Archives : DAILY MARKET OUTLOOK : 16/01/2008
YESTERDAY MARKET BROKE IMPORTANT SUPPORT LEVELS AND THE SHORT TERM TREND IS NEGATIVE.
MARKET IS IN A DOWNWARD MOMENTUM AND IT WILL CONTINUE UNTILL IT FINDS STRONG SUPPORT.
STRONG SUPPORT FOR NIFTY EXISTS AT 5942-5881. FOR SENSEX MAJOR SUPPORT IS SEEN AT 19740-19587.
SENSEX RESISTANCE AT 20530-20679-20959. SUPPORT AT 20077-19587-19212.
NIFTY RESISTANCE AT 6112-6262-6314. SUPPORT AT 6016-5942-5881.
GREAT OFFSHORE 1100 SL 1060 TGT 1154-1198-1300.
LIC HOUSING 372 SL 359 TGT 384-399.
WELSPUN GUJARAT 512 SL 504 TGT 534-544-560.
JAIN IRRIGATION 694 SL 678 TGT 726-748.
EDUCOM, BANK OF INDIA LOOK INTERESTING.

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