MARKET VIEWS FOR DEC 31ST 2008

Nifty spot closed above resistance of 2940 and now becomes the support. Intraday support for nifty will be around 2955-2960. Expect nifty to have a strong opening tommorrow, as mentioned earlier the next targets for nifty will be 3040 and 3075. Closing above 3075-3080 will take us to 3150 a double top until now. Lets hope we are not playing truant this time around.

"Traders have been wiped out - Traders have risen time in time out - Traders who survive each fall are the traders who have a lot of discipline - and the disciplined traders are the traders to who ultimately make money - my best wishes for all of you to become disciplined traders"

MARKET VIEWS FOR 30TH DEC 2008

NIFTY SPOT CLOSED NEAR RESISTANCE OF 2930. CLOSING ABOVE THIS WILL TAKE US TO 2955 AND 3040 AND THE TOUGH RESISTANCE POINT OF 3075. SUPPORT WILL BE AT 2860 , IF BROKEN 2810 2755 2710 WILL BE SEEN.

STRATEGY FOR TOMMOROW WILL BE SHORT SELL NIFTY AT AROUND 2955 - 2980 LEVEL. PLEASE MAKE SURE YOU DONT SHORT IF THIS HAPPENS AFTER 2.30-2.45.

HAVE A NICE TRADING DAY - INTRADAY CALLS @ http://tradercalls.blogspot.com

Market Views Dec 26th and ahead.

Nifty spot has broken the support of 2860 - 2865, the next support at 2800-2790. There is something inside me telling that we will see a new nifty low this January contract. Please dont ask me the reason ..... i have a weird method of calculating nifty , which helped me assess the fall back in february (Check http://ramshare.blogspot.com/2008/01/nifty-views-looking-ahead.html) and in february posted in the TSR google groups http://groups.google.com/group/STOCKRESEARCHER/browse_thread/thread/1aff52a09a0b0e63?hl=en-GB . It is almost the same methodology iam using here . But i predicted a low of only 4120 but we saw 2500...... so are we going to see 2000 or even lower.

Iam not saying i calculated the nifty fall, but the negative news flow at that point of time enhanced my views of a Nifty fall. So what are the reasons or negative reasons that might lead to another round of sell offs. Lets all wait with bated breath...... and hope iam proved wrong!!!

INTRADAY CALLS 26TH DEC 2008

Please Visit http://tradercalls.blogspot.com for the Intraday calls hence forth all market related news etc will be posted in this blog.

Intraday Call for 24th Dec 2008

Sell Bharti Airtel - 710.85 (Below 709) - Sl 720 - Tgt 685 670
Sell HDIL - 145.5 - Sl 150 - Tgt 138.5 134.5

Calls for 23rd Dec 2008 - LT was on spot , RCOM didnt click. To compensate RCOM a call was given to shortsell RelInfra in the chat at 596 for a tgt of 583 was acheived. If any of my calls get active after 3pm, please dont enter into that call.

Intraday Calls 23rd Dec 2008

Sell LT - 815 - Sl 823 - Tgt 800 785 760
Sell RCOM - 213.5 - Sl 219 - Tgt 206 202 199

Call for 22nd Dec IBREALEST and WIPRO both hit tgt 1 and thats more than 5% and 3% in intraday respectivly.

Intraday Calls - 22nd Dec 2008

Buy - IBREALEST - 159.35 - Sl 153 - Tgt 169 190
Sell - WIPRO - 249 - Sl 254 - Tgt 241

BEL acheived 1st tgt and MARUTI both the 1st and 2nd tgts.

Intraday Calls - 19th Dec 2008

Buy BEL - 712 - Sl 702.5 - Tgt 728 742
Buy Maruti - 536 - Sl 530 - Tgt 546 560

Sterlite and Tatasteel both hit or were near target one. Hope everyone made profits.

" Bullet Proof Vest Important for a Police officer - Stop Loss important for a trader "

Intraday Calls - 18th Dec 2008

Sell Tata Steel - 219.35 - sl 223 - Tgt 213 196
Sell Sterlite - 271.85 - sl 276 - Tgt 256 245

Calls for 17th Dec - Bhel sl triggered - IVRCL infra hits target and much more...

