stop 282.5 and it made 288.5 and told to cover position because of intraday volatility when it was around 287

Short Bank of India around 340 with stop 343 and told to cover the position and stay out of market when it was at 339 because of severe volatility

Market Outlook 29/02/08

Interesting day of trading today- as usually after expiry, things will settle in a direction and today union budget announcement will bring about volatility again and initially amrket may pull up due to budget expectations and later on might come down.So, for today again watch out for 5300 resistance and crossover will test 5360 stiff ressitance and if crosses may test 5400 level.On downside, watch out for 5265 support line and below that, 5220 will be strong support.So, play the trend today along with union budget.

Stock watch for the day:

EKC (314): If this stock remains below 320, then it will test 305 support level on downside.

Intraday call performance 28/02/08

Expiry effect was clearly visible in thye market today and as expected volatility was also there and market was more on the downside throughgout the day.Tomorrow again budget day, interesting day of trading ahead.Nifty made a high of just 5300 and a low of 5227 today

Stock watch for the day:

IRB Infrastructure: This was given a buy call with stop loss 200 for teh target 212 and the stock made a high of 214

Following calls were given in yahoo messenger for clients:

It was a good profit day for all my clients

Buy Nifty Futures around 5235 with stop 5220 and it made 5284 and told to cover

Buy Nifty Futures again around 5235 with stop 5225 and it made 5278

Buy Reliance Industries around 2550 with stop 2540 and the stock amde just 2558 and then hit the stop loss

Buy Maruti around 825 with stop 820 and the stock made 843

Buy HDIL around 862 with stop 858 and thestock amde 869.4

Buy NTPC around 197 stop 194.6 and the stock made 206

Buy Bajaj Hindustan around 243 with stop 240 and the stock made 246 and told to come out at 245

Market Outlook 28/02/08

Market showed severe volatility after opening strong yesterday and the volatility will constinue for today and also tomorrow due to Expiry of Feb month F&O contract and Union Budget.For today, above 5300 nifty will again test 5360 ressitance and if crosses 5360, then might move towarsd 5400.Nifty below 5300 may test 5250-5220 strong supports today.Being in intraday, one got to play along with the trend set for that particular day.

Stock watch for the day:

IRB Infrastructure (201.7): If remains above 200, it will move to 210-212 again and below 200 might test 195

Intraday call performance 27/02/08

Market opened gap up today morning and stayed in positive zone most part of the day and once it broke strong support at 5340, market slipped and went on to make a low of 5250 and closed in psoitive zone again at 5268 just 2 points lower than yesterday's close.Tomorrow being expiry day, volatility was expected.

Stock watch for the day:

Bajaj Hind: This was given a buy call with stop 252 for the target 265 and the stock made a high of 265 and then slipped

Following calls were given in yahoo messenger for clients:

It was a very good profit day for my clients

Buy Nifty Futures around 5350 stop 5338 and it made 5365

Buy Nifty Futures around 5320 stop 5300 and it made 5362

Buy Tisco around 820 stop 815 and the stock zoomed to 834

Buy J.P Associates around 274 with stop 270 and the stock made a high of 280

Buy Adlabs around 925 stop 916 and the stock made 932 and then hit the stop loss

Buy Mundra Port around 760 with stop 754 and the stock made 766

Buy Punjab Lloyd at 395 with stop 393 and the stock made 403

Short Bajaj Hindustan around 249 with stop 250.5 and the stock made a low of 232

Market Outlook 27/02/08

Market was very bullish for the second consecutive day yesterday and nifty made a high of 5281.Nifty above 5260 will remain positive and below 5260, it may see some selling.Today, above 5260 nifty will target 5310 and if breaks 5310, then it will again move towards 5345.So, two strong resistances for today are 5310 and 5345 if nifty stays above 5260 and below 5260 nifty might fall upto 5220 first and then 5175 will be very strong support.Volatility may come again as expiry is tomorrow.

Stock watch for the day:

Bajaj Hindustan (257): Watch the strong support at 252 and if remains above this level, this stock will move towards 265-270

Intraday call performance 26/02/08

It was gao up opening today and nifty reacted exactly at 5260 ressitance and was playing in a narow range afterwards.Once it broke 5260, it was allround bying in the market and nifty rose to 5281 and closing again positive and many of the stocks which had gone for corections recovered well today.

