Archives : DAILY MARKET OUTLOOK : 09/07/2008

DAILY MARKET OUTLOOK : 09/07/2008.

Just see once again the market obveyed what we predicted yesterday. Please understand market obeys technicals and nothing else. LEFT or right does not matter. Finally the uncertainity has ended and the market likes that.

Yesterday our Sell recommendations of Cairn, Reliance, Essar Oil, Balrampur Chini and Bajaj Hind went down and achieved more than their targets and Our Buy recommendations of VSNL, SBI, Bata and Crompton did well.

Sensex Resistance 13553-13629-13793-13984. Support 13292-13049-12822.

Nifty Resistance 4056-4093-4114. Support 3965-3907-3896.

Buy SRF 121 SL 118 Tgt 129-132.

Buy Crompton 244 SL 238 Tgt 252-259.

Buy BPCL 251 SL 243 Tgt 261-277.

Buy HPCL 203 SL 197 Tgt 210-220.

Buy Hindalco 145 SL 142 Tgt 151-154.

Buy OBC 134 SL 129 Tgt 144-151.

Buy L&T 2397 SL 2360 Tgt 2475-2512-2563.

Buy SBI 1207 SL 1182 Tgt 1249-1273-1308.

Buy Bhel 1498 SL 1456 Tgt 1568-1597.

Buy Alstom Proj 404 SL 387 Tgt 421-429-471.

Buy ABB 874 SL 851 Tgt 904-931-949.

Buy JP Hydro 46 SL 44 Tgt 49-52.

Buy Sasken Comm 142 SL 136 Tgt 148-158.

Buy Aurobindo Pharma 297 SL 292 Tgt 305-310.

Buy Ansal Infra 92 SL 87  Tgt 99-109.

Buy BOI 239 SL 233 Tgt 248-254.

Buy BOB 217 SL 213 Tgt 224-229.

Buy Orchid 261 SL 256 Tgt 270-277.

Buy Fin Tech 1829 SL 1785 Tgt 1855-1942.

Buy NTPC 161 SL 158 Tgt 170-172.

 


Disclaimer : The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness.

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