Archives : DAILY MARKET OUTLOOK : 24/06/2008


Market likely to come down after going up somewhat. Any rise will look like a mirage as there will be no respite from the bears. The strategy is to adopt is to short every rise.

Yesterday our short calls were 100% accurate as RIL, Bharti, L&T, ABB, Sterlite, Aban all reached their downside targets !!!

Sensex Resistance 14423-14495-14581. Support 14163-14033-13882.

Nifty Resistance 4333-4351-4369. Support 4184-4117-4059.

Sell Reliance 2025 SL 2059 Tgt 1948-1912-1845.

Sell Bharti 758 SL 775 Tgt 730-706.

Sell RPL 169 SL 174 Tgt 161-154.

Sell Aban Lloyd 3166 SL 3239 Tgt 3133-3095-3010.

Sell L&T 2397 SL 2468 Tgt 2365-2296-2241.

Sell Suzlon 228 SL 238 Tgt 221-206.

Sell Praj Ind 176 SL 185 Tgt 169-164.

Sell NIIT 101 SL 105 Tgt 98-95.

Sell IDEA 102 SL 106 Tgt 97-94.

Sell Crompton Greaves 228 SL 236 Tgt 220-216.


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