24/11/07
Today as expected market remained positive and made a high of 5772 and also selling was seen at higher level.But in the end, nifty closed in green again.
To Start with "Market Outlook"- "Market Watch Section"
NTPC :This was given a clear buy call for the target of 245 with stop 235 and stock reached teh target making a high of 244
RPL: This was again given a buy call with stop for target 220 and stock almost reached the target making a high of 218.5
Following calls given in yahoo messenger for clients:
SHORT IDFC AT 193 with stop 195 and stop loss hit
BUY EVERON SIYSTEMS AT 495 STOP 492 and stock zoomed to 510
Buy PFC at 247 stop 245 and stock came down to hit stop loss
BUY IDFC at 196 stop 194 and stock zoomed to 197.5 and when it came down to 197, told to come out
SHORT RCOM AT 689 STOP 695 AND STOCK CAME DOWN TO 682
Buy Crompton Greeves at 414 with stop 410...small stop and stock zoomed to 442
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Monday, November 26, 2007
Intraday Call performance 26/11/07
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Sarosh Kumar
at
8:44:00 PM
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Market outlook for 26th November
26/11/07
Market Outlook
Nifty ended in green and will continue its upward journey today also crossing 5630 and second half will be interesting again as selling is expected with resistance around 5720 level.Higher opening also might be witnessed.This time around, if 6000 is not crossed in coming day's nifty might come down till 5200 very ehavilya nd next 2,3 day's will be very interesting to watch and it all looks like manipulation again and remains to be seen wether bulls wil take over 600 or bears take down to 5200..!
Stock watch for the day:
NTPC:Watch this power stock...if it remains above 235, it will blast to 245 as first target today and below 235, 230 is strongest support
RPL-This stock looks to be set into buy mode for today and holding on to 205 support, it will move to 215-220 today itself. Buy only if 205 is held.
Posted by
Sarosh Kumar
at
8:19:00 AM
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Saturday, November 24, 2007
Regulators should anticipate problems - SEBI
NEW DELHI (Reuters) - Asian economies need to improve regulatory processes and implement better risk management systems to anticipate problems and deal with volatile capital flows, India's stock market regulator said on Friday.
Regulators needed to identify potential risks and address them rather than merely react to events, Securities and Exchange Board of India (SEBI) Chairman M. Damodaran said at a conference of securities analysts.
"We need to put in place systems anticipating problems rather than respond to them inadequately and in delayed fashion after a problem has overtaken us," he said, adding foreign investors chasing higher returns could quickly abandon Asian markets if returns fell.
"That will impact on volatility in our markets. That will impact on our ability to cope with inflows that are large and sometimes outflows that are even larger," he said.
Last month, SEBI tightened investment rules for unregistered foreigners. Damodaran said then that SEBI wanted inflows to be transparent, while the finance minister said it was to moderate inflows.
"Regulators can no longer afford in our markets to play black pieces in the game of chess ... We need to occasionally make first moves as people with white pieces do," he said.
Damodaran said regulators also needed to protect investors by making sure investment analysts disclosed commissions and other payments as well as possible conflicts of interests to investors.
"Today investors in many of our markets are blissfully unaware of what conflicts of interest can hurt them," he said.
Last month, SEBI sought public comment on a draft proposal on regulating investment advisers that covered issues such as registration and disclosures of all commissions and rewards received for recommended investments.
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Sarosh Kumar
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8:41:00 AM
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Friday, November 23, 2007
Intraday call performance 23/11/07
23/11/07
Today for most of the day market remained positive and also closed around 5600 and looks to be in bullsih mode for monday and monday opening will decide the trend.
To Start with "Market Outlook"- "Market Watch Section"
IDFC : This was given a clear sell below 190 for target of 180-175 and stock made a low of 181 as per expectation.
Following calls given in yahoo messenger for clients:
Buy Bharti at 917 stop 911 and when it came down later, gave the call to cover at 915 with small loss
Short Gesco Corporation at 665 stop 668...small stop and stock fell to 660 and then went up to hit stop loss
Short Bharti at 915 with small stop at 918 and stock came down to 905
Short vsnl at around 514 stop 517 and stock fell to 511 and then hit stop at 517
Buy 30 quantity of SBI at 2250 stop 2235 and stock zoomed to 2260 first and then hit stop loss
Posted by
Sarosh Kumar
at
4:07:00 PM
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Market outlook for 23rd November
23/11/07
Market Outlook
Even though nifty crashed as clearly told in yesterday's market outlook, Yesterday's volatility was too much and it brought nervousness among traders.Though nifty recovered at the end, still weekness continues and below 5630, nifty is sell at raise only and today also if nifty stay's below 5630, again restest of 5390 is possible and anytime nifty crosses 5630, allround buying will come.So, it's the play between 5390-5630.Watch out.
Stock watch for the day:
IDFC: This stock has lost its stream and below 190 mark, it looks still week and will move towards 180-175 again today only if stays below 190.If starts moving above 196 only it will turn out total bullish.
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Sarosh Kumar
at
7:50:00 AM
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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
Posted by
Sarosh Kumar
at
3:31:00 PM
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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
Posted by
Sarosh Kumar
at
8:12:00 AM
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