Stock watch for the day:

Essar Oil: This was given a buy call with stop 229 for target of 242-245 and the stock amde a high of 242

Following calls were given in yahoo messenger for clients:

Buy Nifty Futures around 5240 with stop 5220 and it made 5255

Buy J.P.Associates around 251 with stop 247 and the stock made 273

Buy EKC around 321-322 with stop 318 and the stock zoomed to 332.5

Short HDIL around 842 with stop 848 and ithit the stop loss

Buy G.E.Shipping around 440 with stop 438 and the stock hit stop loss and small loss

Buy R-Power around 446 with stop 442.7 and teh stock zoom dto 452.6

Buy Bajaj Hindustan around 256 with stop 253.5 and the stock made 259.4

Short Tisco at around 815 with stop 819 and the stock made 802

Market Outlook 26/02/08

Atlast nifty broke the strong support at 5070, but surprisingly made a low of just 5055 and overall heavy buying resulted in taking nifty to a high of 5212 and within one day market again looking good now ! Anyways, for today 5260 is one resistance and if crosses that , then it will aim for 5300 and then 5310.On downside, below 5200, nifty has support at 5160 and if breaks that 5100 will be very strong support.So, overall makes an interesting day today.Some selling might come from higher levels.

Stock watch for the day:
Essar Oil:Watch this stock which has support at 229 and above 236 will fly to 242-245.Below 229, it is not a buy.

Intraday call performance 25/02/08

Heavy drama took place today as nifty broke strong support at 5070 and madea low of just 5055 and bounced back strongly to break all upside resistance and made a high of 5212 and closed just around 5200 and is at an interesting stage now.There are many things to consider in coming days of market and trading will be interesting.

Stock watch for the day:

J.P.Associates:This was given a buy call with stop 240 for target 260-265 and the stock amde a high of 261

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 5125 stop 5140 and it made 5115 and then told to cover

Short bartronics around 209 with stop 211.2 and the stock made 200 exact to my first target

Buy Voltas around 201 with stop 199.8 and the stock made 203 and when it came down to 201.5, told to come out

Short J.P.Associates around 244 with stop 248 and it made just 243 and stop loss hit

Short Adlabs around 850 with stop 856 and the stock made 845.6 and the hit stop at 856

Short RCom around 581 with stop 586 and the stock made 578 and told come out at 582

Short LITL around 420 with stop 424.5 and the stock made418 and then stop hit

Buy DLF at around 834 with stop 830 for target 850 and the stock zoomed to 848

Market Outlook 25/02/08

As happened in the last few day's, even if nifty opens a high it is expecetd to face selling at higher levels again.Asian markets are showing strong pull back from lower levels and indian market also might move up first accordingly.The support level to watch for is 5065 on downside and any break below this might take nifty towards 5030-5000 today itself. Now that expiry is also nearing and lots of activities will be seen during this time for sure.On upper side, if nifty clears 5140, it will face resistance around 5180-5200 which will be very strong resistance to watch out for.Above 5200 again it will be test of 5260.Volatility will be high again in coming day's as well. Strong support is 5065 and unless breaks that trend is up now.

Stock watch for the day:

J.P Associates (247): Watch this stock and if remains above 240, will fly to 260-265 today.Below 240 is not a buy.

Intraday Call performance 22/02/08

Today market was very boring as whole day it was moving in a narrow range as if it was waiting for something.Nifty made a low of 5093 and a high of 5184 today.Nifty closing was red and downside support is at 5070 and if breaks panic will be craeted in coming day's.

