Archives : DAILY MARKET OUTLOOK : 17/04/2008
DAILY MARKET OUTLOOK : 17/04/2008.
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Markets in rocking mood. Yetsrerday almost all stocks like Tech Mahind, Rolta, Satyam, Mindtree, I-Flex, Naukri, KLG, CMC, GAIL, Polaris, Titan, RPL, and Essar Oil.  But the star was Tech Mahindra. 
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Once again Nifty resistance given by us was 4954 and it reversed from 4952, it seems that market has made a habit of reversing from our resistance levels !!!
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Today Nifty will open with a gap, but once again it will be important to close above 4951. Inflation figure to be announced at noon will make the market choppy. If inflation comes lower then expected, the current rally to gain further strength and momentum.  
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SENSEX RESISTANCE AT 16315-16397-16452-16613. SUPPORT AT 16148-16099-15829.
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NIFTY RESISTANCE AT 4939-4951-4971-5019-5036. SUPPORT AT 4874-4857-4791-4761.
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Aban Lloyd 3502 SL 3445 TGT 3588-3674-3762.
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RIL 2642 SL 2611 TGT 2690-2779.
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SRF 114 SL 110 TGT 120-124.
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TECH MAHIND 913 SL 883 TGT 946-970-981.
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Guj Alkali 194 SL 187 TGT 202-217.
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Gail 455 SL 447 TGT 463-468-475.
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Sesa Goa 3199 SL 3161 TGT 3299-3329-3340.
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Neyvelli Lignite 139 SL 134 TGT 152-157.
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Century Textiles 788 SL 763 TGT 820-829-849.
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Lanco Infra 435 SL 415 TGT 458-468.
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Infosys 1600 SL 1567 TGT 1650-1687.
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Alok Ind 64 SL 63 TGT 68-70.
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Arvind 46 SL 44 TGT 49-52.
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IFCI 48 SL 46 TGT 52-54.
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Tata Chem 330 SL 325 TGT 338-354.
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Chambal Fert 56 SL 54 TGT 60-63.
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NDTV 409 SL 399 TGT 417-424-428.
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Gitanjali Gems 251 SL 242 TGT 258-266.
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Sasken Comm 140 SL 134 TGT 154-162.
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Bharat Forge 288 SL 284 TGT 295-302.
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Shree Ashtavinayak 400 SL 387 TGT 417-424-435.
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Rohit Ferro 83 SL 81 TGT 89-97.
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Lok Housing 125 SL 117 TGT 138-142-154.
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Nicholas Piramal, IRB, Cummins, CMC, GDL, Sterlite Optic showing good build up.

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