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Archives : DAILY MARKET OUTLOOK : 06/05/2008

DAILY MARKET OUTLOOK : 06/05/2008.

Market likely to be choppy. The Averages and various indicators indicate positive bias in the market. So buy strong stocks when the market corrects.

Sensex Resistance 17629-17735-17800. Support 17433-17393-17079.

Nifty Resistance 5227-5254-5272. Support 5172-5154-5079.

Hind Construction 145 SL 137 Tgt 150-158-162.

Lanco Infra 543 SL 535 Tgt 565-573.

Essar Oil 290 SL 282 Tgt 300-314-321.

BEML 1145 SL 1125 Tgt 1180-1217-1248.

Maharashtra Seamless 327 SL 313 Tgt 338-354.

NIIT Ltd. 104 SL 102 Tgt 108-113-117.

GE Shipping 452 SL 435 Tgt 465-482.

PFC 186 SL 176 Tgt 197-202.

Torrent Power 139 SL 134 Tgt 146-155.

Jindal Steel & Power 2454 SL 2402 Tgt 2550-2568-2630-2685.

IVRCL Infra 468 SL 449 Tgt 485-493.

Orbit Corp 549 SL 518 Tgt 580-592.

Everonn Systems 793 SL 770 Tgt 818-835-852.

Spice Tele 42 SL 40.75 Tgt 45.80-49.80.

Zee News 62 SL 61 Tgt 67-73.

 
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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