Intraday Call Perormance 30/12/08

Market close higher after initial range bound trade

Nifty started trading higher today above 2950 and was trading range bound for most part of the day and then late afternoon Reliance Industries as usual lifted the market to take nifty near and then at the close, Nifty closed at 2979, up 57 points from the previous close.The market breadth was positive with advances at 886 against declines of 307 on the NSE. Top Nifty gainers included Satyam Computers, Idea and RCom and losers includes Tata Steel Grasim and RPL.

Following calls were given in yahoo messenger for clients:

Buy Nifty Futures around 2915 with stop loss 2900 for target 2950-2980 and it made 3012....Super Duper Profit

Buy SBI around 1264 with stop loss 1252 for target 1285-1305 and it made 1308....Super Duper Profit

Buy Sterlite Industries around 259 with stop loss 254 for target 268-274 and it made 268....Super Profit

Buy RCom around 216 with stop loss 215 for target 225-234 and it hit 214.5 and then it made 231....SHEER BAD LUCK

Short HDIL around 134 with stop loss 135.8 for target 130-126 and it made 132.5 and then went up to hit the stop loss

Intraday call performance 29/12/08

Market closing positive after initial weekness

Market started very weak today with nifty staying below 2850 mark for almost till mid-afternoon and then some positive global cues nifty started moving above 2850 to make a high of 2932 and banking, metal , oil and gas stocks helped the index to climb.The market breadth was positive with advances at 679 against declines of 512 on the NSE.Top nifty gainers included Sail, Satyam Computers and Cairn and losers included Tata Power, Maruti and Tata Motors.

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 2845-2855 with strict stop loss of 2870 for target 2810 and it made 2817....Good Profit

Buy DLF around 264-265 for target 275 and it made 274....Super Profit

Short Tata Steel around 207 with stop loss 209.5 for target 200 and it made 203....Good Profit

Short SBI around 1223 with stop loss 1238 for target 1200-1185 and it made 1210 and then hit the stop loss

Short ICICI around 424 with stop loss 428 for target 415 and it made 416.9....Good Profit

Short Tisco around 216 with stop loss 218.2 for target 210 and it made 211.8....Good Profit

Intraday call performance 26/12/08

Market crashing post expiry...!

The market opened above 2900 and was trading in strong resistance zone of 2960 till afternoon and also because of Reliance Industries holding the index and then started sliding in afternoon session along with Reliance Industries and later on crashed to make a low of 2845.Thus market ended weak at 2857, downdown 59 points from the previous close.There was selling in banking, IT and realty space. The market breadth was negative with advances at 339 against declines of 859 on the NSE.Top nifty gainers included RPL, Maruti and Nalco and losers included Reliance Industries, DLF and Nalco.

Following calls were given in yahoo messenger for clients

Clients enjoyed huge profits today

Short Nifty Futures around 2965 with stop loss 2975 for target 2940-2910 and it made 2856....SUPER DUPER PROFIT

Short DLF around 302 with stop loss 303.65 for target 295-289-283 and it made 274....SUPER DUPER PROFIT

Short Reliance around around 1270 with stop loss 1282 for target 1240-210 and it made 1204....SUPER DUPER PROFIT

Short Kotak Bank around 361-362 with stop loss 366 for target 350-343 and it made 335.....SUPER DUPER PROFIT

Buy Axis Bank around 502 with stop loss 497 for target 523 and it made 511....Average Profit

Short HDIL at 136.4 with stop loss 137.45 for target 132-125 and it made 125....SUPER DUPER PROFIT

Intraday call performance 24/12/08

Market closing weak on expiry day
Market opened weak below 2960 strong support and made a low near 2900 and also due to expiry market closed weak around 2900.Realty and auto stocks saw selling pressure.Nifty closed at 2916, down 51 points from the previous close.The market breadth was negative with advances at 368 against declines of 850 on the NSE.Market mover Reliance Industries was very weak today making a low of 1230 today from yesterday's close of 1259.Today's nift gainers included ICICI Bank, BPCL and Suzlon and losers included Reliance Industries, Unitec, Tata Motors and HCL Technologies.

Following calls were given in yahoo messenger for clients

Short Nifty Futures around 2955 with stop loss 2970 for target 2920 and it made 2917

Short HDIL around 141-142 with stop loss 143.5 for target 136-133-129 and it made 128....SUPER DUPER PROFIT

Short Reliance Capital around 537 with stop loss 544.5 for target 525 and it made 528....GOOD PROFIT

Short ICICI Bank around 435 with stop loss 441.3 for target 415 and it just made 429 and then hit the stop loss

Short DLF around 292 with stop loss 294.5 for target 284 and it made 287....GOOD PROFIT

Intraday call performance 23/12/08

Market closing week at supports
Market opened weak today and then straight away below 3100 and closed near huge support area. NIfty closed at 2968, down 70 points from the previous close.The market breadth was negative with advances at 217 against declines of 1041 on the NSE.Reliance as usual played key role here as expected in dragging the market down and near support area now.Top nifty gainers included Rcom, Hero Honda and losers included Satyam, Unitec and Tata Motors.

