Archive for December, 2008

INTRADAY CALLS – 31/12/08 – VIJAY



WHEN DATA ON CONSUMER CONFIDENCE (OR THE LACK OF IT?) WHICH   DROPPED TO

MORE THAN EXPECTED  TO AN ALL TIME LOW AT 38  WAS RELEASED DOW FELL TO THE

LOWEST LEVELS OF THE DAY  AND RECOVERED SMARTLY TO THE DAY`S HIGH OF 8675,

AND CLOSED AT 8668 GAINING  184 POINTS ON ANOTHER LOW VOLUMES DAY.

ACCORDING TO  S&P/CASE-SHILLER COMPOSITE INDEX  FOR OCTOBER, HOME PRICES

WERE DOWN 18% YEAR OVER YEAR.  FINANCIALS SAVED THE DAY FOR DOW JONES.

MOST OF THE ASIAN MARKETS ARE CLOSED FOR YEAR END.

NIFTY FUTURES  YESTERDAY OPENED AT 2949, FELL TO A LOW OF 2903 RALLIED TO 3012

AND CLOSED AT 2975  GAINING 38 POINTS.

DO NOT AVOID SL AND HEDGING IS THE ONLY WAY TO SUSTAIN THE VOLATILE

MARKET.HAVE A PROFITABLE DAY. REPLIES AT THIS COLUMN OR AT

VIJAY.CALLS@YAHOO.CO.IN


NOTE:  SURE SHOT CALLS ARE GIVEN BY DSTREETDIRECT UNTIL WE START OUR CALLS.

NIFTY FUTURE SUPP LEVELS 2900,2820 RESISTANCE LEVELS 3045,3135. NIFTY

FUTURE MAY OPEN HIGHER ON U.S. GAINS AND MAY STAY POSITIVE FOR THE

DAY .  HOWEVER WE ADVISE  BOOKING PROIFTS AT RESISTANCE LEVELS.

QUARTERLY RESULTS MAY IMPACT THE MARKETS IN THE COMING WEEKS.

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Wednesday, December 31st, 2008 Intraday Calls No Comments

INTRADAY CALLS – 30/12/08 – VIJAY

NIKKEI ENDS THE YEAR WITH 42 PERCENT LOSS

IT WAS ANOTHER LACKLUSTRE DAY BEFORE THE YEAR END FOR THE DOW. WITH NO

ECONOMIC NEWS FOR THE DAY DOW OPENED FLAT AND WENT DOWN TO THE LOW OF

8364 LOSING 151 POINTS FROM THE PREVIOUS CLOSE AND RECOVERED MOST OF

LOSS ON THE STRENGTH OF ENERGY SECTOR AND CLOSED AT 8483 WITH A LOSS OF

31 POINTS ON POOR VOLUMES. CRUDE HARDENED ABOVE $40 ON MIDDLE EAST CRISIS.

NIKKEI GAINED 112 POINTS IN A HALF DAY SESSION AND ENDED THE YEAR WITH

OVER 42 PERCENT LOSS.

NIFTY FUTURE YESTERDAY OPENED AT 2862 AND WENT DOWN TO THE LOW OF 2817 AND

RECOVERED SHARPLY LATR IN THE DAY TO THE HIGH OF 2951 AND CLOSED AT 2937

GAINING  71 POINTS.

DO NOT AVOID SL AND HEDGING IS THE ONLY WAY TO SUSTAIN THE VOLATILE

MARKET.HAVE A PROFITABLE DAY. REPLIES AT THIS COLUMN OR AT

VIJAY.CALLS@YAHOO.CO.IN


NOTE:  SURE SHOT CALLS ARE GIVEN BY DSTREETDIRECT UNTIL WE START OUR CALLS.

NIFTY FUTURE SUPP LEVELS  2820,2801 RESISTANCE LEVELS  2959,2996,3045.

NIFTY FUTURE YESTERDAY RECOVERED EXACTLY FROM OUR SUPP LEVEL AND

ENDED NEAR THE RESISTANCE LEVEL GIVEN BY US.  NIFTY FUTURE MAY FIND SOME

RESISTANCE AROUND 3000 LEVELS AND MAY GAIN SOME STRENGTH ON A

CLOSE ABOVE 3050. SECOND STIMULUS PACKAGE WHICH IS EXPECTED BEFORE

THE WEEK END KEEPS THE MARKET FLOATING. HOWEVER, NEW YEAR MAY

BRING MORE VOLATILITY.

