Intraday call performance 01/01/08

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

Nifty as expected was very positive above 6110, but participation was not much today and also volatility was very less as compared to last 2 weeks.Nifty made a high of 6165 and a low of 6110- exactly at my support level.Anyways, till 6110 is held, trend will be on upper side only.

Stock watch for the day:
Mosaer Baer:This was given a buy call above 300 for target 320 and the stock just made a high of 312

Following calls were given in yahoo messenger for clients:

Perfect opening for New-Year 2008 to all my clients today...enjoying blasting calls

Short Idea Cellular around 140 stop 141.2 and stock fell to 135.2

Buy NTPC around 249 stop 244 and stock made a high of 260

Buy PBA Infra Structure at around 172 STOP 170 and stock went up to 175.5

Buy CESC around 631 stop 626 and stock zoomed to 640.5

Market Outlook 01/01/08

New-Year trading today might be very bullish if 6110 is protected and it looks as if nifty is clearly heading for 6300-6400 now.Anyways, for today 6100 will be major support and on upper side, resistance will be around 6180 and then 6200 and below 6100, strong support is at 6065.Yesterday nifty clearly broke the strong resistance and moved on upper side and turned bullish and if this momentum is maintained today also, nifty will head towards new high now onwards.
Stock watch for the day:

Mosaer Baer (308):This stock has a great support at 300 and moving upwards it is targeting 320-325 today itself.