Stock watch for the day:

HDIL: This was given a buy call with stop 816 for a target of 850 and stock made a high of 858

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 5110 with stop 5130 and Nifty Futures made 5080

Short nifty futures around 5110 again with stop 5130 and Nifty Futures made 5103 and told to come out when it made 5112
Short Union Bank at 185 with stop 187 and the stock made just 183.5 and then hit the stop loss

Short Unitec around 369 with stop 372 and the stock made 363.5

Short DLF around 830 with stop 835 and the stock made 823 and then told to close when it was at 830

Buy Bajaj Hindustan around 262 with stop 259 and the stock zoomed to 267.6

Buy Satyam Computers around 441 with stop 439 and the stock made 444.4 and came down to hit the stop loss

Buy Unitec around 372 with stop 370 and the stock made 377

Market Outllok 22/02/08

Yesterday nifty was too volatile as before some days back and as expected came down from high level but still protected 5110 support.For today, trend remains up till it is above 5110 and on downside 5070 is the strongest support and if at all it breaks 5070, total panic will be created.Yesterday DOW also closed down 142 points.On upperside, 5260 will be again the resistance to watch out for and crossover 5260 will take nifty towards 5285 and then 5400.Higher level selling will come again today.

Stock watch for the day:

HDIL (822):Watch this stock and if 816 is protecetd on downside, it will move to 840-850 today.

Intraday call performance 21/02/08

Market recovered first and as expected faced selling from higher levels exactly near my ressitance 5260 as it made a high of 5241 and came down crashing to test yesterday's low, but never broke that.Nifty atlast closed at 5192.Now that budget factor and also expiry factors will come into effect and stock trading will be more interesting with this much volatility

Stock watch for the day:

Bajaj Hindustan:This was given a sell call below 280 for target 268 and stock made 267 and then bounced back to 278 level

Following calls were given in yahoo messenger for clients:

IT WAS AN EXCELLENT PROFIT DAY FOR ALL MY CLIENTS

Short Nifty Futures around 5220 with stop 5236 and Nifty Futures made 5145 and told to exit

Buy Nifty Futures around 5075 with stop 5060 and Nifty Futures made 5150 and told to come out

Short Bajaj Hindutsan around 277 with stop 280.5 small stop loss and the stock made 266

Short Neyveli Lignite at 159 with stop 162 and the stock made 152.75

Short RNRL at 136 with stop 137.5 and the stock made 129

Short MARUTI around 778 with stop 784 and the stock made 754

Buy Bajaj Hindustan around 270 with stop 267.5...small stop loss and the stock made 277

Market Outlook 21/02/08

After being in negative zone yesterday nifty is expected to recover today along with positive asian markets.Yesterday FII's were net sellers with 266 crores.Today R-Group stocks has to be watched and recovery in them may pull up nifty also and if nifty moves above 5185, it will test 5220 strong resistance and if croses then again move towards 5260 first and then all round buying again.But, if nifty remains below 5175 it remains week and may test 5120 again and if breaks downside strong support exists at 5070.If opens week, lower level buying can come at supports.At higher levels, again selling will come today and only if opens too much gap up then only its complete pull back or else higher level selling will continue.

Stock watch for the day:

Bajaj Hindustan (270):Watch this stock at higher levels and if fails to cross 280, short it for tragets 268-262

Intraday call performance 20/02/08

World market weekness effected indian market also and nifty broke support at 5240 and directly came down to test strong support at 5140 and even broke that later on and made a low of 5116 and at the end closed at 5154 showing weekness in the market.

Stock watch for the day:

Bharti Tele:This was given a buy call above 894.But the call not initiated as the stock made a high of just 879

Following calls were given in yahoo messenger for clients:

Buy Sterilite technologies at 211 with stop 208 and it made just 214 and later told to come out at 209 with small loss

Buy PFC around 191 with stop loss 188.5 and the stock zoomed to make a high of 197

Buy OBC around 271 with stop 267.5 and the stock hit the stop loss

Buy Bharti Tele around 860 with stop 858 and the stock zoomed to 869

Market Outlook 20/02/08

It was allround buying yesterday which took nifty towards 5368 high and at the end gave up some gains it had in the morning to close at 5281.For today also trend is bullish only until nifty holds on to 5220 and 5140 styrongest supports on downside.Every dip is used for buying and nifty is heading towards major resistance of 5550-5600 level where selling is expected.For today, above 5300 it will again move towards 5350 first and then will aim for 5400 level and below 5300, nifty might slip to 5240 level, which should hold or else test of 5220-5200 is possible.Today even if there is lower opening, there will be buying coming at low.