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Tuesday, December 30th, 2008 Intraday Calls No Comments

INTRADAY CALLS – 29/12/08 – VIJAY

MARKETS GRASP FOR POSITIVE NEWS

DOW SEEMS TO BE QUIET AT THE FAG END OF THE EXTRAORDINARY YEAR NOT ONLY

BECAUSE OF VACATIONS, BUT BECAUSE OF INVESTORS AND TRADERS APATHY

TOWARDS THE MARKET. DOW ON FRIDAY WAS IN A NARROW RANGE  BETWEEN 8461

AND  8533 AND CLOSED AT 8515 GAINING 47 POINTS ON VERY LOW VOLUMES.  GM

GAINED NEARLY 13 PERCENT ON THE NEWS OF ITS FINANCIAL ARM  GMAC BECOMING

A BANKING HOLDING COMPANY. HOLIDAY SHOPPING SEASON 2008, WAS THE WEAKEST

IN RECENT YEARS FOR MOST OF THE RETAILERS EXCEPT AMAZON.COM. WITH KUWAIT

TURNING ITS BACK ON DOW CHEMICALS FROM THE $17.4 BILLION VENTURE,

THE SENTIMENTS ARE NOT PINK FOR THE COMING DAY. CRUDE GAINS ON ISRAEL STRIKES .

NIKEEI IS DOWN BY  70 POINTS AT THIS TIME AFTER OPENING POSITIVELY.

NIFTY FUTURE ON THE OPENING DAY OF JANUARY SETTLEMENT WAS A LOSER AS SAID

BY US ON FRIDAY . NIFTY FUTURE OPENED HIGHER ON FRIDAY AT 2974 AND STARTED

FALLING  TILL THE END TO THE LOW OF 2856 AND CLOSED AT 2866.

DO NOT AVOID SL AND HEDGING IS THE ONLY WAY TO SUSTAIN THE VOLATILE

MARKET.HAVE A PROFITABLE DAY. REPLIES AT THIS COLUMN OR AT

VIJAY.CALLS@YAHOO.CO.IN

NOTE:  SURE SHOT CALLS ARE GIVEN BY DSTREETDIRECT UNTIL WE START OUR CALLS.


NIFTY FUTURE SUPP LEVELS  2820, 2801,2776 RESISTANCE LEVELS  2959,2996,3045. WE

ADVISED NO LONGS BELOW  2910 ON FRIDAY. AS EXPECTED BY US THE NIFTY FUTURE

WAS WEAK ON THE OPENING DAY OF THE SETTLEMENT AND MAY OPEN LITTLE

LOWER TODAY. AVOID LONG IF NIFTY TRADES BELOW 2800 FOR THE DAY.

TENSION WITH PAKISTAN, ISRAEL STRIKES AND CORPORTE RESULTS  ARE SOME

NEWS WHICH MAY KEEP THE MARKET VOLATILE IN THE COMING DAYS.. A CLOSE

ABOVE  3045 MAY  IMPART SOME STRENGTH TO THE MARKETS.

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Monday, December 29th, 2008 Intraday Calls No Comments

INTRADAY CALLS – 26/12/08 – VIJAY

MARKETS SUBDUED AHEAD OF YEAR END

IN THE SHORTENED SESSION AHEAD OF CHRISTMAS DOW MANAGAED TO STAY IN THE

POSITIVE ZONE THROUGH OUT THE DAY AND WAS RANGE BOUND BETWEEN  8416

AND 8498 AND CLOSED’AT 8468 GAINING 48 POINTS ON VERY LOW VOLUMES. AFTER

THE AUTO MAJORS IT IS NOW THE TURN OF RETAILERS TO SEEK SOP FROM THE

GOVERNMENT ON TOP OF A LACKLUSTRE FESTIVE SEASON. JOBLESS CLAIMS FOR THE

WEEK ENDING DEC 20 WAS HIGHER THAN THE  CONSENSUS ESTIMATE AT 586000

REFLECTS WEAK LABOR MARKET CONDITIONS. CRUDE IS TRADING  LOWER AROUND

$36. AS MOST OF  THE WORLD MARKETS ARE CLOSED TILL WEEK END,

NIKKEI IS TRADING UP BY 84 POINTS AS OF NOW.

