Archives : DAILY MARKET OUTLOOK : 04/12/2008

DAILY MARKET OUTLOOK : 04/12/2008.

Market likely to continue its upward momentum. Volatility will play an important role so use dips for going long.

Sensex Resistance 8854-8894-8961-9055. Support 8609-8467-8316.

Nifty Resistance 2672-2693-2730-2790. Support 2639-2611-2570-2502.

Buy IVRCL Infra 138 SL 132 Tgt 152-159.

Buy REL 506 SL 489 Tgt 524-534-582.

Buy Jindal Steel 778 SL 749 Tgt 820-870.

Buy Tata Steel 164 SL 157 Tgt 172-176.

Buy BEL 630 SL 606 Tgt 660-702.

Buy Cesc 225 SL 221 Tgt 229-236.

Buy McDowell 853 SL 832 Tgt 874-889-917.

Buy Nag Const 60 SL 57 Tgt 65-69.

Buy Sail 64 SL 62 Tgt 69-76.

Buy Sun TV 172 SL 162 Tgt 184-190-202.

Buy Balrampur Chini 33.75 SL 31.25 Tgt 35.50-37.50-41.00.

Buy Sesa Goa 74 SL 72 Tgt 77-79.

Buy LIC Hsg 200 SL 192 Tgt 214-220.


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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