Stock watch for the day:

Bharti Tele (889):Watch this stock above 893 and might blast upto 915-925

Intraday call performance 19/02/08

Market was in bullish trend today as expected and every dip was a perfect buy today as nifty made a high of 5368 and closed at 5280.Today voltility was absent like other days and only during the last hour of trading some selling came into the market.

Stock watch for the day:

AiDeccan:This was given a buy call above 182 for target 194 and the stock made a high of 191 falling short of 3 points from the target given.

Following calls were given in yahoo messenger for clients:

Buy Nifty Futures around 5325 with stop loss 5315...small stoop loss and nifty futures zoome dto 5368

Buy Bajaj Hindustan around 271 with 269 and the stock made 275

Short Aptec around 240 with stop 242...small stop loss and the stock made 236.8 and then went up to hit the stop loss

Short Maruti at 816 with stop 820...small stop loss and the stock made a low of 805

Market Outlook 19/02/08

Market is scaling higher and will continue for the time being and the trend is up.Yestedray nifty tested the strong support of 5350, but couldn't cross and today it may test again and possiblity of crossing 5350 is higher.Any dip will be a buy until 5220 is not broken and if 5220 gets broken, then still there is one more strong support at 5140.On upper side, if 5350 gets taken off, then we might see rally around 5400.Banking stocks may be in demand for today

Stock watch for the day:

Air Deccan (186):This stock has strong support at 182 and if held, this stock will move towards 194-200 today.

Intraday call performance 18/02/08

As told here, nifty faced resistance at exact 5350 and closed at 5277 and still above support at 5250, showing strength in the market.Today it was a boring day as whole day market was trading in a narrow range .In Coming days, trading will be very interesting as budget and exspiry things will come into action again.

Stock watch for the day:

Tisco:This was given a buy cal with stop loss 805 for target 845 and it made a high of 846-exact my target.

Following calls were given in yahoo messenger for clients:

Buy Nifty Futures around 5250 with stop 5235 and it made 5268

Short Nifty Futures around 5285 with stop 5300 and trade not initiated.

Short Bajaj Hind around 258 with stop 262.5 and the stock made 252

Short Essar Oil around 235 to 237.5 and the stock made 230

Buy RCom at 619 with stop 616 and made 621 and gave a call to cover at 618-619

Buy Tisco around 624 with stop 620...small risk buy and the stock made 828 and then hit stop loss

Short RCom around 618 with stop 623 and the stock made 609

Short Bajaj hindustan around 261 with stop 263...small stop loss...last call of the day..and the stock made 258 and then hit the stop loss...small loss

Market Outlook 18/02/08

Indian market has rebounded from 4800 level and now heading towards 5500 levels.Now trading might be also smooth on the upper side.For today, watch out for 5260 support on downside and on the upper side, nifty is heading towards 5350 first resistance and then 5400 level.

Stock watch for the day:

Tisco (818):Buy this stock with stop loss 805 for targets 835-845

Intraday call performance 15/02/08

After opening low, market started recoevring as expected and again it was a big move making a high of 5315 and closing alos well above 5260 resistance which is a good sign for the market.Nifty seems to be heading towards 5500 now.Coming day's will be interesting and will provide the answer.

Stock watch for the day:

RNRL:This was given a sell call below 135 for target 126 and the stock made a low of 127

Following calls were given in yahoo messenger for clients:

Short nifty futures arond 5265 with stopp loss 5285 and told to come out at 5258 in small profit

Short Nifty Futures now at 5285 stop 5295 and IT made 5260

Short Nifty Futures again at 5280 stop 5290...small stop loss and IT made 5256

Buy RCom around 600 with stop 593 and the stock made 619

Buy Union Bank around 195 with stop 192 and stock zoomed to 200 and told about stiff resistance at 201

Buy VSNL at 498 with stop 496 and the stock made 500 and told to come out at 499

Short VSNL at 500 with stop 503 and the stock made 496 and then hit small stop at 503

Short Tisco around 810 with stop 816 and the stock made 801 as target given was 800

Market Outlook 15/02/08

Nifty went on breaking all resistances and closed above 5200 all in one day and now close to two important resistances at 5260 and then 5350 and higher level selling might be seen after this big rally yesterday.For today, below 5260 nifty will face selling and on downside, it has supports at 5140 and then last and strong support at 5070.

