Wednesday, November 28, 2007

Intraday call performance 28/11/07

28/11/07
Although nifty started with upward movement and resisted exactly at my resistance point and was trading in a narrow range for the whole day, it gave up its gain and closed down below its big support at 5630.This is all because of expiry of this month.Tomorrow will be a very volatile day.

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

INFOSYS: This stock as expected moved upwards and got past 1590 and couldn't cross 1600 and once it broke 1590, it directly fell to 1560 as told and made low of 1557 and closed at 1569

SAIL: As told, it made a high of 270 and also as it broke 260, it went down as expected and made a low of 249

Following calls given in yahoo messenger for clients:

Buy IDBI at 169 stop 166 and stock zoomed to 172.5

Buy IDFC at 210 with small stop loss at 209 and stock hit stop loss...small loss

Buy G.E SHIPPING at 494 stop 490 and stock zoomed to 507.5

Buy IDFC at 205 now stop 204.5 and stock zoomed to 208 and told to come out

Buy Essar Oil at 214 stop 212 and stock zoomed to 215.5 and when it came down later..told to cover at 214.7

Market outlook for 28th November

28/11/07

Although market is very volatile ahead of expiry and week world markets, it is still not showing major weekness till now.For today, 5750 will be major resistance and above that nifty will fly and might hit 5785-5800 also-the final ressitance.Below 5750, nifty will remain week and 5630 will be major support on downside.Volatility will be too much for another 2,3 day's.Market recovery is possible today.Watch the levels mentioned above.

Stock watch for the day:

Infosys: Dollar improving and there are scopes of upmovement for today.Watch this stock when it moves upto 1590 and above that might test 1610 strong resistance and if still doesn't cross 1590, then weekness will continue.So, watch for 1590 resistance.Downside 1560 will be support.

SAIL: This stock has major support at 260 and if it holds on to 260, it will move upto 270-275 today.Downside, if 260 is taken off we might see 255.

Tuesday, November 27, 2007

Intraday call performance 27/11/07

27/11/07

Market was very volatile and nifty closed just around 5700 and expiry is bringing in lots of volatility now and this is expected to continue for another 2,3 day's.

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

INFOSYS: This stock as expected made a little raise and failed to cross 1600 and tested 1565 and made a low of 1560

Following calls given in yahoo messenger for clients:

Buy SCI at 236 stop 234.5 and stock zoomed to 249.7

Buy SAIL at 266 stop 263 and sail zoome dto 272.5

GE Shipping looking good ...will blast above 480 and target given for buy was 490-493 and stock zoomed to 502

Market Outlook for 27/11/07

27/11/07
Market Outlook

Nifty as expected continued its upward journey and even though found some selling at higher end, still ended in positive mode only.For today, market will be positive again and will be interesting to see whether it can cross 5810 and if crosses, then it might be one side movement today and if doesn't cross , again higher level selling will come.

Stock watch for the day:

Infosys: Eventhough this stock has shown some recovery, it is still below its strong resistance level at 1610 and if doesn't cross 1610, it will come down after initial raise and 1565 might be tested again on down side if 1610 is not taken off.

Monday, November 26, 2007

Intraday Call performance 26/11/07

24/11/07

Today as expected market remained positive and made a high of 5772 and also selling was seen at higher level.But in the end, nifty closed in green again.

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

NTPC :This was given a clear buy call for the target of 245 with stop 235 and stock reached teh target making a high of 244

RPL: This was again given a buy call with stop for target 220 and stock almost reached the target making a high of 218.5

Following calls given in yahoo messenger for clients:

SHORT IDFC AT 193 with stop 195 and stop loss hit

BUY EVERON SIYSTEMS AT 495 STOP 492 and stock zoomed to 510

Buy PFC at 247 stop 245 and stock came down to hit stop loss

BUY IDFC at 196 stop 194 and stock zoomed to 197.5 and when it came down to 197, told to come out

SHORT RCOM AT 689 STOP 695 AND STOCK CAME DOWN TO 682

Buy Crompton Greeves at 414 with stop 410...small stop and stock zoomed to 442

Market outlook for 26th November

26/11/07
Market Outlook
Nifty ended in green and will continue its upward journey today also crossing 5630 and second half will be interesting again as selling is expected with resistance around 5720 level.Higher opening also might be witnessed.This time around, if 6000 is not crossed in coming day's nifty might come down till 5200 very ehavilya nd next 2,3 day's will be very interesting to watch and it all looks like manipulation again and remains to be seen wether bulls wil take over 600 or bears take down to 5200..!

Stock watch for the day:

NTPC:Watch this power stock...if it remains above 235, it will blast to 245 as first target today and below 235, 230 is strongest support

RPL-This stock looks to be set into buy mode for today and holding on to 205 support, it will move to 215-220 today itself. Buy only if 205 is held.

Saturday, November 24, 2007

Regulators should anticipate problems - SEBI

NEW DELHI (Reuters) - Asian economies need to improve regulatory processes and implement better risk management systems to anticipate problems and deal with volatile capital flows, India's stock market regulator said on Friday.
Regulators needed to identify potential risks and address them rather than merely react to events, Securities and Exchange Board of India (SEBI) Chairman M. Damodaran said at a conference of securities analysts.
"We need to put in place systems anticipating problems rather than respond to them inadequately and in delayed fashion after a problem has overtaken us," he said, adding foreign investors chasing higher returns could quickly abandon Asian markets if returns fell.
"That will impact on volatility in our markets. That will impact on our ability to cope with inflows that are large and sometimes outflows that are even larger," he said.
Last month, SEBI tightened investment rules for unregistered foreigners. Damodaran said then that SEBI wanted inflows to be transparent, while the finance minister said it was to moderate inflows.
"Regulators can no longer afford in our markets to play black pieces in the game of chess ... We need to occasionally make first moves as people with white pieces do," he said.
Damodaran said regulators also needed to protect investors by making sure investment analysts disclosed commissions and other payments as well as possible conflicts of interests to investors.
"Today investors in many of our markets are blissfully unaware of what conflicts of interest can hurt them," he said.
Last month, SEBI sought public comment on a draft proposal on regulating investment advisers that covered issues such as registration and disclosures of all commissions and rewards received for recommended investments.

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