Intraday call performance 10/03/08

Market was too volatile today and opening was low down and made a low of 4620 and picked up again from there to make a high of 4815 and closing at 4790.Today's low is very important and if it doesn't get broken, chances of crossing 5000 is high now.

Stock watch for the day:

DLF Limited: This was given a sell call below 680 for the target 635 and stock opened weak making a low of 621 and closing at 674

Following calls were given in yahoo messenger for clients:

It was a great day of huge profit for all my clients

Buy Nifty Futures around 4610 with stop 4580 and it made 4690 and told to come out there

Buy Rcom near 521 with stop 518 and made hit 524 and then hit the stop loss

Buy On Mobile around 522 with stop 518 and the stock made 574

Buy RCom around 523 with stop 520 and the stock made 567

Short GlenPharma around 482 with top 483.5 and the stock made 469

Short Renuka Sugars around 892 with stop 898 and and the stock fell to 868

Market Outlook 10/03/08

Nifty has finally broke its support of 4800 and started moving downwards now.Any raise will invite selling today.Below 4800, nifty will remain very weak and will move towards 4700 first and then it will be test of 4660 support again.If nifty moves above 4800, it will move towards 5855 strong resistance, where heavy selling might emerge again.So, interesting week starts today.Reliance group movements will be interesting here onwards.

Stock watch for the day:

DLF Limited (657): Watch this stock today as it has fallen too much and tdoay also looks weak below 680 and if doesn't cross 680 will hit 645-635 on downside.

Intraday call performance 07/03/08

World market weekness effected indian market also and as told it broke 4800 support and made a low of 4672 on downside and at the end of trading, picked up again and moved above 4700 again to reach 4792 and came down again to close at 4760.Next week is interesting now as nifty already cleanly broke strong support at 4800 and now looking for more downside.

Stock watch for the day:

Bank of India :This was given a sell call with stop 292 for the target of 274 and the stock made a high of 285 and low of 252

Following calls were given in yahoo messenger for clients:

Buy Nifty Futures near 4730 with stop 4710 and it made 4755 and then hit the stop loss

Wait for dips and buy Satyam at 414 with stop at 413.5 and it made 417 and then hit the small stop loss

Buy NTPC around 187 with stop loss 185.5 and the stock made 188 and then hit the stop loss

Buy Glenmark Pharma around 475 with stop 471 and it made 482 and then hit the stop loss

Short NTPC around 186 with stop 188 and it made 181

Short BHEL at 2010 with stop 2030 and the stock made 1950

Take minimum risk and Short 30 BHEL at 2024 with small stop at 2030 and the stock made 2005

Market Outlook 07/03/08

There might be some buying coming today and upper side will find resistance again.For today, 4960 will be stiff resistance again and any move above that might try 5000 target straight and nifty below 4960 still reamians weak only.If nifty moves below 4900, it might test 4860 first support and if breaks that then again onus will be on 4800 strong support.Overall interesting to see the weak end today.Market may be volatile today also.

Stock watch for the day:

Bank of India (285): This stock has taken the beating from last few day's and still looks weeker only.Today watch this stock and on upper side, if not able to cross 292, just short it for target 279-274.

Intraday Call performance 05/03/08

It was a fantastic day of trading as nifty still maintained strong support at 4800 and moved upwards strongly at the end of the day to make a high of 4937.Tomorrow being a trading holiday, focus still will be on the on the range of nifty 4800-5000.Still the trend is not clear as it has not broken out or broken down.Will be interesting to see how the week ends this time around.

Stock watch for the day:

Ispat Industries: This was given a sell call below 40 for target 36 and the stock made a high of 38.5 and low of 36.4

Following calls were given in yahoo messenger for clients:

It was again a great profit day for all my clients

Short Nifty Futures around 4900 with stop 4935 and it made 4830 and told to come out

Short Nifty Futures around 4910 with stop 4935 and it made 4840 and told to come out

Short Suzlon around 242 with stop 246 and suzlon made 229

Short HDIL around 742 with stop loss 748 and it made 700

Short Renuka Sugar around 1015 with stop loss 1025 and when renuka made 935, told to cover the position

Short Maruti around 924 with stop 928 and the stock made 915 and then hit the small stop loss

Market Outlook 05/03/08

Market seems to be playing around crucial support of 4800 and today also 4800 support will be very very crucial.Till it holds on to 4800, no problem.But, once if it gets broken allround panic will start in the market and one more strong selling will emerge for sure.For today, 4900 will be resistance and above that 4970 will be very very strong resistance and on downside, below 4900 nifty will try to test 4800 again and if breaks 4800, then will go down to first support at 4740 straight

Stock watch for the day:

Ispat Industries (38): This stock has broken strong support at 40 and now for today, below 40, it will test 36 and then 34.

Intraday call performance 04/03/08

Market was too volatile today and as expected more on weeker side and it still held on to strong support of 4800 as it made a low of 4812 and high of 4977.Now the onus on coming day's will be on strong support at 4800.

Stock watch for the day:

NTPC: This was given a sell call with stop loss 197 for target 185 and the stock made 195 high and a low of 186

Following calls were given in yahoo messenger for clients:

A great day of big profits for my clients today....

Short Nifty Futures around 4930 with stop 4950 and nifty futures made 4830 and told to come out....HUGE PROFIT

Short Nifty Futures around 4920 with stop 4940 and nifty futures made 4825....HUGE PROFIT

Short Suzlon around 255 with stop 259 and the stock made 227....HUGE PROFIT

Short Maruti around 900 with stop 910 and the stock made 883

Short Rcom around 530 iwth stop loss 535 and the stock made 508....HUGE PROFIT

Short Bank of India around 315 with stop 318 and the stock made 311.5