Stock watch for the day:

RNRL (132): Watch this stock and failure to cross 135 will invite selling which might take it to 126-122 level again.

Intraday call performance 14/02/08

Today as expected market was very positive from the word go and broke all the resistances inbetween and went on to make a high of 5220 and also closed well above 5200 showing strength and the low recorded today was 4944 which was well above yesterday's close of 4929.

Stock watch for the day:

Tisco:This was givena buy call above 764 for target 780-785 and the stock made a high of 791

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 5135-5140 with stop loss 5160 and it fell to 5110 and told to come out

Short Bajaj Hindustan around 223 with stop 226 and the stock fell to 216.5 as the target was told 216

Buy Bank of India around 372 with stop 368 and when the stock made 374, told to cover the position

Short RNRL around 124 with stop loss 125.2 and the stock made 122 and then came up to hit the small stop loss at 125

Buy Bajaj Hindustan around 227 with stop 226 and it zoomed to 234

Buy RCom around 600 with stop 595 and the stock made 614.5 as the target given was 615

Market Outlook 14/02/08

Market is still moving in the same range between 4800-5000, not breaking on either side.Lower level buying and Higher level selling is witnessed everyday now.Time for long term still hasn't come as market is very volatile and not stable at the moment and might take some more day's to get the clear picture now.It looks like short time rally can extend upto 5100-5250 range.For today, nifty above 4930 will definitely test psychological resistance of 5000 and if crosses then might see 5045 strong resistance very heavy selling might witness again.On downside, below 5000 supports are at 4930 and then 4850.
Stock watch for the day:
Tisco (758):This stock is a buy above 764 for target 780-785.Lower level 744 is support for today.

Intraday call performance 13/02/08

Today as expected market was positive and even made a high of 4987 and higher level selling did come again as expected and nifty low was recorded at 4836, thus protecting 4800 for third consecutive day and closed at 4929.Tomorrow will be interesting to see whether nifty can cross psychological resistance at 5000 or not.

Stock watch for the day:

Developement Credit Bank (D.C.B):This was given a buy call above 98 for target 105-110 and the stock made a high of 106

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 4960 WITH stop 4981 and the stock made a low of 4960 and gave a call to cover between 4855-4865

Short RNRL around 124-125 stop 129 and stock made a low of 110

Buy Bajaj Hindustan around 237-238 with stop 234 and the stock made 241.5 and then hit stop loss

Short Tisco around 742 with stop loss 750 and stop loss hit

Buy Cairn India around 201 with stop 199 and stock zoomed to 206 and told to come out there.

Short Tisco around 764 with stop 767 and when the stock amdea low of 746, told to cover the position

Market Outlook13/02/08

Nifty has two important supports at 4800 and 4740 and till these supports are held trend is up.For today, it will move up towards 5930 first and then crossover 5950, allround buying might come.But 5930-5950 range is very strong resistance and there are possiblity of higher level selling again.So, play with caution in this volatile market.Yesterday DOW has ended in green and nifty also might move up and then face selling.
Stock watch for the day:
Developement Credit Bank (D.C.B): This stock is on the recovering edge now and one can buy this stock with stop loss 98 for targets 105 and 110.Below 98, it is not a buy.

Intraday call performance 12/02/08

Though 4800 support was not broken today, market witnessed a volatile day of trading and on the upper side it made a high of 4950 and the ending was at red again closing at 4838 and market was unsettled at high shows more weekness in the market.