Following calls were given in yahoo messenger for clients

Short Nifty Futures around 3010-3015 with stop loss 3030 for target 2975-2960 and it made 2960....SUPER DUPER PROFIT

Short RCom around 217 with stop loss 220.5 for target 211-206 and it made 212....SUPER DUPER PROFIT

Short Reliance around 1273 with stop loss 1278 for target 1250 and it made just 1260 and then made 1278.5 and hit 1246..sheer bad luck

Short DLF near 312 with stop loss 313.5 for target 306-300 and it just made 313.8 and crashed to 297....sheer bad luck

Buy SBI around 1254 with stop loss 1248 for target 1275 and it made just 1267

Short ICICI Bank around 444-445 with stop loss 450.5 for target 428-415 and it made 418........SUPER DUPER PROFIT

Short TCS at 498 with stop loss 505 for target 485 and it hit the stop loss

Intraday call Performance 22/12/08

Volatile market ending weak

Market opened high above yesterday's close and was trading well above till mid afternoon and then late afternoon started sliding towards 3000 and close at 3039, down 38 points from the previous close.The market breadth was positive with advances at 554 against declines of 686 on the NSE.Top nifty gainers included Tata Motors, Cairn, Suzlon and losers included Reliance Industries, Icici Bank etc

Following calls were given in yahoo messenger for clients
.
Short Nifty Futures around 3100 stop 3125 for target 3075-3050 and it made 3070....Super Duper Profit

Short ITC around 178 stop 179.6 for target 174-171 and it hit the stop loss

Short Icici Bank around 464 stop 468.5 for target 455-445 and it made 442....Super Duper Profit

Short SBI around 1310 stop 1324 for target 1285-1260 and it made 1265....Super Duper Profit

Short DLF around 323 stop 325 for target 316-310 and it made 316.5....Good Profit

Market Outlook 15/12/08

Nifty very volatile around 2900 odd..!!

On friday, trading was very volatile and today it may show some direction and Reliance Industries as alway's will be key figure today also.On global front, The Dow Jones industrial average rose 64.59 points to end at 8,629.68.In the latest in the U.S. automakers' attempt to secure a financial rescue, the White House said it could be willing to provide emergency funding to the struggling auto industry, the day after Congress failed to approve a deal.Volume was low on the New York Stock Exchange, with about 1.44 billion shares changing hands, below last year's estimated daily average of roughly 1.90 billion.For today, in indian market nifty will face first resistance around 3950 and if gets past that it will move towards 3980 big resistance where selling will come heavily and on downside, nifty will move towards 2900 first and then 2870 will be tested again and remain below that for sometime, total weekness will come to the market.

Intraday Call performance 12/12/08

Day of Reliance Industries moving the market..!

It was a volatile day of trading today as nifty though opened below 2900 and hit 2812 as given here, Reliance Industries again lifted the market and made nifty to close at 2921, up 1 point from the previous close.Till afternoon , market was down and then R-Group took charge of the market to take it up above 2900 again even with poor IIP numbers and failed US auto bailout package shows the kind of magic R-Group can do to the market.The market breadth was positive with advances at 847 against declines of 387 on the NSE.Top Nifty gainers included DLF, Reliance Industries, BPCL and Suzlon and losers included Nalco, TCS and Wipro.

Following calls were given in yahoo messenger for clients

Short Nifty Futures around 2840 with stop loss 2850 for target 2820-2785 and it made 2801....VERY GOOD PROFIT

Buy Reliance Power around 116 with stop loss 114.3 for target 119-124 and it hit the stop loss

Buy Reliance at 1236 with stop loss 1226 for target 1275 and it made 1292....VERY GOOD PROFIT

Short Satyam at 219 with stop loss 223 for target 212-208 and it made 215....GOOD PROFIT

Short Reliance around 1285 with stop loss 1292 for target 1255-1230 and it made 1260....VERY GOOD PROFIT

Market Outlook 12/12/08

Market looks tired and on the verge of breaking

Due to system failure, calls were not given to clients yesterday..i regret..

It was a very small movement day for nifty for most part of the day yesterday with bias being negative and only Reliance at the end pulled the market up at close.On global scenario,
The Dow Jones industrial average fell 196.33 to 8,565.09 as.investors grew fearful that a bill to rescue the companies wouldn't make it through the Senate.The heads of the three automakers said that even one of the companies going into bankruptcy would slam an already battered economy with thousands of job losses.The dollar was mostly lower against most other major currencies, while gold rose. Light, sweet crude jumped $4.46 to settle at $47.98 a barrel on the New York Mercantile Exchange.Bank of America Corp. said Thursday it expects to cut 30,000 to 35,000 jobs over the next three years, as it faces a deteriorating economic environment and tries to absorb Merrill Lynch & Co.The company and Merrill have about 308,000 employees in total, and the cuts will affect workers from both companies and all types of businesses.In indian market today, nifty will face tough resistance at 2950 and then 2985 where heavy selling is expected again.Downside, nifty spot is having strong support at 2870 and if nifty stays below 2870 with volume for sometime, it will crash to 2850 and then 2800 today.Today's opening and closing is very important.

