Intraday call performance 17/12/07

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

Nifty opened week as expected and continued its downward journey and never recovered after that and it was told here also that first 30 minutes will be crucial for market direction today and market went on breaking all supports and made even a low of 5740 a whopping 300 points loss on intraday basis..!

Stock watch for the day:

Gail:This was given a buy call only above 510 and sell call below 510 to target 500 and stock made a low of 495

Following calls were given in yahoo messenger for clients:

Short Idea Cellular at 137 stop 139 and stock made 127.5

Buy Axis Bank at 1000 range....stop 994....small stop loss and stock zoomed to 1006 and then hit stop loss

Buy G.E.Shipping at around 526-527 stop 523...small stop loss for 540 and the stock made 537

Market outlook for 17/12/07

Nifty is showing weekness now and below 6110, today also nifty will continue its downwards journey and if nifty crosses 6110 in anytime, allround buying will emerge again.Downside, 5990 will provide good support and if there is lower opening and if 5990 is not broken, there will be smart recovery.So, watch out for 5990-6110 today and any side break out will be too much.Watch the market for initial 30 minutes which might decide the market trend for today.If 5990 gets broken anytime, then the lower support is at 5960.

Stock watch for the day:

Gail : This stock will move towards 530-535 above 510 and if 510 is broken then might fall to 500.

Intraday call performance 14/12/07

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

Nifty opened week and moved up later.But still coudn't cross 6110 resistance told and hence remained week throughout the day and although nifty broke one suport at 6040 as expected, but couldn't break 6000 strong support given and will be interesting to see nifty movements on monday

Stock watch for the day:

Bharti Tele:This stock was given a target of 1010 above 980, and a target of 960 below 980 and the stock zoomed to 999 on upper side above 980 and on break of 980 came down crashing to 945

Following calls were given in yahoo messenger for clients:

It was a great trading day for my clients

Short Bharti Tele at 978 stop 985 and stock fell to 945 and told to come out near 950...super duper profit

Short RCom at 770 stop 772 and stock fell to 758..very god profit

Take a small risk and Short Navbharath at 258 stop 260.5...very small stop loss..and stock fell to 251...super duper profit

Buy Bharti at 948 stop 944...small stop loss...and stock zoomed to 959 and told to come out as 960 was ressitance

Market outlook for 14/12/07

As soon as Nifty broke 6110, it came down heavily and now looks set to test 6000 for today and on upper side 6110 will be tested again and failure to break 6110 will result in testing 6000 strong support which will be difficult to break and if breaks 6000 strong support, it will be worse and nifty might go straight to 5960.These day's world market clues are also important in taking market directions.Yesterday Dow jones closed marginally up by 44 points.If the market opens on a week note, buying might come from lower levels near to 6000 levels and if opens higher, selling might emerge from higher levels again.On upperside, watch out for 6110 level and if nifty breaks this level it will move towards 6150 range.Overall, it might be a volatile day today.

Stock watch for the day:

Bharti Tele (988): This stock taken a beating yesterday and for today, 980 will be support and if holds on to 980, it will move towards 1010-1025 again.If 980 gets broken, then it will hit 965-960 on downside.

Intraday cal performance 13/12/07

13/12/07

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

Although market opened on a strong note, faced selling at higher levels and once it broke major support of 6110, it went down severely and made a low of 6040 support

Stock watch for the day:

Nahar Industries:This was given a buy call for the taregt of 155-160 and the stock made a high of 154

Following calls were given in yahoo messenger for clients:

Buy Sail at 284 -285 stop 281...small stop loss and sail made 293 ..very good profit

Sell Navbharath at 260-261 stop 262.3 and fell to 247.5....super duper profit

Buy Nicolus Piramel at 345 range stop 340 and stock made 352 and told to come out of longs at 348 when nifty broke 6110

Buy RCom near 760 range with stop loss at 755 and stock made 772 and when it came down to 768 told to come out as nifty broke 6110 support

Buy Essar Oil at 303 stop 302 and essar made 304.5 and then hit the stop loss at 302...small loss

Short IDFC at 227.5 stop 229 and stock made 221.6....very good profit

Market outlook for 13/12/07

13/12/07

Nifty has finally crossed 6100 mark and for today remain above 6110, it looks one sided and it's buy on dips today until 6110 is held.Market is in very bullish mode and as told yesterday in market outlook, nifty is targeting 6400 in near term now.Today, watch out for 6225 resistance zone on upper side and above that it might even hit 6300 also...! but, selling might arise near 6225 range.Downside, watch out for support at 6110 and if breaks (chances are very very remote), market will panic again.

Stock watch for the day:

Nahar Industries: This stock is in very bullish mode and crossover 145 will hit 155-160 today only.Downside support is at 136

Intraday call performance 12/12/07

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

Nifty reacted to world markets which were down and as said went negative below 6110.It was clearly mentioned that if nifty remains below 6110, nifty will face selling and remain week throughout the day.

Stock watch for the day:

Glaxo: This stock was given a buy above 1015 for target 1065 and the stock made a high of 1069

Following calls were given in yahoo messenger for clients:

Short Air Deccan at 263 with stop 264.5 and stock made 261.5 and when it came up again to 262.5, told to come out with no profit no loss

Buy ICICI Bank at 1300 stop 1290 and stock made 1308 then hit the stop loss

Buy RCom at 746 stop 739 and stock made 775

Short IDFC at around 225.5 with stop 227..small stop loss and the stock came down to 221.4