Intraday Calls - 17th Dec 2008

Sell IVRCL Infra - 160.5 - sl 164 - Tgt 153

Buy Bhel - 1403.45 - sl 1390 - Tgt 1450

Calls for 16th Rcom hits tgt of 232 and hits of low 0f 229 ( 2nd and 3rd tgt not hit) 3% intraday profit in Rcom call.

RPL didnt tigger sl nor hit the tgt but gave ample opportunity to exit in profit.

Intraday Calls - 16th Dec 2008

Buy RPL - 90 - sl 88 Tgt 94

Sell Rcom - 238.25 - sl 242 - Tgt 232 225 222

Calls for 15th - Educomp opened above sl levels , Sunpharma reached near tgt one and then hit sl.

Intraday Calls for 15th Dec 2008

Buy Sun Pharma - 1105 - sl 1094 - Tgt 1135 - 1170
Sell Educomp - 2088 - sl 2115 - Tgt 2070 2050 2020 (possibilty of big fall upto 1920 - 1855 if 2020-2000 doesnt hold, not neccessarily for intraday , but surely for positional)

A Trader who traded the MRF Call on 12th Dec 08

[×] [o] hema: hi Ram 12 Dec 08, 20:09
[×] [o] Ramkumar: surat i wil update on sunday night 12 Dec 08, 20:09
[×] [o] hema: Thanks for ur MRF call 12 Dec 08, 20:09
[×] [o] hema: great call 12 Dec 08, 20:09
[×] [o] Ramkumar: i wont be here mahesh...if i m here....more than willing to help u\ 12 Dec 08, 20:09
[×] [o] Ramkumar: hi hema ....thanks and yw 12 Dec 08, 20:09
[×] [o] hema: unexpectectly booked @2000 12 Dec 08, 20:10
[×] [o] mahesh: ok, 12 Dec 08, 20:10
[×] [o] Ramkumar: great.i expected only 1900 max...coool yaaar ...how much profit :)12 Dec 08, 20:10
[×] [o] hema: magic ram 12 Dec 08, 20:10
[×] [o] hema: while i gave @1950sell it sod @2000 12 Dec 08, 20:11
[×] [o] Ramkumar: whooooo....thts wht luck is ..... 12 Dec 08, 20:11
[×] [o] hema: only 30 shares 12 Dec 08, 20:11
[×] [o] hema: Rs.5250 12 Dec 08, 20:11
[×] [o] Ramkumar: wowwww amazing 12 Dec 08, 20:12
[×] [o] hema: bht @ 1806 12 Dec 08, 20:12
[×] [o] hema: expecting more tips from u , great work 12 Dec 08, 20:12
[×] [o] Mr.Surat: oh hema congrates for your profit " src="http://us.i1.yimg.com/us.yimg.com/i/mesg/emoticons7/41.gif" border=0> 12 Dec 08, 20:12
[×] [o] hema: thanks Surat 12 Dec 08, 20:13
[×] [o] hema: Thank you (Smiley) Ram 12 Dec 08, 20:13

"Trading is Profitable only if you have a stop loss for all your trades "

Intraday Calls 12th Dec 2008

Sell BEL - 703 - sl 711 Tgt 690 677
Buy MRF 1803 - sl 1788 Tgt 1845 1885 1900

calls for 11th Dec ... Punj lloyd and Relcapital were sureshot hits, many who were even 5 minutes late to come into the markets would have missed the calls. I have given a BTST on Punj during market hours in the chat room.

Intraday Calls & Positional Calls 11th Dec 2008

Buy PunjLloyd 155.5 sl 148 Tgt 167 175 ( Take it as Intra as well as positional )
Buy Relcapital 464.5 sl 460 Tgt 471 477 ( If closing above 470 watch this counter move to 500 effortlessly but would suggest to play with TSL only)

Calls for 10th Dec 2008 ICICI & Bhel bang on targe almost 10% on icici bank and almost 5% in Bhel for Intraday........ :)

Intra day Calls 10th December 2008

Buy Bhel 1362 - Tgt 1390 1420 sl 1340
Buy ICICI Bank - 370 - Tgt 390 405 sl 357