Market Outlook 11/12/08

Watch out for higher level selling now

Nifty has zoomed past 2900 and ended very positive and for today corrections wil come from higher levels and be cautious in gap up opening if any.On global scenario, The Dow Jones industrial average rose 70.09 to 8,761.42.he dollar was lower against most other major currencies, which helped feed the rally in commodities.Democrats in Congress and the White House finalized an agreement on $14 billion in loans for Detroit's struggling car companies. However, the plan negotiated by the White House is being opposed by a group of conservatives.That fed worries that other financial houses might be facing their own troubles after placing wrong bets in the unforgiving markets in recent months. The concerns rippled through financial services stocks, causing banks including Citigroup Inc. to give up early gains.In indian market today, if nifty gets past 2950, it will face heavy resistance around 2985 and then 3005 where heavy selling will come.On downside, major support is at 2870 and break of that will invite severe selling till 2835-2790.Watch out for action day today.

Intraday Call Performance 10/12/08

Market closing very bullish above 2900..!!

It was a gap up opening in indian market today above 2800 and as told never came down below 2800 till afternnon when it came down to test its support of 2870 for a brief period and once it pulled up again it never looked back to make a high of 2940 and closing at 2928- up 144 points from the previous close mainly due to positive vote for an auto package by the US Congress.Reliance Industries took the initiative in taking the market up above 2900 today.The market breadth was positive with advances at 847 against declines of 369 on the NSE. Top Nifty gainers were Reliance Industries, DLF, Sail and Tata Steel.

Following calls were given in yahoo messenger for clients:

Buy Nifty Futures around 2870 with stop loss 2845 for target 2920 and it made 2922....SUPERB PROFIT

Short Nifty Futures around 2925 with stop loss 2942 for target 2890 and it made 2880....SUPERB PROFIT

Buy DLF around 228 with stop loss 225 for target 236-242-255 and it made 288....SUPER DUPER PROFIT

Short ACC around 450 with stop loss 452.2 for target 440 and it just made 445 and then hit the stop loss

Short Bank Of India around 251 with stop loss 253.5 for target 244-240 and it made 246.4

Market Outlook 10/12/08

Uncertainity in the market movements

Market witnessed choppy movements on monday and facing pressure at higher ends.On global scenario, DOW jones has crashed 242.85 to close at 8691.33 showing uncertainty prevailing in the market.In indian market today, if nifty gets past 2800, it will again test 2850 resistance and if stays above 2850 with volume, then chances of hitting 2900 is bright.But higher level uncertainity is still continuing here also.If nifty stays below 2800, it will first test 2740 support and then 2675 and if breaks 2675 any time, it may go to 2600 staright...! Overall an interesting day of trading today as market also resuming after a day's holiday.

Intraday call performance 08/12/08

Market feeling pressure at higher ends..!

As expected, market started bullish and even made a high of 2861, but higher end selling came in again to take nifty towards 2784 at close., up 69 points from the previous close.Though nifty started off very well opening gap up above 2800 and even zoomed to go past 2850, it just couldn't sustain above 2800 and in closing hours came down towards 2770.Top Nifty gainers included DLF, TATA STEEL and CAIRN while losers included BPCL, MAHINDRA & MAHINDRA and SATYAM.

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 2810 stop 2822 for target 2775 and it made 2782....GOOD PROFIT

Short DLF at 220 stop 222.2 for target 214-207 and it made 210....GOOD PROFIT

Short ICICI Bank around 377 stop 383.2 for target 367-359 and it just made 366....GOOD PROFIT

Market Outlook 08/12/08

Market loooking bullish from lower levels

On friday, though nifty zoomed past 2800 it couldn't sustain above that and came down and closed near 2700.On global scenario, things are positive and indian market also might take cues from global market and start moving up again today.DOW has closed the day at 8635.42 on friday-up by 259.18 points.For today, nifty above 2720 will move towards 2780-2820 (strong resistance) again.Below 2700, strong support exists at 2675.So, untill 2675 is saved market is bullish only and any move above 2845 will take nifty towards 2900 straight.Tomorrow being a trading holiday, some volatility may be expected in the indian market today.Be cautious at higher levels today.

NOTICE-02/12/08

REGULAR UPDATION OF THE STOCK MARKET WILL RESUME FROM 7/12/08.SORRY FOR THE INCONVENIENCE