Archives : DAILY MARKET OUTLOOK : 07/05/2008

DAILY MARKET OUTLOOK : 07/05/2008.

Market has closed below the 200 Dma. It will be critical for the Sensex to close above 17400 and Nifty above 5158 for the long term trend to be positive.

Inspite of the market being weak, our stocks like Maharashtra Seamless, NiiTLtd, BEML and Spice Tele did really well and achieved their targets as well.

Sensex Resistance 17443-17502-17735. Support 17237-17137-17076.

Nifty Resistance 5181-5206-5254. Support 5110-5079-5054-5011.

NIIT Ltd 109 SL 105 Tgt 115-120.

Polaris 109 SL 106 Tgt 116-119-122.

Sterlite Ind 861 SL 845 Tgt 879-897.

BEML 1165 SL 1145 Tgt 1195-1217-1239.

Satyam 496 SL 482 Tgt 509-513.

Bharat Forge 306 SL 299 Tgt 313-320.

MRPL 104 SL 102 Tgt 109-113.

Chennai Petro 389 SL 377 Tgt 399-411.

Strides Arcolab 205 SL 199 Tgt 218-221.

Maharashtra Seamless 341 SL 334 Tgt 348-355.

Tech Mahindra 942 SL 900 Tgt 969-981-1040.

Dabur 109 SL 106 Tgt 113-116.

UBI 172 SL 169 Tgt 179-188.

Spice Tele 43 SL 41 Tgt 46-49.

Aftek Info 54 SL 52 Tgt 59-63.

Usha Martin 102 SL 97 Tgt 108-112.

Allied Digital 906 SL 880 Tgt 972-987.

Fedders Lloyd 65 SL 60 Tgt 72-81.

3i Infotech 131 SL 125 Tgt 138-145.

 

 


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