Archives : DAILY MARKET OUTLOOK : 04/07/2008


Markets are getting very volatile to say the least. Today will be no different, as inflation will provide the volatility. My sincere advise is to buy at lower levels as and when they come. Right now it might sound scary, but in the next 10 to 15 days, one can expect atleast 12 to 15% upside for certain oversold stocks.

Sensex Resistance 13268-13344-13434. Support 12904-12822-12774-12400.

Nifty Resistance 3979-4042-4093. Support 3874-3848-3823.

Buy I-Flex 1419 SL 1362 Tgt 1474-1525.

Buy SBI 1100 SL 1060 Tgt 1125-1139-1156.

Buy Bhel 1402 SL 1376 Tgt 1445-1464-1496.

Buy Orchid 242 SL 236 Tgt 248-252.

Buy DCB 47 SL 45 Tgt 50-53.

Stay light and dont trade too much. Because Volatility is killing.


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.

Copyright © 2000 - 2019 Jatin Sanghavi. All rights reserved.
No part of the material on this website may be reproduced or distributed in any forms or by any means, electronics or mechanical without the written permission of the author.