NIFTY DECEMBER FUTURE  OPENED LOWER AT 2961 AND WITH DAY`S HIGH AT 2964 WAS

TRADING BELOW THE PREVIOUS DAY` CLOSE THROUGH OUT ON THE SETTLEMENT DAY AND

CLOSED AT 2917, BUT NOT BEFORE FALLING TO THE DAY`S LOW OF 2904, NETTING A LOSS OF

57 POINTS FOR THE DAY. THE ACTIVE RANGE OF THE PREVIOUS SETTLEMENT WAS  588

POINTS BETWEEN 2530 AND 3118, WHICH WAS LESS VOLATILE THAN THE EARLIER

SETTLEMENT.

DO NOT AVOID SL AND HEDGING IS THE ONLY WAY TO SUSTAIN THE VOLATILE

MARKET.HAVE A PROFITABLE DAY. REPLIES AT THIS COLUMN OR AT

VIJAY.CALLS@YAHOO.CO.IN

NIFTY FUTURE SUPP LEVELS  2920,2820 RESIST 2996, 3045.  NIFTY FUTURE MAY OPEN

NEAR FLAT LEVELS. AVOID LONG FOR THE DAY IF NIFTY TRADES BELOW 2910 FOR THE DAY.

WITH QUARTERLY RESULTS AHEAD WE SEE SOME VOLATILITY IN THE MARKET IN THE

FIRST WEEK OF JANUARY.  NIFTY FUTURE MAY STRUGGLE AT THE RESISTANCE LEVELS

GIVEN ABOVE.  AS OF NOW THE OUT LOOK FOR NIFTY FUTURE IS WEAK AND WE MAY SEE

LOWER LEVELS. ANY INDICATION OF REVERSAL WILL BE ADVISED S AND WHEN IT HAPPENS.

NOTE:  SURE SHOT CALLS ARE GIVEN BY DSTREETDIRECT UNTIL WE START OUR CALLS.

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Friday, December 26th, 2008 Intraday Calls 1 Comment

INTRADAY CALLS – 24/12/08 – VIJAY

MERRY CHRISTMAS

SANTA CLAUS  MUST BE SLEDGING DOWN THE VALLEY AWAY FROM THE WALL ST AND

THE MAIN STREET AS WELL,  AS DOW JONES SLIDES FOR THE FIFTH DAY AND ANY

HOPE OF A YEAR END RALLY BURIED UNDER THE SHEET OF SNOW WITH FIVE

CONTINUOUS LOSSES AND THE  WHIMSICAL YEAR THAT BEGAN SO WELL ENDS

IN A WHIMPER.

DOW OPENED AND WENT UP TO THE DAY`S HIGH OF8604 GAINING 85 POINTS FROM THE

PREVIOUS CLOSE, BUT  FAILED  TO SUSTAIN THOSE LEVELS AND FELL TO THE LOW OF

8391 AND CLOSEDAT 8419 WITH MINIMUM THREE DIGIT LOSS ON LOW VOLUMES.

FINANCIALS WERE DOWN BY NEARLY TWO PERCENT. THE DATA ON NEW HOME SALES

AND EXISTING HOME SALES WHICH  DECLINED 2.9% AND 8.6% TO MULTIYEAR LOWS CUT

SHORT ANY  POSSIBLE RALLY. ASIAN MARKETS ARE NO BETTER AND ARE TRADING AT

LOSS WITH NIKKEI DOWN BY  207 POINTS AT THIS TIME.

NIFTY DECEMBER FUTURE  OPENED LOWER AT 3032 AND CONTINUED ITS FALL TO THE DAYS

LOW OF 2960 AND CLOSED NEAR AT 2974 LOSING 75 POINTS.

DO NOT AVOID SL AND HEDGING IS THE ONLY WAY TO SUSTAIN THE VOLATILE

MARKET.HAVE A PROFITABLE DAY. REPLIES AT THIS COLUMN OR AT

VIJAY.CALLS@YAHOO.CO.IN

NIFTY FUTURE SUPP LEVELS 2950, 2930,2820 RESIST 3039,3112,3155. NIFTY FUTURE

MAY OPEN LOWER AND STAY RANGE BOUND  ON THE SETTLEMENT DAY AND

THE MOVEMENTS WILL BE STOCK SPECIFIC.  AS WE HAVE BEEN SAYING WE ARE

YET TO SEE A STRONG BOTTOM AND HENCE KEEP BOOKING PROFITS AT

HIGHER LEVELS. AVOID LONG BELOW 2930 FOR THE DAY.

NOTE:  SURE SHOT CALLS ARE GIVEN BY DSTREETDIRECT UNTIL WE START OUR CALLS.

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Wednesday, December 24th, 2008 Intraday Calls No Comments

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