Intraday call performance 28/02/08

Expiry effect was clearly visible in thye market today and as expected volatility was also there and market was more on the downside throughgout the day.Tomorrow again budget day, interesting day of trading ahead.Nifty made a high of just 5300 and a low of 5227 today

Stock watch for the day:

IRB Infrastructure: This was given a buy call with stop loss 200 for teh target 212 and the stock made a high of 214

Following calls were given in yahoo messenger for clients:

It was a good profit day for all my clients

Buy Nifty Futures around 5235 with stop 5220 and it made 5284 and told to cover

Buy Nifty Futures again around 5235 with stop 5225 and it made 5278

Buy Reliance Industries around 2550 with stop 2540 and the stock amde just 2558 and then hit the stop loss

Buy Maruti around 825 with stop 820 and the stock made 843

Buy HDIL around 862 with stop 858 and thestock amde 869.4

Buy NTPC around 197 stop 194.6 and the stock made 206

Buy Bajaj Hindustan around 243 with stop 240 and the stock made 246 and told to come out at 245

Market Outlook 28/02/08

Market showed severe volatility after opening strong yesterday and the volatility will constinue for today and also tomorrow due to Expiry of Feb month F&O contract and Union Budget.For today, above 5300 nifty will again test 5360 ressitance and if crosses 5360, then might move towarsd 5400.Nifty below 5300 may test 5250-5220 strong supports today.Being in intraday, one got to play along with the trend set for that particular day.

Stock watch for the day:

IRB Infrastructure (201.7): If remains above 200, it will move to 210-212 again and below 200 might test 195

Intraday call performance 27/02/08

Market opened gap up today morning and stayed in positive zone most part of the day and once it broke strong support at 5340, market slipped and went on to make a low of 5250 and closed in psoitive zone again at 5268 just 2 points lower than yesterday's close.Tomorrow being expiry day, volatility was expected.

Stock watch for the day:

Bajaj Hind: This was given a buy call with stop 252 for the target 265 and the stock made a high of 265 and then slipped

Following calls were given in yahoo messenger for clients:

It was a very good profit day for my clients

Buy Nifty Futures around 5350 stop 5338 and it made 5365

Buy Nifty Futures around 5320 stop 5300 and it made 5362

Buy Tisco around 820 stop 815 and the stock zoomed to 834

Buy J.P Associates around 274 with stop 270 and the stock made a high of 280

Buy Adlabs around 925 stop 916 and the stock made 932 and then hit the stop loss

Buy Mundra Port around 760 with stop 754 and the stock made 766

Buy Punjab Lloyd at 395 with stop 393 and the stock made 403

Short Bajaj Hindustan around 249 with stop 250.5 and the stock made a low of 232

Market Outlook 27/02/08

Market was very bullish for the second consecutive day yesterday and nifty made a high of 5281.Nifty above 5260 will remain positive and below 5260, it may see some selling.Today, above 5260 nifty will target 5310 and if breaks 5310, then it will again move towards 5345.So, two strong resistances for today are 5310 and 5345 if nifty stays above 5260 and below 5260 nifty might fall upto 5220 first and then 5175 will be very strong support.Volatility may come again as expiry is tomorrow.

Stock watch for the day:

Bajaj Hindustan (257): Watch the strong support at 252 and if remains above this level, this stock will move towards 265-270

Intraday call performance 26/02/08

It was gao up opening today and nifty reacted exactly at 5260 ressitance and was playing in a narow range afterwards.Once it broke 5260, it was allround bying in the market and nifty rose to 5281 and closing again positive and many of the stocks which had gone for corections recovered well today.

Stock watch for the day:

Essar Oil: This was given a buy call with stop 229 for target of 242-245 and the stock amde a high of 242

Following calls were given in yahoo messenger for clients:

Buy Nifty Futures around 5240 with stop 5220 and it made 5255

Buy J.P.Associates around 251 with stop 247 and the stock made 273

Buy EKC around 321-322 with stop 318 and the stock zoomed to 332.5

Short HDIL around 842 with stop 848 and ithit the stop loss

Buy G.E.Shipping around 440 with stop 438 and the stock hit stop loss and small loss

Buy R-Power around 446 with stop 442.7 and teh stock zoom dto 452.6

Buy Bajaj Hindustan around 256 with stop 253.5 and the stock made 259.4

Short Tisco at around 815 with stop 819 and the stock made 802

Market Outlook 26/02/08

Atlast nifty broke the strong support at 5070, but surprisingly made a low of just 5055 and overall heavy buying resulted in taking nifty to a high of 5212 and within one day market again looking good now ! Anyways, for today 5260 is one resistance and if crosses that , then it will aim for 5300 and then 5310.On downside, below 5200, nifty has support at 5160 and if breaks that 5100 will be very strong support.So, overall makes an interesting day today.Some selling might come from higher levels.

Stock watch for the day:
Essar Oil:Watch this stock which has support at 229 and above 236 will fly to 242-245.Below 229, it is not a buy.

Intraday call performance 25/02/08

Heavy drama took place today as nifty broke strong support at 5070 and madea low of just 5055 and bounced back strongly to break all upside resistance and made a high of 5212 and closed just around 5200 and is at an interesting stage now.There are many things to consider in coming days of market and trading will be interesting.

Stock watch for the day:

J.P.Associates:This was given a buy call with stop 240 for target 260-265 and the stock amde a high of 261

Following calls were given in yahoo messenger for clients:

Short Nifty Futures around 5125 stop 5140 and it made 5115 and then told to cover

Short bartronics around 209 with stop 211.2 and the stock made 200 exact to my first target

Buy Voltas around 201 with stop 199.8 and the stock made 203 and when it came down to 201.5, told to come out

Short J.P.Associates around 244 with stop 248 and it made just 243 and stop loss hit

Short Adlabs around 850 with stop 856 and the stock made 845.6 and the hit stop at 856

Short RCom around 581 with stop 586 and the stock made 578 and told come out at 582

Short LITL around 420 with stop 424.5 and the stock made418 and then stop hit

Buy DLF at around 834 with stop 830 for target 850 and the stock zoomed to 848