Stock watch for the day:

EKC: This was given a buy call above 306 for target 322 and it just made 315
Following calls were given in yahoo messenger for clients:

Short Nifty Futures at 4860 with stop 4875 and it fell to 4851 and then hit stop loss

Buy Nifty Futures around 4890 stop 4875 and it made 4920

Short Bajaj Hindustan around 256 with stop 261 and stock made 236 within 10 minutes

Short NTPC around 192-193 with stop 196 and when it made 191, told to come out and later it made 182

Buy Satyam Computers at 420 with stop 418 and stock made just 421 and then hit stop

Buy VSNL around 464 with small stop at 460 and the stock zoomed to 472 and then hit stop loss

Market Outlook 12/02/08

It was a scary fall yesterday and as was saying in all these times, yesterday did turn out to be a big deciding day and nifty straight away made the lowof 4800 which was told a possibility last week.Now for today, 4800 will be strongest supporta nd below that one more support at 4740 and if these 2 supports are held, maybe bottom is made forbig upmove or if nifty breaks 4740, there might be one more panic and nifty might slide again to 4550-4600 straight.Watch out for 4800 on downside and if held, upmove might extend to 4890 and then 4930 level and above 4930 nifty might zoom again.If 4800 is broken anytime, then nifty might test 4740 which is the strongest support for today.

Stock watch for the day:

EKC: Above 306, EKC will target 322-324 today and below 306, it is not a buy.

Intraday call performance 11/02/08

As expected, today was a big drama when reliance power made an entry into the market and surisingly went even below the issue price and market sentiments went negative immediately breaking all supports to make a low of 4804 and again closed negative showing weekness still in the market.

Stock watch for the day:

Tisco: This was given a buy call only above 740 and once it started breaking support at 740, it made a low of 716 and high was recorded at 753

Following calls were given in yahoo messenger for clients:

Buy NIIT around 116 with stop 115...small stop loss and stock made 117.4 and then broke support of 115

Short Tisco around 740 with stop 746 for first target 720 and the stock made 716

Buy Air Deccan around 176 stop 174.5 and it made just 177 and when it came down told to cover at 176

Later call was given to exit all intraday positions as market was looking dangerous

Market Outlook 11/02/08

Atlast the big day of Reliance Power entry today.Nifty might recover above 5200 and if remains below 5200, it is still bearish.Overall market expected to be volatile again today.Watch the level of 5165 today and if nifty moves above that, buying might come heavily and nifty might even test 5260 resistance.Below 5100 nifty will again test 5025 first and if breaks then will be test of 4900 strong support.So, overall volatile day will be witnessed and if opening is strong, later selling might emerge and if opening is week, later buying will emerge.Watch the levels carefully and be carefull today. All power stocks might be in action today.

Stock watch for the day:

Tisco (751): Watch 740 support for tisco and if holds will start moving towards 776.

Intraday call performance 08/02/08

To Start with "Market Outlook"
Nifty went on breaking supports most part of the day and even tested the lower end support at 5000 as it made a low of 5034 and then at the fag started recovering and made a high od 5173 and closed at 5120.Now the big day on monday will be interesting as much awaited reliance power getting into the market.

Stock watch for the day:

RNRL:This was given a buy call above 153 for target 157-163 and the stock made a high of 157

Following calls were given in yahoo messenger for clients:

Short RCom around 638 stop 643 and stock made just 636 and then hit the stop loss...a small loss

Buy RCom around 640 stop 637...small stop loss and the stock made 647.5 and then came down

Buy Bajaj Hindustan at 219 with stop 217 and the stock zoomed to 230...A BIG PROFIT

Short Rolta around 287 with stop 289 and the stock made 282.8 and then went up

Short RCom around 646 stop 649 and stock made a low of 640.7 and then hit the stop loss

Short Tisco around 765 with stop loss 767 and the stock made 753...GOOD PROFIT

Buy Air Deccan at around 187 with stop loss 185 and the stock zoomed to 201...A BIG PROFIT

Market Outlook 08/02/08

After yesterday's volatile market and heeavy selling, there might be some recovery today from lower end.There might be gap dow opening or even gap up opening as market is very unpredictable today.But there will be some pull back from lower end for sure.If market continues from yesterday, then we got to look at lower end supports at 5080 and then 5000.On upper side, above 5200, look out for 5260 strong resistance again.However in these kinds of market taking overnight positions is very dangerous and only intraday is looking safer if one plays with ultimate caution without hurrying into trades.As i told you 11th of this month will be an interesting day because of reliance power entry.

