Intraday Calls performance 31/01/08

To Start with "Market Outlook"
Today nifty opened very week and was very volatile as expected because of expiry and nifty made a low of 5071 and high of 5251.Now that expiry is over, nifty likely to settle in a range within 2-3 day's.
Stock watch for the day:

Adlabs: This was given a sell call below 1059 for target 990 and the stock made a high of 1070 and low of 980

Following calls were given in yahoo messenger for clients:

Short DLF Limited around 846 with stop 851 and stock made 840 and then came upto hit the small stop loss

Short RCom around 624 with stop 627 and the stock amde 616 and then came up to hit the stop loss.

Short Essar Oil around 234 with stop loss 235.6 and stock made 228.7

Short Bajaj Hindustan around 202 with stop 205 the stock made 194

Take a small risk and Buy DLF around 828 stop 824...small quantity and when the stock made 833, told to come out.

Market Outlook 31/01/08

Much awaited FED rate cut is announced and The Federal Reserve cut its key interest rate another half point and this along with today's expiry will make the market very volatile today.DOW closed 37 points down yesterday.So, be cautious in trading.For today, 5200 will be the trend and above that nifty will turn towards 5280 big resistance and above that will zoom towards 5330-5350.Below 5200, nifty will remain very week and first it will target 5100 support and then 5000.Overall, market will be volatile today.

Stock watch for the day:

Adlabs (1030): Watch this stock at higher levels and below 1059 it is sell for target 990.Only if stays below 1059

Intraday calls performance 30/01/08

To Start with "Market Outlook"
Nifty broke 5200 support today and made a low of 5142 and tomorrow being an expiry day, too much voaltility is expected.Today's FED meeting also holds lot of weight for tomorrow's market direction

Stock watch for the day:

RCom: This was given a sell call at 655 with stop 661 for target of 635 and the stock made a high of 658 and low of 608

Following calls were given in yahoo messenger for clients:

Buy Unitec around 393 stop 390 and stock made 395.4

Short RCom around 635 stop 639 and stock came down to 608

Short Unitec around 388 with stop 394 and stock made 370

Buy Bajaj Hindustan around 207 stop 206...smal stop loss...and stock made 210 and the hit small stop loss

Market Outlook 30/01/08

Nifty is too volatile and moving around 5400 range and if starts moving above that might hit 5600 also before expiry.The expiry effect is also clearly seen these day's.Next 2 day's volatility will continue for sure.On downside, if nifty breaks 5200 weekenss wil come to the market and nifty might test 4900-5000 before expiry.For today, watch out 5300 resistance and above that 5380 will be very strong resistance to get past and will be interesting to see whether there will be any gap up opening like yesterday.

Stock watch for the day:

RCom (643): Short this stock around 654 with stop loss of 661 for lower target of 635 and if gets past 661, it will move towards 670-675.

Intraday calls performance 29/01/08

To Start with "Market Outlook"
Nifty opened very strong above 5350 and in 30 minutes started loosing strength and even broke 5300 and made a low of 5225, thus protecting strong support of 5200.Expiry effect was clearly visible in todays trading and we can still see high volatility in the next 2 day's.

Stock watch for the day:

Canara Bank: This was given a buy call with support 297 for targets 309 and 316 and the stock opened high at first target 310 and then broke support of 297 and made a low of 275

Following calls were given in yahoo messenger for clients:

Buy Union Bank around 214 stop loss 211.5 and stop loss hit

RCom 643 now...Sell around 645 stop 652....small stop loss and stock made 638 and then hit the stop loss

Short Reliance Energy around 2095 stop 2115 and the stock made 2070

Buy Bank of India at dips near 380 stop 375 and the stock zoomed to 391

Short Reliance Energy around 2140 stop 2152...very small stop loss....less risk and stock came down to hit 2108

Market Outlook 29/01/08

Market is moving dangerously these day's and now the expiry effect will create some more volatility and nifty seems to be in make or break mode.Heavy manipulations are going on and looks set for expiry now and nifty may march towards 6000 fast or break down is almost evident now.For today, nifty will face strong resistance around 5360 range and if gets past this, then strong buying might emerge and below 5350 , nifty will remain week only.On Downside, 5200 and 5100 still holds strong supports for nifty.

Stock watch for the day:

Canara Bank (303): 297 is crucial trend for this and remain above 297 it will hit 309-316 today.Below 297, it is not a buy

Intraday calls performance 28/01/08

To Start with "Market Outlook"
Today nifty broke strong support at 5350 and started falling as told here and made a low of 5072 and at the end recovered some points to close at 5274.Now 5350 range will be again a resistance and above that buyng will emerge.

Stock watch for the day:

RCom: This was given a buy call above 652 and clearly told below 650 it is not a buy and today because of market pressure, it broke 650 and went down to make a low of 614.

Following calls were given in yahoo messenger for clients:

Buy EKC at 288 stop 284 and stock went upto 291 and when it came down to 288 told to exit

Short Bajaj Hindustan around 204 with stop 207 and stock made a low of 196.5

Short CESC AT 491 with stop 494...very small stop loss and stock made a low of 487 and then hit stop loss

Buy Bank of India at around 389 stop 387 and when the stock zoomed to 399 told to come out