Intraday call performance 07/02/08

To Start with "Market Outlook"

Nifty crashed today after remaining above 5300 for half of the day and then started falling and started breaking supports one by one and once it broke 5260 the fall was severe and made a low of 5114 and closed very week at 5133.Now onwards 5260 will be tough resistance on upper side amd game is set for reliance power entry now.

Stock watch for the day:

Tisco:This was given a sell call below 816 for target 776 and the stock made a high of 814.6 and low of 765.

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 5335 stop 5350 and it made 5255..but told to cover at 5260..HUGE PROFIT

Buy Nifty Futures at 5150 stop 5135 and told to cover at 5165

Buy EKC around 325 with stop loss 321 and the stock made 334

Short NDTV around 414-415 with stop loss 416.5 and stop loss hit...so, small loss

Buy NTPC at 215 now stop 213 and stock made 216.8 and then hit stop loss

Buy RCom around 656 stop 650 made 666 and told to exit Buy Bajaj Hindustan around 226 stop 223 MADE 231 and told to exit

Market Outlook 07/02/08

Reliance power is entering the market on 11th of this month and everybody is anxiously waiting for that day and what is in store for the market during that time now is interesting and there seems to be lot of market manipulation going on.Yesterday market was very volatile and opened week and at the end saw some buying and for today also trend seems to be week only and if opens high, there might be selling at higher levels and if opens low, buying might come at lower end.Till 11th of this month this trend might continue without giving any clear direction for the market.Anyhow, for today watch for 5365 trend and if starts moving above that will target 5415 on upper side and selling might come here.If nifty stays below 5365, then it will move down towards 5300 first and then below that will test 5260 again.

Stock watch for the day:

Tisco (799): Watch this stock on the upper side and if fails to cross 816 will face selling and will come down towards 788 first and then 776

Intraday call performance 06/02/08

To Start with "Market Outlook"
As expected market opened very week below 5300 and was facing selling at evry raise till the last hour and at the end some buying came to pull the nifty up to 5363 from a low of 5257.Although market ending is again dissppointing as it closed at 5322-well below 5350 resistance

Stock watch for the day:

PSL Holding: This was given a sell call below 412 for target 390-385 and the stock made a high of 403 and low of 390

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 5320-5325 stop 5335....keep small stop loss and nifty futures made 5297

Buy EKC around 319 with stop loss 316 and the stock zoomed to make a high of 337...super duper profit

Buy NTPC around 216 stop 213.5.....keep small stop loss and stock made 218 and when it came down told to cover at 216-217

Buy Indian Oversies Bank now at around 180 stop 177 and stock made 184.3

06/02/08

Market is facing selling pressure at every high and on downside 5400 is still protected.Today there might be one more attempt to break 5400 as yesterday and if succeeds in breaking will move towards 5350 first.On upside, above 5465, watch out for 5510 and 5550.Overall an interesting day of trading today.

Stock watch for the day:

PSL Holding (400): Watch this stock and if not able to cross 412, will face selling and will target 390-385 on downside.

Intraday call performance 05/02/08

To Start with "Market Outlook"

Global cues were negative today and so nifty was range bound today trading in a narrow range and made a high of just 5500 and low of 5412 and still protecting 5400 on lower side shwoing strength on bullish side.Next 2-3 days of trading will be important for the market now.

Stock watch for the day:

RCom: This was given a buy call with stop loss 675 for target 710 and stock made a high of 705 and then started falling down and even made a low of 665

Following calls were given in yahoo messenger for clients:

Today my first call on nifty service started with good profit

Short Nifty Futures around 5470-5475 stop 5490 and nifty futures made 5425

Short Reliance Energy around 2035 with stop 2045 and the stock made 2031 and then hit the stop loss

Short Bajaj Hindustan around 226 with stop 228.2 and stock made 223.8

Short Welspun Gujarath around 476 stop 479 and the stock made 472.5 and then hit stop loss

Buy RCom at around 668 with stop 660 and the stock zoomd to make a high of 688

Market Outlook 05/02/08

Market is in bullish mode as long as it trades above 5400 now and will face selling at higher levels.Today there are chances of breaking 5400 and maybe will test 5350 again.For today, if nifty gets past 5500, then watch out for 5560 strong resistance where selling might come again and if nifty gets past 5560, then 5600 has to be watched again.On downside,if 5400 is broken, 5350 will be tested.

Stock watch for the day:

RCom (686): This stock is in bullish trend and if remain above 675, it will hit 695-710.

Intraday call performance 04/02/08

To Start with "Market Outlook"

Nifty opened positive as expected and nifty blasted crossing heavy resistance at 5485 and made a high of 5545 and at the end lost soem points and ended in green at 5463 well above 5450.Now, coming days will be interesting to see whether nifty can cross crucial resistance on the upperside at 5600-5630 or not.

Stock watch for the day:

Today was a very good trading day for my clients

Tisco: This was given a buy call with stop loss 762 for target 795 and the stock zoomed to amke a high of 817

Following calls were given in yahoo messenger for clients:

Short Bank of India around 382 stop 387 and stock came down to hit 372

Short Parsvanath Developers around 283 stop 286.3 and stock came down to hit 276 and then hit stop loss

Buy Aptec around 265 stop 261 and stock zoomed to 274

Buy Maruti around 918 stop 914 for targets 938-945 and the stock made 920 and then when it came down to 917, told to come out with small loss.