Stock watch for the day:

RNRL (151): Watch this stock at supports 140-130 in case of gap down opening or else buy this above 153.6 for targets 157-163

Intraday call performance 07/02/08

To Start with "Market Outlook"

Nifty crashed today after remaining above 5300 for half of the day and then started falling and started breaking supports one by one and once it broke 5260 the fall was severe and made a low of 5114 and closed very week at 5133.Now onwards 5260 will be tough resistance on upper side amd game is set for reliance power entry now.

Stock watch for the day:

Tisco:This was given a sell call below 816 for target 776 and the stock made a high of 814.6 and low of 765.

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 5335 stop 5350 and it made 5255..but told to cover at 5260..HUGE PROFIT

Buy Nifty Futures at 5150 stop 5135 and told to cover at 5165

Buy EKC around 325 with stop loss 321 and the stock made 334

Short NDTV around 414-415 with stop loss 416.5 and stop loss hit...so, small loss

Buy NTPC at 215 now stop 213 and stock made 216.8 and then hit stop loss

Buy RCom around 656 stop 650 made 666 and told to exit Buy Bajaj Hindustan around 226 stop 223 MADE 231 and told to exit

Market Outlook 07/02/08

Reliance power is entering the market on 11th of this month and everybody is anxiously waiting for that day and what is in store for the market during that time now is interesting and there seems to be lot of market manipulation going on.Yesterday market was very volatile and opened week and at the end saw some buying and for today also trend seems to be week only and if opens high, there might be selling at higher levels and if opens low, buying might come at lower end.Till 11th of this month this trend might continue without giving any clear direction for the market.Anyhow, for today watch for 5365 trend and if starts moving above that will target 5415 on upper side and selling might come here.If nifty stays below 5365, then it will move down towards 5300 first and then below that will test 5260 again.

Stock watch for the day:

Tisco (799): Watch this stock on the upper side and if fails to cross 816 will face selling and will come down towards 788 first and then 776

Intraday call performance 06/02/08

To Start with "Market Outlook"
As expected market opened very week below 5300 and was facing selling at evry raise till the last hour and at the end some buying came to pull the nifty up to 5363 from a low of 5257.Although market ending is again dissppointing as it closed at 5322-well below 5350 resistance

Stock watch for the day:

PSL Holding: This was given a sell call below 412 for target 390-385 and the stock made a high of 403 and low of 390

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 5320-5325 stop 5335....keep small stop loss and nifty futures made 5297

Buy EKC around 319 with stop loss 316 and the stock zoomed to make a high of 337...super duper profit

Buy NTPC around 216 stop 213.5.....keep small stop loss and stock made 218 and when it came down told to cover at 216-217

Buy Indian Oversies Bank now at around 180 stop 177 and stock made 184.3

06/02/08

Market is facing selling pressure at every high and on downside 5400 is still protected.Today there might be one more attempt to break 5400 as yesterday and if succeeds in breaking will move towards 5350 first.On upside, above 5465, watch out for 5510 and 5550.Overall an interesting day of trading today.

Stock watch for the day:

PSL Holding (400): Watch this stock and if not able to cross 412, will face selling and will target 390-385 on downside.

Intraday call performance 05/02/08

To Start with "Market Outlook"

Global cues were negative today and so nifty was range bound today trading in a narrow range and made a high of just 5500 and low of 5412 and still protecting 5400 on lower side shwoing strength on bullish side.Next 2-3 days of trading will be important for the market now.

Stock watch for the day:

RCom: This was given a buy call with stop loss 675 for target 710 and stock made a high of 705 and then started falling down and even made a low of 665

Following calls were given in yahoo messenger for clients:

Today my first call on nifty service started with good profit

Short Nifty Futures around 5470-5475 stop 5490 and nifty futures made 5425

Short Reliance Energy around 2035 with stop 2045 and the stock made 2031 and then hit the stop loss

Short Bajaj Hindustan around 226 with stop 228.2 and stock made 223.8

Short Welspun Gujarath around 476 stop 479 and the stock made 472.5 and then hit stop loss

Buy RCom at around 668 with stop 660 and the stock zoomd to make a high of 688

Market Outlook 05/02/08

Market is in bullish mode as long as it trades above 5400 now and will face selling at higher levels.Today there are chances of breaking 5400 and maybe will test 5350 again.For today, if nifty gets past 5500, then watch out for 5560 strong resistance where selling might come again and if nifty gets past 5560, then 5600 has to be watched again.On downside,if 5400 is broken, 5350 will be tested.

