Intraday call performance 12/02/08

Though 4800 support was not broken today, market witnessed a volatile day of trading and on the upper side it made a high of 4950 and the ending was at red again closing at 4838 and market was unsettled at high shows more weekness in the market.

Stock watch for the day:

EKC: This was given a buy call above 306 for target 322 and it just made 315
Following calls were given in yahoo messenger for clients:

Short Nifty Futures at 4860 with stop 4875 and it fell to 4851 and then hit stop loss

Buy Nifty Futures around 4890 stop 4875 and it made 4920

Short Bajaj Hindustan around 256 with stop 261 and stock made 236 within 10 minutes

Short NTPC around 192-193 with stop 196 and when it made 191, told to come out and later it made 182

Buy Satyam Computers at 420 with stop 418 and stock made just 421 and then hit stop

Buy VSNL around 464 with small stop at 460 and the stock zoomed to 472 and then hit stop loss

Market Outlook 12/02/08

It was a scary fall yesterday and as was saying in all these times, yesterday did turn out to be a big deciding day and nifty straight away made the lowof 4800 which was told a possibility last week.Now for today, 4800 will be strongest supporta nd below that one more support at 4740 and if these 2 supports are held, maybe bottom is made forbig upmove or if nifty breaks 4740, there might be one more panic and nifty might slide again to 4550-4600 straight.Watch out for 4800 on downside and if held, upmove might extend to 4890 and then 4930 level and above 4930 nifty might zoom again.If 4800 is broken anytime, then nifty might test 4740 which is the strongest support for today.

Stock watch for the day:

EKC: Above 306, EKC will target 322-324 today and below 306, it is not a buy.

Intraday call performance 11/02/08

As expected, today was a big drama when reliance power made an entry into the market and surisingly went even below the issue price and market sentiments went negative immediately breaking all supports to make a low of 4804 and again closed negative showing weekness still in the market.

Stock watch for the day:

Tisco: This was given a buy call only above 740 and once it started breaking support at 740, it made a low of 716 and high was recorded at 753

Following calls were given in yahoo messenger for clients:

Buy NIIT around 116 with stop 115...small stop loss and stock made 117.4 and then broke support of 115

Short Tisco around 740 with stop 746 for first target 720 and the stock made 716

Buy Air Deccan around 176 stop 174.5 and it made just 177 and when it came down told to cover at 176

Later call was given to exit all intraday positions as market was looking dangerous

Market Outlook 11/02/08

Atlast the big day of Reliance Power entry today.Nifty might recover above 5200 and if remains below 5200, it is still bearish.Overall market expected to be volatile again today.Watch the level of 5165 today and if nifty moves above that, buying might come heavily and nifty might even test 5260 resistance.Below 5100 nifty will again test 5025 first and if breaks then will be test of 4900 strong support.So, overall volatile day will be witnessed and if opening is strong, later selling might emerge and if opening is week, later buying will emerge.Watch the levels carefully and be carefull today. All power stocks might be in action today.

Stock watch for the day:

Tisco (751): Watch 740 support for tisco and if holds will start moving towards 776.

Intraday call performance 08/02/08

To Start with "Market Outlook"
Nifty went on breaking supports most part of the day and even tested the lower end support at 5000 as it made a low of 5034 and then at the fag started recovering and made a high od 5173 and closed at 5120.Now the big day on monday will be interesting as much awaited reliance power getting into the market.

Stock watch for the day:

RNRL:This was given a buy call above 153 for target 157-163 and the stock made a high of 157

Following calls were given in yahoo messenger for clients:

Short RCom around 638 stop 643 and stock made just 636 and then hit the stop loss...a small loss

Buy RCom around 640 stop 637...small stop loss and the stock made 647.5 and then came down

Buy Bajaj Hindustan at 219 with stop 217 and the stock zoomed to 230...A BIG PROFIT

Short Rolta around 287 with stop 289 and the stock made 282.8 and then went up

Short RCom around 646 stop 649 and stock made a low of 640.7 and then hit the stop loss

Short Tisco around 765 with stop loss 767 and the stock made 753...GOOD PROFIT

Buy Air Deccan at around 187 with stop loss 185 and the stock zoomed to 201...A BIG PROFIT

Market Outlook 08/02/08

After yesterday's volatile market and heeavy selling, there might be some recovery today from lower end.There might be gap dow opening or even gap up opening as market is very unpredictable today.But there will be some pull back from lower end for sure.If market continues from yesterday, then we got to look at lower end supports at 5080 and then 5000.On upper side, above 5200, look out for 5260 strong resistance again.However in these kinds of market taking overnight positions is very dangerous and only intraday is looking safer if one plays with ultimate caution without hurrying into trades.As i told you 11th of this month will be an interesting day because of reliance power entry.

Stock watch for the day:

RNRL (151): Watch this stock at supports 140-130 in case of gap down opening or else buy this above 153.6 for targets 157-163

Intraday call performance 07/02/08

To Start with "Market Outlook"

Nifty crashed today after remaining above 5300 for half of the day and then started falling and started breaking supports one by one and once it broke 5260 the fall was severe and made a low of 5114 and closed very week at 5133.Now onwards 5260 will be tough resistance on upper side amd game is set for reliance power entry now.

Stock watch for the day:

Tisco:This was given a sell call below 816 for target 776 and the stock made a high of 814.6 and low of 765.

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 5335 stop 5350 and it made 5255..but told to cover at 5260..HUGE PROFIT

Buy Nifty Futures at 5150 stop 5135 and told to cover at 5165

Buy EKC around 325 with stop loss 321 and the stock made 334

Short NDTV around 414-415 with stop loss 416.5 and stop loss hit...so, small loss

Buy NTPC at 215 now stop 213 and stock made 216.8 and then hit stop loss

Buy RCom around 656 stop 650 made 666 and told to exit Buy Bajaj Hindustan around 226 stop 223 MADE 231 and told to exit