Archives : DAILY MARKET OUTLOOK : 23/05/2008


Just check out our recommendations yesterday, inspite of the market being very weak, majority of our recommendations did exceptionally. The stars being ABAN Lloyd, NIIT Tech, I-Flex, Educomp and Great Offshore.

Market is hanging on a very crucial support, should expect some bounce from here.

Sensex Support 16825-16788-16546. Resistance 17014-17085-17104.

Nifty Support 4990-4932-4913. Resistance 5062-5082-5111.

I-Flex 1506 SL 1484 Tgt 1534-1569.

Aban Offshore 4176 SL 4140 Tgt 4280-4359-4444.

NIIT Tech 156 SL 152 Tgt 167-178.

MindTree 471 SL 462 Tgt 492-498.

Sterlite Ind 950 SL 928 Tgt 978-990-1020.

Hindalco 197 SL 194 Tgt 201-206-210.

Nalco 533 SL 524 Tgt 547-557.

Tulip IT 960 SL 935 Tgt 990-1020-1040.

Mahindra Life 633 SL 616 Tgt 650-662-675.

Great Offshore 748 SL 731 Tgt 774-803.

Educomp 4089 SL 4020 Tgt 4165-4212.

Andhra Sugar 101 SL 99 Tgt 106-109.

SE Asia Marine 168 SL 159 Tgt 182-189.


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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