Archives : DAILY MARKET OUTLOOK : 26/05/2008

DAILY MARKET OUTLOOK : 26/05/2008.

Market will open with gap down. Bearish sentiment will take the Sensex to test 16200 and 15461. Nifty is headed towards 4788-4561.

Please SELL index heavyweights on every rise to mint unexpected profit.

Sensex Support 16546-16457-16365-16202-15845. Resistance 16818-16868-17057.

Nifty Support 4883-4788-4561. Resistance 4981-4998-5040-5062.

SELL L&T 2843 SL 2900 Tgt 2757-2610.

SELL Unitech 268 SL 278 Tgt 256-245.

SELL NTPC 176 SL 182 Tgt 166-161.

SELL Rel Cap 1321 SL 1377 Tgt 1251-1236.

Brave hearts who want to buy at any cost can consider the following:

PSL holding 387 SL 377 Tgt 407-427.

Gitanjali Gems 306 SL 297 Tgt 320-327.

Graphite 76 SL 72 Tgt 81-87.

Tata Elxsi 203 SL 195 Tgt 217-223.

Tata Chem 383 SL 377 Tgt 394-401.

Shriram Transp 337 SL 325 Tgt 359-379.

Lupin 683 SL 650 Tgt 745-767.

 


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