Intraday cal performance 19/12/07

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

As expecetd and told nifty went up above 5800 and made a high of 5840 but never reached 5860 and faced selling from higher level and came down to test 5700 resistance and finally broke even that and made a low of 5677.Nifty continued its volatility and the time is proving right for day traders.

Stock watch for the day:

Marico: This was again given a buy call above 67 for a target 73, but it made a high of 71.7

Following calls were given in yahoo messenger for clients:

Short Sail at around 266 stop 267..small stop loss....and stock made a low of 250

Buy Everest Kanto around 321 stop 316 and stock went upto 326 and closed at 323

Short Ansal Properties at around 396 stop 400....and stock made a low of 363

Buy Monnet Ispat at 524-525 stop 520 and stock made 529 and then came down to hit stop loss

Buy Air Deccan around 304 stop 299 ...and stock made 310.5 and for those who didn't cover at 310, told to come out when it came down to 307

Market outlook for 19/12/07

There is so much of volatility in the market these day's and also now onwards factors like christmas, new year, global factors and also expiry effect will show its presence in the market.For today, above 5780 nifty will move towards big resistance at 5860 which is to be watched as selling is expected again around these levels.Downside, 5700 still remains big support for nifty.Break of 5700 might take nifty to 5665 support.

Stock watch for the day:

Marico (68.9) : Yesterday this stock achieved its given target and for today also it is a buy above 67 and target will be 73.But, if 67 breaks (chances are very very remote) it might fall to 65

Intraday call performance 18/12/07

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

Market remained week throughout the day and nifty ended the day week again closing below yestedray's close and volatility continued from yesterday and might go on for some more days now as expiry and year ending effect will be there in the market.

Stock watch for the day:

Marico: This was a clear buy call with stop loss 67 for taregt 70-73 and stock made a high of 71 intraday

Following calls were given in yahoo messenger for clients:

Short Omax at 538-540 stop 550 and it just came down to 535 and closed at 542

Short ACC at 1060 stop 1075 and stock came down to 1047

Short Punjab National Bank at 635 stop 645 and stock fell to 626

Short IDFC at 215 stop 217 and stock came down to 211.5

Market outlook for 18/12/07

As soon as nifty broke its strong support at 5985, it crashed heavily and even made a low of 5740, which will act as a support for today's move.Some buying will come today, but in all probability upper level selling will be witnessed again and on upper side 5860 will be major hurdle and remains to be seen whether it can cross that or selling will emerge again..!if market opens on a week note with lower opening, buying will emerge from lower end for sure.Watch out for 5740 and 5860 today and if 5740 is taken out, we might see 5680 as next support area.

Stock watch for the day:

Marico: (68.45) Watch this stock for today and if there is lower opening in nifty and marico is above 67, buy it for target 70-73 and below 67, don't take position.

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