Intraday call performance 04/01/08

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

Nifty opened on a high note and remained in bullish mode throught the day and as expected and told here- on crossover 6240 , nifty zoomed to 6300.Now onwards nifty movements will be more interesting as it reached major hurdle zone of 6300-6400.

Stock watch for the day:

Viceroy Hotels: This was given a buy call with stop 130 for target 138 and the stock made a high of 136

Following calls were given in yahoo messenger for clients:

Good day for trading for all my clients as they made very good profits today

Buy Neyveli around 267 stop loss 263 and it amde a high of 272

Short Heg around 560-562 stop 570 and it made a low of 517.....A big profit as told in the begining itself

Short JK cement around 214.5 stop 216 and it made a low of 207....A very good profit

Buy Euro Ceramics at around 253 stop 251...small stop...don't worry and it made 254 and told to come out at 254 as it was showing signs of weekness.

Market Outlook 04/01/08

Nifty ended in the same range as day before and unless 6110 is broken it is buy at dips only.On upper side, there is a stiff resistance around 6240- crossover can fire even to 6280-6300 today itself.Interesting day for nifty as there might also be selling coming at higher end because of week ending.Downside, watch out for 6140 and 6110 supports.

Stock watch for the day:

Viceroy Hotels (132):Watch this stock and if 130 is not broken today it will move towards 138-142 today.Only above 130