Intraday call performance 17/01/08

To Start with "Market Outlook"- "Market Watch Section"
As expected volatile day today and higher level selling witnessed again.Nifty made a high of 6013 and faced selling and ending was dissapointing as it closed well below yesterday's close at 5913.Till nifty crosses 6100, it will go on facing selling at higher end.

Stock watch for the day:

Inox: This was given a buy call at 182 with stop 178 for target 193 and stock made a high of 203

Following calls were given in yahoo messenger for clients:

Buy India Bank around 233 stop 230...small stop loss and stock zoomed to 235.5 and the came down to hit the stop loss at 230

Buy Essar Oil at around 298 stop 295 and stock zoomed to 303

Buy Sail at 242 stop 239.5...small stop loss and stock made 252

Short IDFC around 226 with stop 229 and stock came down to 217

Short Bajaj Hindustan around 335 stop 336 and stock came down to 327.5

Short RCom around 731 stop 736 and it made 727 and then the stop loss

Buy RCom at 741 stop 735 and stock made 745 and told to come out

Market Outlook 16/01/08

Market witnessed a huge crash yesterday by breaking all inbetween supports to make a low of 5820 and at the last hour recovered well by short covering and came up to close at 5936 and now onwards, till nifty crosses 6100, it will go on facing selling pressure at every raise.FII'S were heavy sellers yesterday.For today, it will face resistance around 6000 first and if crosses then 6060 is tough resistance to cross.Volatility is the name of the game these day's and people with enough patience and courage will earn well in this market.

Stock watch for the day:

Inox Leisure (184): This stock seems to have bottomed out now after started falling from 240 levels.Buy it around 182 with stop 178 for target 188-193.

Intraday call performance 16/01/08

To Start with "Market Outlook"- "Market Watch Section"
Nifty broke its short time support at 6100 yesterday and then came crashing down and today it continued its weekness and never even touched 6100 and merely crashed and lost around 250 points as it made a low of 5825 and closed at 5936

Stock watch for the day:

LITL :This was given a buy call only above 800 for target 825 but stock never reached 800 and once it broke its suport at 785 it came crashing down to 700 level.

Following calls were given in yahoo messenger for clients:

It was a good trading day for my clients in this voaltile market

Take a small risk and Buy LITL around 763 with stop 759 and stock hit the stop loss and minor loss

Buy Bata around 246 stop 243 and when the stock made 250, gave a call to come out.

Short Essar Oil around 304 stop 307 and the stock came crashing down to make a low of 285

Short BPCL around 455 stop 459...small stop loss and stock made 452 and then hit stop loss

Short IDFC around 221 with stop 224 and the stock came down to make 212.7

Short Bajaj Hindustan around 316 WITH stop 320 and the stock came down to make a low of 303.5

Market outlook 16/01/08

Nifty finally broke the trading range of 6100-6360 and now heading towards 6000-5900 level.For today, 6120-6130 will be very tough resistance on the upper side.Below 6050-a minor support nifty will go to 6000 today and then 5960 will be support.Overall an interesting day of trading today with volatility highlighted and trend downside.Global cues are also negative and Dow also ended more than 200 points down yesterday.

Stock watch for the day:

Lanco Infra (LITL) 794: Watch this stock above 800, it will shoot up to 825 as first target and 785 will be the strong support for this on downside.

Intraday call performance 15/01/08

To Start with "Market Outlook"- "Market Watch Section"
Nifty made exactly 4260 my resistance level and then came down crashinga nd once it broke 6170 support level, it was all round selling and major suport at 6100 was also broken and made a low of 6050 level.

Stock watch for the day:

Satyam Computers:This was given a sell call around 410 with stop loss at 410 for target 388 and stock made a high of 405 and then came down to hit 385

Following calls were given in yahoo messenger for clients:

Short Satyam Computers around 403 stop 408 and the stock made a low of 385

Buy Bank of Baroda around 467 stop 463 and stock made 475 and then came down to hit 467

Buy Ansal Properties around 375 stop 369 and it made 378 and told to come out at 375

Short LITL around 776 stop 783 and stock came down to make 760 and told to come out there.

Buy RCom around 790 stop 788 and te stock went upto 803

Market Outlook 15/01/08

Volatile movements are common in these day's and nifty is moving between 6100-6360 range now and any break of this range might give another 100-150 points on upper side or down side.Yesterday nifty closed above 6200 and is in bullish mode for today and again the resistance for today's trading will be at 6250-6260 range.Failure to crossover will induce selling at higher levels again.On downside, nifty has supports at 6170 and 6130.So, enjoy the range and volatility.

Stock watch for the day:

Satyam Computers (399): This stock has fallen to its 52 week low now.Watch this stock and if 410 is not crossed on upper side, sell near that level for lower side target of 388.

Intraday call performance 14/01/08

To Start with "Market Outlook"- "Market Watch Section"
Nifty as expected found strong resistance around 6250 leevl and made a high of 6244 and then came down to test my support level at 6170 as it made a low of 6172.Even then nifty moved above 6200 again at the closing time to place it in very interesting position again now.

Stock watch for the day:

LITL: This was a clear sell call below 800 for target of 750 and the stock came down crashing from its high of 784 to make a low of 756

Following calls were given in yahoo messenger for clients:

All my clients enjoyed today's beautiful calls which gave super duper profits

Buy Bata India around 246 stop 242 and stock made 272

Buy Triveni Engeneering around 161 stop 159 for target 168 and stock zoomed to 173

Buy RCom around 802 with stop 794 and stock made 811

Buy HDFC Bank at around 1810 stop 1804...small stop loss and the stock moved to 1816 and then hit the stop loss