Archives : DAILY MARKET OUTLOOK : 24/10/2008
DAILY MARKET OUTLOOK : 24/10/2008.
Market likely to test support. It is suggested to wait for the closing. There is no semblance of stability in the market. But I will advise not to short very aggressively. I will try and risk in buying OTM calls.
Sensex Resistance 9856-9911-10172-10239. Support 9591-9449-9072-8799.
Nifty Resistance 2985-3046-3093-3158. Support 2894-2838-2748-2691.
Sell IOC 371 SL 383 Tgt 358-345-339.
Sell TVS Motors 30.70 SL 32.50 Tgt 29-26.
Sell BOI 256 SL 266 Tgt 248-245.
Sell Bharati 615 SL 638 Tgt 600-588-556.
Sell VSNL 420 SL 438 Tgt 400-392-380.
Sell SRF 84 SL 87 Tgt 90-70-65.
Sell Dena Bank 33 SL 35 Tgt 31.50-30.00-28.00.
Sell Andhra Bank 51 SL 53.60 Tgt 48-45.
Sell Synd Bank 60 SL 61.40 Tgt 56.55-52.50.
Sell RPower 107 SL 112 Tgt 102-95.
Sell HDFC 1763 SL 1815 Tgt 1682-1641-1586.

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