Archives : DAILY MARKET OUTLOOK : 30/07/2008

DAILY MARKET OUTLOOK : 30/07/2008.

Market likely to open up but sustainability at higher levels will be difficult. Go short at higher levels in Financial and Reliance stocks.

Sensex Resistance 13841-13929-14133. Support 13727-13663-13445.

Nifty Resistance 4219-4273-4312. Support 4159-4129-4093.

Buy Sesa Goa 3234 SL 3150 Tgt 3339-3416.

Buy MRPL 66 SL 65 Tgt 69-73.

Buy Bongaigaon Ref 64 SL 62 Tgt 67-70.

Buy BRFL 341 SL 331 Tgt 348-360.

Buy Polaris 100 SL 97 Tgt 105-108.

Buy TVS 31 SL 29.50 Tgt 32.60-34.00.

Buy Selan Exp 309 SL 292 Tgt 325-334.

Buy Gwalior Chem 103 SL 97 Tgt 110-114.

Sell BoB 227 SL 236 Tgt 221-216.

Sell Reliance 2088 SL 2156 Tgt 2050-1990-1931.

Sell RCOM 490 SL 499 Tgt 482-472-461.

Sell OBC 149 SL 154 Tgt 142-135.

Sell HDFC Bank 1029 SL 1059 Tgt 977-950.

Sell BOI 258 SL 267 Tgt 248-241.

Sell ICICI Bank 607 SL 640 Tgt 573-560.

 


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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