Archives : DAILY MARKET OUTLOOK : 20/06/2008

DAILY MARKET OUTLOOK : 20/06/2008.

Yesterday most of our SELL recommendations like PNB, HCL Tech, HDFC Bank, ICICI Bank, Bharti Airtel & RIL achieved their targets. Our BUY recommendation of Ankur Drugs also achieved its target.

Today Volatility will be very high. Inflation figure will be critical. If in double digit, market will come down.

Sensex Resistance 15136-15259-15314-15390. Support 15051-15021-14747-14677.

Nifty Resistance 4522-4541-4587. Support 4472-4462-4448-4392.

Buy Kohinoor 111 SL 105 Tgt 119-124-128.

Buy Guj Siddhee 23 SL 22 Tgt 24.80-26.

Buy Broadcast 33 SL 31 Tgt 36-37.50.

Buy Bajaj Hind 188 SL 182 Tgt 196-202.

Buy Triveni Engg 95 SL 92 tgt 101-106.

Buy KS Oil 65 SL 64 Tgt 70-72.

Buy Cairn Ind 284 SL 276 Tgt 293-304.

Buy Praj Ind 196 SL 189 Tgt 204-207.

Sell HCL Tech 273 SL 283 Tgt 267-256.

Sell Hindalco 172 SL 179 Tgt 167-160.

Sell TCS 888 SL 905 Tgt 872-867-857.


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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