Archives : DAILY MARKET OUTLOOK : 12/06/2008

DAILY MARKET OUTLOOK : 12/06/2008.

Once again people mistook yesterday's rally as resumption of uptrend, but PLEASE DONT WASTE YOUR HARD EARNED MONEY IN BUYING, BECAUSE THIS IS THE MOTHER OF ALL BEAR MARKETS !!! Your strategy should be to SELL on every rise.

Sensex Support 15009-14833-14645-14401. Resistance 15265-15314-15465.

Nifty Support 4448-4369-4289. Resistance 4469-4499-4536.

SELL Sterlite Ind 797 SL 812 Tgt 767-759.

SELL Punj Lloyd 254 SL 264 Tgt 239-228.

SELL Educomp 3444 SL 3550 Tgt 3300-3215.

SELL RIL 2261 SL 2285 Tgt 2175-2145.

SELL GMR Ind 108 SL 113 Tgt 97-93.

SELL SBI 1310 SL 1328 Tgt 1250-1180.

IFCI may show some positive movement.

 


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