Archives : DAILY MARKET OUTLOOK : 16/05/2008

For the Investors & Traders in Gujarat : 

2 Day Workshop on May 18 & 19, at Bhavnagar, Derivatives F&O strategies by Mr Jatin Sanghavi.

Learn to make money in Bull or Bear market.

Learn to protect your portfolio.

Please Register immediately to avoid disappointment later.

Venue Hotel Blue Hill, Bhavnagar.

For Registration details contact: 98205 26455, Mr Hitesh 94272 32363.

 

DAILY MARKET OUTLOOK : 15/05/2008.

Once again majority of our recommendations Hindalco, Nalco, GE Shipping, RCom, Orchid,SW Steel, Nalco, Network18, JP Associates, Hind Zinc & Patni reached their targets !!!

Markets in momentum mode. Both Sensex & Nifty closed above strong resistances. Inflation data in the noon will provide the daily dose of volatility. Watch out at noon.

Sensex Resistance 17482-17552-17611. Support 17206-17079-16970.

Nifty Resistance 5174-5187-5239-5257. Support 5066-5026-4975.

Hindalco 204 SL 198 Tgt 210-217.

Jindal Steel & Power 2387 SL 2339 Tgt 2485-2500-2630.

Sun TV 350 SL 342 Tgt 367-376.

RIL 2622 SL 2582 Tgt 2664-2700-2718.

Infosys 1893 SL 1875 Tgt 1930-1950.

Maruti 821 SL 810 Tgt 840-860.

Matrix 185 SL 182 Tgt 194-198.

WWIL 41 SL 40 Tgt 44.85-47.50.

Renuka Sugar 137 SL 130 Tgt 149-156.

Bajaj Hind 239 SL 234 Tgt 247-251.

JK Bank 744 SL 720 Tgt 780-814.

NIIT Tech 148 SL 145 Tgt 155-162-178.

Nalco 519 SL 506 Tgt 531-545.

Escorts 101 SL 97 Tgt 107-109-112.

RCom 589 SL 573 Tgt 604-616.

JSW Steel 1033 SL 1011 Tgt 1061-1078-1097.

Great Offshore 677 SL 664 Tgt 692-725.

Parsvanath 221 SL 214 Tgt 228-240.

Orbit Corp 503 SL 493 Tgt 514-531-564.

GTL Infra 51 SL 50 Tgt 55-58-60.

 


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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