Intraday Call performance 22/02/08

Today market was very boring as whole day it was moving in a narrow range as if it was waiting for something.Nifty made a low of 5093 and a high of 5184 today.Nifty closing was red and downside support is at 5070 and if breaks panic will be craeted in coming day's.

Stock watch for the day:

HDIL: This was given a buy call with stop 816 for a target of 850 and stock made a high of 858

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 5110 with stop 5130 and Nifty Futures made 5080

Short nifty futures around 5110 again with stop 5130 and Nifty Futures made 5103 and told to come out when it made 5112
Short Union Bank at 185 with stop 187 and the stock made just 183.5 and then hit the stop loss

Short Unitec around 369 with stop 372 and the stock made 363.5

Short DLF around 830 with stop 835 and the stock made 823 and then told to close when it was at 830

Buy Bajaj Hindustan around 262 with stop 259 and the stock zoomed to 267.6

Buy Satyam Computers around 441 with stop 439 and the stock made 444.4 and came down to hit the stop loss

Buy Unitec around 372 with stop 370 and the stock made 377

Market Outllok 22/02/08

Yesterday nifty was too volatile as before some days back and as expected came down from high level but still protected 5110 support.For today, trend remains up till it is above 5110 and on downside 5070 is the strongest support and if at all it breaks 5070, total panic will be created.Yesterday DOW also closed down 142 points.On upperside, 5260 will be again the resistance to watch out for and crossover 5260 will take nifty towards 5285 and then 5400.Higher level selling will come again today.

Stock watch for the day:

HDIL (822):Watch this stock and if 816 is protecetd on downside, it will move to 840-850 today.

Intraday call performance 21/02/08

Market recovered first and as expected faced selling from higher levels exactly near my ressitance 5260 as it made a high of 5241 and came down crashing to test yesterday's low, but never broke that.Nifty atlast closed at 5192.Now that budget factor and also expiry factors will come into effect and stock trading will be more interesting with this much volatility

Stock watch for the day:

Bajaj Hindustan:This was given a sell call below 280 for target 268 and stock made 267 and then bounced back to 278 level

Following calls were given in yahoo messenger for clients:

IT WAS AN EXCELLENT PROFIT DAY FOR ALL MY CLIENTS

Short Nifty Futures around 5220 with stop 5236 and Nifty Futures made 5145 and told to exit

Buy Nifty Futures around 5075 with stop 5060 and Nifty Futures made 5150 and told to come out

Short Bajaj Hindutsan around 277 with stop 280.5 small stop loss and the stock made 266

Short Neyveli Lignite at 159 with stop 162 and the stock made 152.75

Short RNRL at 136 with stop 137.5 and the stock made 129

Short MARUTI around 778 with stop 784 and the stock made 754

Buy Bajaj Hindustan around 270 with stop 267.5...small stop loss and the stock made 277

Market Outlook 21/02/08

After being in negative zone yesterday nifty is expected to recover today along with positive asian markets.Yesterday FII's were net sellers with 266 crores.Today R-Group stocks has to be watched and recovery in them may pull up nifty also and if nifty moves above 5185, it will test 5220 strong resistance and if croses then again move towards 5260 first and then all round buying again.But, if nifty remains below 5175 it remains week and may test 5120 again and if breaks downside strong support exists at 5070.If opens week, lower level buying can come at supports.At higher levels, again selling will come today and only if opens too much gap up then only its complete pull back or else higher level selling will continue.

Stock watch for the day:

Bajaj Hindustan (270):Watch this stock at higher levels and if fails to cross 280, short it for tragets 268-262

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