Stock watch for the day:

RCom (686): This stock is in bullish trend and if remain above 675, it will hit 695-710.

Intraday call performance 04/02/08

To Start with "Market Outlook"

Nifty opened positive as expected and nifty blasted crossing heavy resistance at 5485 and made a high of 5545 and at the end lost soem points and ended in green at 5463 well above 5450.Now, coming days will be interesting to see whether nifty can cross crucial resistance on the upperside at 5600-5630 or not.

Stock watch for the day:

Today was a very good trading day for my clients

Tisco: This was given a buy call with stop loss 762 for target 795 and the stock zoomed to amke a high of 817

Following calls were given in yahoo messenger for clients:

Short Bank of India around 382 stop 387 and stock came down to hit 372

Short Parsvanath Developers around 283 stop 286.3 and stock came down to hit 276 and then hit stop loss

Buy Aptec around 265 stop 261 and stock zoomed to 274

Buy Maruti around 918 stop 914 for targets 938-945 and the stock made 920 and then when it came down to 917, told to come out with small loss.

Market Outlook 04/02/08

Market has started moving up after expiry and for today, if nifty moves above 5350 it will be test of 5420 and if crosses 5420, then resistance will come around 5485 for today.On downside, below 5350 nifty will test 5230 support.Overall, eventhough market seems to be good for today, selling might come if 5420 is not crossed or even when nifty breaks 5350 after moving up anytime.But, if nifty remains above 5420 heavy buying might take it near 5485.

Stock watch for the day:

Tisco (776): Pick this stock at dips with stop 762 for targets 790-795

Investors and traders.....who is more benifitted ?

These day's stock market investing has become a passion for most number of people and number of students getting into stock market also have increased.It is not only students here..but, housewife's, retired people, working employees....all have come to this place to earn some good money.There are investors who dump a large amount of money into their favourite stocks and holding on to a large amount of time and maybe even for 20 years and many even suffer big losses also when the company price goes down and never goes upto their expectations and sometimes not even to their buying level.In this kind of volatility, holding on to a particular stock for a longer period of time-what we call "Investing" maynot be that beneficial and those who take advantage of holding on to shares for short time -what we call "Trading" is more benifitted.This is the time for fast money and gone are the day's of holding on to anything for long period of time.people say investing is more wiser, but i say in this time-"TRADING IS MORE WISER".

Intraday calls performance 01/02/08

To Start with "Market Outlook"

Nifty opened low and was trading in negative range for most part of the morning time and as told here, tested the lower side strong support of 5080 by making a low of 5090 and first bullishness came when it crossed 5200 and once it crossed that level, it never turned back and made a high of 5340 and ended in green by closing at 5317

Stock watch for the day:

Welspun Gujarath: This was given a buy call with stop loss 467 for target of 490 and the stock made a high of 495 and then came down

Following calls were given in yahoo messenger for clients:

Today was a great day of big profits for my clients

Short Suzlon around 315 with stop 319 made 306

Short Indian Oil around 495 with stop 501....small stop loss and stock made 484

Short BPCL around 363 stop 368 and stock made 354

Short DLF at 805 stop 807....small stop loss remember and stock made 800 and then hit stop

Short BPCL again now at 360 stop 361.5 and the stock made 358 and then hit stop...small loss

Short UTV Software at 865 stop 872 and stock made 855.5

Market Outlook 01/02/08

Atlast, expiry is over and today is the starting of new month and nifty seems to be consolidating here and within 2-3 day's it may settle down in a range.Asian markets are trading high and indian markets also might take a cue and move upwards.For today, nifty above 5200 will test 5255 and above that might be very positive till 5300 and then only if crosses 5300, it will be retest of 5350.On downside, below 5130 it will retest support at 5080.

Stock watch for the day:

Welspun Gujarath (473): If this remains above 467, its target is 485-490 today.Below 467, it is not a buy.