Intraday call performance 20/02/08

World market weekness effected indian market also and nifty broke support at 5240 and directly came down to test strong support at 5140 and even broke that later on and made a low of 5116 and at the end closed at 5154 showing weekness in the market.

Stock watch for the day:

Bharti Tele:This was given a buy call above 894.But the call not initiated as the stock made a high of just 879

Following calls were given in yahoo messenger for clients:

Buy Sterilite technologies at 211 with stop 208 and it made just 214 and later told to come out at 209 with small loss

Buy PFC around 191 with stop loss 188.5 and the stock zoomed to make a high of 197

Buy OBC around 271 with stop 267.5 and the stock hit the stop loss

Buy Bharti Tele around 860 with stop 858 and the stock zoomed to 869

Market Outlook 20/02/08

It was allround buying yesterday which took nifty towards 5368 high and at the end gave up some gains it had in the morning to close at 5281.For today also trend is bullish only until nifty holds on to 5220 and 5140 styrongest supports on downside.Every dip is used for buying and nifty is heading towards major resistance of 5550-5600 level where selling is expected.For today, above 5300 it will again move towards 5350 first and then will aim for 5400 level and below 5300, nifty might slip to 5240 level, which should hold or else test of 5220-5200 is possible.Today even if there is lower opening, there will be buying coming at low.

Stock watch for the day:

Bharti Tele (889):Watch this stock above 893 and might blast upto 915-925

Intraday call performance 19/02/08

Market was in bullish trend today as expected and every dip was a perfect buy today as nifty made a high of 5368 and closed at 5280.Today voltility was absent like other days and only during the last hour of trading some selling came into the market.

Stock watch for the day:

AiDeccan:This was given a buy call above 182 for target 194 and the stock made a high of 191 falling short of 3 points from the target given.

Following calls were given in yahoo messenger for clients:

Buy Nifty Futures around 5325 with stop loss 5315...small stoop loss and nifty futures zoome dto 5368

Buy Bajaj Hindustan around 271 with 269 and the stock made 275

Short Aptec around 240 with stop 242...small stop loss and the stock made 236.8 and then went up to hit the stop loss

Short Maruti at 816 with stop 820...small stop loss and the stock made a low of 805

Market Outlook 19/02/08

Market is scaling higher and will continue for the time being and the trend is up.Yestedray nifty tested the strong support of 5350, but couldn't cross and today it may test again and possiblity of crossing 5350 is higher.Any dip will be a buy until 5220 is not broken and if 5220 gets broken, then still there is one more strong support at 5140.On upper side, if 5350 gets taken off, then we might see rally around 5400.Banking stocks may be in demand for today

Stock watch for the day:

Air Deccan (186):This stock has strong support at 182 and if held, this stock will move towards 194-200 today.

Intraday call performance 18/02/08

As told here, nifty faced resistance at exact 5350 and closed at 5277 and still above support at 5250, showing strength in the market.Today it was a boring day as whole day market was trading in a narrow range .In Coming days, trading will be very interesting as budget and exspiry things will come into action again.

Stock watch for the day:

Tisco:This was given a buy cal with stop loss 805 for target 845 and it made a high of 846-exact my target.

Following calls were given in yahoo messenger for clients:

Buy Nifty Futures around 5250 with stop 5235 and it made 5268

Short Nifty Futures around 5285 with stop 5300 and trade not initiated.

Short Bajaj Hind around 258 with stop 262.5 and the stock made 252

Short Essar Oil around 235 to 237.5 and the stock made 230

Buy RCom at 619 with stop 616 and made 621 and gave a call to cover at 618-619

Buy Tisco around 624 with stop 620...small risk buy and the stock made 828 and then hit stop loss

Short RCom around 618 with stop 623 and the stock made 609

Short Bajaj hindustan around 261 with stop 263...small stop loss...last call of the day..and the stock made 258 and then hit the stop loss...small loss

Market Outlook 18/02/08

Indian market has rebounded from 4800 level and now heading towards 5500 levels.Now trading might be also smooth on the upper side.For today, watch out for 5260 support on downside and on the upper side, nifty is heading towards 5350 first resistance and then 5400 level.

Stock watch for the day:

Tisco (818):Buy this stock with stop loss 805 for targets 835-845

Intraday call performance 15/02/08

After opening low, market started recoevring as expected and again it was a big move making a high of 5315 and closing alos well above 5260 resistance which is a good sign for the market.Nifty seems to be heading towards 5500 now.Coming day's will be interesting and will provide the answer.

Stock watch for the day:

RNRL:This was given a sell call below 135 for target 126 and the stock made a low of 127

Following calls were given in yahoo messenger for clients:

Short nifty futures arond 5265 with stopp loss 5285 and told to come out at 5258 in small profit

Short Nifty Futures now at 5285 stop 5295 and IT made 5260

Short Nifty Futures again at 5280 stop 5290...small stop loss and IT made 5256

Buy RCom around 600 with stop 593 and the stock made 619

Buy Union Bank around 195 with stop 192 and stock zoomed to 200 and told about stiff resistance at 201

Buy VSNL at 498 with stop 496 and the stock made 500 and told to come out at 499

Short VSNL at 500 with stop 503 and the stock made 496 and then hit small stop at 503

Short Tisco around 810 with stop 816 and the stock made 801 as target given was 800