Archives : DAILY MARKET OUTLOOK : 15/07/2008

DAILY MARKET OUTLOOK : 15/07/2008.

As predicted the markets were very volatile and that will be the case even today. We asked you to short at higher levels and see the result. Once again to remind you that this is a Bear Market and all rallies will be sold into.

Sensex Resistance 13417-13453-13559. Support 13208-13049-12822.

Nifty Resistance 4064-4096-4118. Support 3969-3955-3896-3848.

Sell I-Flex 1303 SL 1339 Tgt 1260-1212.

Sell Bata 154 SL 159 Tgt 148-143-138.

Sell Infosys 1555 SL 1608 Tgt 1501-1472.

Sell HCL Tech 224 SL 232 Tgt 217-206-201.

Sell Axis Bank 634 SL 650 Tgt 616-566.

Sell Satyam 409 SL 428 Tgt 388-378-351.

Sell NIIT Tech 115 SL 119 Tgt 107-103.

Sell ITC 169 SL 172 Tgt 165-157.

Sell Wipro 403SL 410 Tgt 388-375.

Sell TCS 767 SL 784 Tgt 750-720.

Sell Tata Power 998 SL 1020 Tgt 965-947.

Sell Rolta 283 SL 294 Tgt 270-265-256.

Sell PFC 113 SL 117 Tgt 105-98.

Sell CESC 350 SL 366 Tgt 339-335-318.

Sell RIL 2043 SL 2075 Tgt 1990-1956-1930.

Sell HDFC Bank 1031 SL 1050 Tgt 996-960.

Sell IVRCL 299 SL 307 Tgt 285-280-257.

Sell Fin Tech 1631 SL 1710 Tgt 1639-1620-1595.

Sell L&T 2386 SL 2422 Tgt 2302-2256-2202.

Sell Fed Bank 169 SL 175 Tgt 158-153.

 


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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