Archives : DAILY MARKET OUTLOOK : 17/07/2008

DAILY MARKET OUTLOOK : 17/07/2008.

Market likely to open with a gap up as the U.S. market has rallied overnight.  But please understand that if our market goes up, it will only give a Shorting opportunity. Bravehearts can go for short at higher levels.

Yesterday all our SELL recommendations hit our targets as usual.

Sensex & Nifty will face strong Resistance at 13283 & 3982 resp.

Sensex Resistance 12740-12822-13067-13283. Support 12453-12423-12316.

Nifty Resistance 3896-3920-3982. Support 3764-3745-3674.

Please note Reliance, RPL, HDFC, IDFC, Bata, Tata Steel, will once again present today with a selling opportunity.

So no levels for stocks today. Let the market hit resistance and then we will shot. DONT PANIC.

 


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.

Copyright © 2000 - 2018 Jatin Sanghavi. All rights reserved.
No part of the material on this website may be reproduced or distributed in any forms or by any means, electronics or mechanical without the written permission of the author.
Sitemap