Thursday, November 22, 2007

Intraday Call performance 22/11/07

22/11/07

Again it was a very volatile day today and as expected and told in "Market Outlook".Nifty broke 5470 support and made a low of 5390 level and then recovered and closed around 5600 level.

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

Infosys: This was a clear sell call given below 1560 for target of 1520 and as told, infosys did make a low of 1517

Following calls given in yahoo messenger for clients:

Short Reliance Capital at 2190 stop 2212 and stop loss hit and minor loss

Short Century Textiles at 1080 stop 1085 and fell to 1070 and hit stop loss...small loss

Short Infosys at 1550 stop 1560...and stock made a low of 1517 till now

Short Reliance Capital at 2240 stop 2256 and the stock fell to 2155 and told to come out..big profit

Short Everon Systems at 472 with stop 480 and stock fell from 468 and made low of 460 and first target given was 455

Short Reliance Capital 2265 stop 2295 and stock fell to 2250 and then came up to the hit stop loss

Market outlook for 22nd November

22/11/07

Market Outlook

Just look at yesterday's "Market Outlook" and see what i said and now on downside 5470 will be last and strong support and if held will move upwards and this time all chances of breaking 5470 is high and if breaks, then in coming day's nifty will move towards 5200 level.For today, on upper side, first resistance will come around 5630 and if gest past, then 5660 will be strong resistance and higher level selling is expected again.Watch out for the opening.

Stock watch for the day:

Infosys Technology: This stock is at crucial level and if stays below 1560, it will definitely test 1530-1520 level today itself.On upperside, above 1560 there might be some recovery upto 1585 level and above that strong resistance will be at 1610

Wednesday, November 21, 2007

Today's Intraday blasting call performance- 21/11/07

21/11/07

I had clearly given in the "Market Outlook" that break of 5750 will be panic upto 5660 and if breaks 5660, then straight to 5500 and nifty did collapse and made a low of 5530 and what more can one ask for..!

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

RCOM-I had given a short call on RCOM below 710 for target 685 and stock made a low of 675

Following calls given in yahoo messenger for clients:

Today was again a big profit making day for my clients

Buy SRF at 167 stop 162 for target 173-175 and stock zoomed to 173

Short Aptech at 395 STOP 396.5 and stock fell from 394.5 to 375

Short Reliance Capital at 2265 stop 2280 and stock made a low of 2251 and hit the stop loss

Short Reliance Capital at AT 2285 stop 2310 and stock fell to 2260 and told to come out

Watch Aptec and Buy at 389 and stock zoomed to 397

Buy Gail at 430 stop 426 and stock went upto 432 and when it came down to 428, told to come out with less loss

Short Reliance Capital at 2242 stop 2250 and stock fell to 2175

Short Reliance Capital again at 2200 stop 2216 and stock fell to 2150

Market Outlook for 21/11/07

21/11/07

Market Outlook
As expected, nifty crashed and fell to 5750 level which is again a minor support now and if not broken, market will remain positive today.I had told before that monday will be trend decider and it proved out to be as nifty failed to cross 6000 on monday.Today, nifty will pull up a bit and higher level selling will come again around 5830-5860 and if moves above 5860, over all buying will come again.As nifty is showing multiple resistances around 5950-6000 range show's how strong 6000 reisistance is now and anytime nifty crosses 6012, we are in for another 250-300 points upside in nifty.Till then enjoy the volatility.Now, below 5750 support, nifty has one more support at 5660 range and break below that may be straight to 5500.Let's see how the things will turn out here onwards.

Stock watch for the day:

Rcom- This stock is showing some weekness since some day's now and today if it starts falling below 710, it will fall towards 695-685 and remain above 710, it will move near to 727 which is the toughest resistance to cross today and if crosses, then might blast to 736-743

Tuesday, November 20, 2007

Great day of trading ..intraday Call Updates 20/11/07

20/11/07

As told in the "Market Outlook", Nifty broke 5860 and made a low of 5756.Nifty opening itself was down and the trend continued till the end.

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

Infosys Technology: This was a clear sell and target given was 1580 as first target and this IT major made a low of 1551

Following calls given in yahoo messenger for clients:

Today was really a great day for all my clients

Short Neyveli Lignite AT 211-212 STOP 212.5 and fell to 205 and then went upto hit 712.5

Short RPL AT 216 STOP 221.5 and stock fell to 207.3

Short SBI at 2340-2345 range stop 2365 and SBI came down to hit 2270

Buy NIIT at 249-250 range stop 245 and it went upto 251 and when it came down to 250, told to come out with no profit -No loss

Short RCOM AT 721 STOP 725 and stop loss hit

Short RCOM again at 723 stop 728 for targets 710-700 and stock came down to 705

Short Neyveli Liginite at 213 stop 215.5 and stock came down to 207.5

Market outlook for 20th November

20/11/07

Nifty still below 6000 and till it crosses 6000, it is sell at raise only and today nifty looks all set to break 5860 on downside which will drag nifty to lower level in comnig day's for sure as 5860 is important support for nifty.Opening will be very crucial for today and might as well decide the trend for the day.Allround buying might start only if nifty zooms past 6012 level.

Stock watch for the day:

Infosys Technology: This IT major is at the crucial point now and Just 10 points away from 1 year low and if slides below 1610, will target 1580 on downside.On upper side 1630 level has to be watched.Above 1630, some buying might come.

Monday, November 19, 2007

Intraday call performance 19/11/07

19/11/07

Nifty still not able to cross 6000 today and now it looks a worrying factor and any slide below 5850 might confirm of downtrend for sure and for uptrend nifty has to cross 5600.

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

Bharti Tele: Given a buy call with stop 904 for target 937 reached the targeta nd made a high of 943 today

Following calls given in yahoo messenger for clients:

It was an excellent day of trading for my clients

Buy RCOM at 710 stop 705 and rcom zoome dto 724

Short RNRL at 171 stop 171.5 and rnrl fell to 169

Short GAIL at 451-452 stop 455.2 and stock fell to 443

Buy Orchid Chemicals at 249-250 stop 248.5 and stock zoomed to 260

n