Archives : DAILY MARKET OUTLOOK : 14/05/2008

For the investors & traders in Gujarat, 2 day workshop May 18 & 19, on Derivatives F&O strategies by Mr Jatin Sanghavi. Please register immediately to avoid disappointment later. Venue Hotel Blue Hill, Bhavnagar. For details call 98205 26455, Mr Hitesh 9427232363.

DAILY MARKET OUTLOOK : 14/05/2008.

Just see market was not able to close above our levels and the result is for you to see. It just respected our resistance levels and exactly stopped at out support. As always !!!

Our recommendations JSW steel, Nalco, Praj Ind, Webel Energy, Shree Precoated, ITC, Mundra Port and Mastek all reached their targets despite of so much volatility in the market.

Sensex Resistance 16848-16920-16999-17085. Support 16683-16589-16513-16421.

Nifty Resistance 5005-5036-5064. Support 4930-4912-4883-4856.

Nalco 481 SL 471 Tgt 495-504.

Network18 245 SL 236 Tgt 263-269.

Tata Tea 929 SL 916 Tgt 949-964.

HCL Tech 293 SL 287 Tgt 300-308.

JSW steel 959 SL 946 Tgt 988-1014.

GE Shipping 466 SL 460 Tgt 473-482-493.

Redington 357 SL 343 Tgt 372-386.

JP Associates 252 SL 246 Tgt 263-269.

Orchid Chem 258 SL 251 Tgt 266-278.

Shivvani Oil 662 SL 643 Tgt 708-737.

Moser Baer 184 SL 177 Tgt 193-202.

Mahindra Life 615 SL 592 Tgt 650-661-699.

Birla Corp 210 SL 205 Tgt 219-226.

Excel Crop Care 126 SL 121 Tgt 133-150.

Jain Irrigation 650 SL 640 Tgt 663-680.

I-Flex 1326 SL 1272 Tgt 1395-1422.

 


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