Archives : DAILY MARKET OUTLOOK : 08/10/2008

100% CORRECT MARKET CRASH PREDICTION

MELTDOWN CONTINUES – 26/09/2008.

"If the Sensex and Nifty Breaks its previous double bottom then the chances are we may well be on the way to test Nifty 3677-3272 and Sensex 12177-10740."

JUST FANTASTIC.....EXACTLY WE PREDICTED THE BOTTOM AT 10740 LEVELS AND MARKET BOUNCED FROM THE SAME. CHEERS!!!   
 
DAILY MARKET OUTLOOK : 08/10/2008.
Market will open gap down. It is better to wait for higher levels to short than to short at the bottom levels. Markets will try and bounce from 3468-3430 levels.
Sensex Resistance 11866-11983-12068. Support 11501-11218-11058.
Nifty Resistance 3638-3658-3690. Support 3552-3537-3468-3430.
Sell ACC 591 SL 602 Tgt 579-562.
Sell L&T 1008 SL 1054 Tgt 982-972-930.
Sell MRPL 48 SL 50 Tgt 46-43.
Sell IndusInd 50 SL 51 Tgt 48-45.
Sell ICICI 485 SL 501 Tgt 464-442.
Sell HDFC 1950 SL 1981 Tgt 1928-1900.
Sell ABB 708 SL 721 Tgt 686-674.
Sell TCS 575 SL 590 Tgt 557-546.
Sell Bharti 748 SL 760 Tgt 728-714.

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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