Today's intraday call performance-14/11/07

14/11/07

As expected and told in market outlook, it was gap up opening and nifty is already near to final resistance at 5960 level and above that will zoom.

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

Bharti Tele crossed teh first target given as 855 and made a high of 888

Infosys never looked back after crossing yesterday's high and closed well above 1710 ressitance given

Following calls given in yahoo messenger for clients:

Buy Yes Bank at 223 stop 221 and stock made a high of 224 and told to come out

Buy SBI at 2325 stop 2300 and stock came down to 2317 and then zoomed to 2372

Short Renuka Sugar at around 769 stop 773 and stock hit the stop loss

Bharti losing strength....Short it at 878 stop 883....small stop and stock fell to 850 staright

Renuka Sugar is now at 778 and if doesn't cross 780 will fall to 760-750 level and stock came down to 764

Market outlook for 14th november

14/11/07

Market outlook for 14th november

Again 5700 is the key here and move above 5700 nifty will be very positive and will be heading towards 5800 first and there might also be a gap up opening today.If nifty remains below 5700, then selling will come.Overall, nifty movements remains to be seen till this week end.

Stock watch for today:

Bharti Airtel: If 825 support is saved, this stock will zoom towards 850-855 range and anytime 825 is taken out, this will be heading towards 800 for sure.

Infosys: This stock has taken a beating for quite some time now and 1600 seems to be the last support and below that it will crash.It looks like a sell on raise unless it clears 1710 on upper side.

Today's intraday call performance-13/11/07

13/11/07

Nifty crosses 5700 again and closed just around 5700 again.I had told nifty will test 5500 level after breaking 5700 and exactly nifty made a low of 5476 and bounced back to 5700.Still nifty looks week as it is just around 5700 and will be interesting to see tomorrow's market

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

I had given Buy call on ISPAT INDUSTRIES for target of 42-43 and stock made a high of 42.85 as told here.

Secondly BHARTI TELE as expected did come down to test 825 as told and made a low of 828 after breaking 850.

Following calls given in yahoo messenger for clients:

Buy Reliance Capital at 2055-2060 stop 2035 and stock zoomed to 2071 and told to come out

Buy SBI at 2245 stop 2220 and stock zoomed to 2272 and told to come out and later it zoomed to 2324 as told earlier in the day

Short Renuka Sugar at 777 stop 781...small stop loss and stock went down to 747

short Bharti at 840 stop 850 and stock came down till 830 for the first target

Now, if Bharti doesn't cross 850, it will go down to 834 and stock slided from 848 exact to 828

Market outlook for 13th november

13/11/07

Market behaved as told yesterday in my blog.It was low opening and then late recovery.Even though Nifty did make a late recovery, it still looks like just short covering and 5700 still play's a major resistance for sure and if not able to cross that level, nifty might again fall towards 5500 and in a day or two, this might be clear.For now, volatility continues and 5700 should be watched on upper side and 5476 on downside and failure to break above 5700, nifty might be heading towards 5250.So, watch out 5700 level.

Stock watch for today:

ISPAT INDUSTRIES: The stock has made moves in big way these day's and if it moves above 40, it will move to 42-43 today

BHARTI AIRTEL: This stock has already broken its major support and will be interesting to see whether it can hold 825 support which is likely to be tested today and break of that will definitely take this stock towards 800

Intraday call updates -12/11/07

As expected and given in "Market Outlook" for the day, nifty witnessed gap down opening and recovered later to close above 5600 and the interesting thing to be noted is, nifty is still below 5700 and it looks like just short covering and may be in a day or two nifty wil start its down movement again.In one or two day's picture will be clear again.

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

I had given Sell call on SAIL below 150 and sail exactly made a low of 225 target as given
.
Following calls given in yahoo messenger for clients:

SHORT I-FLEX at 1265-1270 stop-1280 and stock slided till 1260a nd then came up to hit the stop loss

BUY GMR INFRA AT 204..wity stop 198 and stock zoomed to 208

BUY RELIANCE ENERGY at only 1815 stop 1790 and stock just zoomed to 1818 and couldn't sustain there and came down till 1791 and then moved upto 1832

Short SAIL at 230-231 stop 234 and stock came down to 225

Buy Relaince Capital when crosses 1970 and stock zoomed to 2035

DLF at 858 now and if breaks 862, it will move to 875 and stock zoomed to to 880

Market outlook for 12th november

As expected, market broke 5700 and now in down trend and definitely looking towards 5500.For today,watch out for opening and if the opening is 100 points down and nifty near 5500, then you might see some buying for today as 5500 is the big support and if opening is not low, then there will be selling coming on every raise today.Watch out for crucial support at 5500 and break of that might take nifty towards 5200 level and below that 5000 is the major support and let us all keep our fingures crossed that corrections won't reach that point.

Stock watch for today:

SAIL: This stock is showing weekness and below 250, it will come down to 220-225 range.

Market is too volatile and giving too many opportunities for traders

11/11/07

These day's market does give movements on both sides and it is very important to control greediness on these occassions and wait for the chance and grab the opportunity.One needs to have enough patience on placing the order and also on taking profit without being more greedy as seeing the movements of stocks create an impression of making too much wealth within a very short time and many people do make mistakes and miss this volatility in standing on losers side.So, each and every person is better off to play with enough patience and less greedy to succeed in this market.Intraday players are actually having best time of their life time these day's and many people don't accept the hard fact.