Archives : DAILY MARKET OUTLOOK : 01/08/2008
Market will be choppy but buying at lower levels in select midcaps. Lowest Rollover witnessed in the last six months. Start is very light, we are in midst of a flux and as the market tries to move up in the short term, volatility will increase.
Sensex Resistance 14383-14449-14484. Support 14210-14161-14054.
Nifty Resistance 4358-4369-4392-4448. Support 4301-4272-4238.
Buy Rolta 311 SL 306 Tgt 331-340.
Buy Ankur Drugs 252 SL 245 Tgt 260-268-273.
Buy Jindal Steel 2076 SL 2040 Tgt 2148-2179.
Buy Cairn Ind 241 SL 236 Tgt 250-254.
Buy Bharat Forge 255 SL 247 Tgt 265-271.
Buy Tata Steel 655 SL 642 Tgt 668-680.
Buy Ispat 26 SL 25 Tgt 27.60-29.10.
Buy SRF 132 SL 128 Tgt 139-144.
Buy GMR Infra 92 SL 88 Tgt 96-101.
Sell Sterling Bio 223 SL 234 Tgt 213-205-197.
Sell Karnatak Bank 126 SL 130 Tgt 120-115.

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