Archives : DAILY MARKET OUTLOOK : 11/04/2008
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DAILY MARKET OUTLOOK : 11/04/2008.
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Market will open strong and inflation figure which will be announced in the afternoon will be the key, expect huge volatility.
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Yesterday the stars were Educomp, Sesa Goa, Sasken Comm, Cairn India, SRF & RIL all reached their targets.
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Sensex Resistance at 15784-15906-15953-16065. Support at 15615-15464-15297.
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Nifty Resistance at 4753-4799-4827. Support at 4703-4667-4628.
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Guj Alkali 174 SL 168 Tgt 183-188.
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RPL 175 SL 171 Tgt 181-187.
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RIL 2450 SL 2420 Tgt 2489-2550.
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Cairn 239 SL 234 Tgt 246-255.
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Hind Oil Exp.134 SL 127 Tgt 142-145-152.
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Tata Chem 322 SL 315 Tgt 328-336.
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McDowell 1728 SL 1705 Tgt 1746-1772.
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Chennai Petro 314 SL 305 Tgt 324-333.
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GVK Power 42 SL 40 Tgt 46-50.
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Aurobindo Pharma, Divis Lab (above 1420), CMC and Aban Lloyd look good.
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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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