Archives : DAILY MARKET OUTLOOK : 07/08/2008
Market is filling the gap and is on the way to touch the Neckline at Sensex - 14878. One can expect a bounce from there.
Buying at lower levels is advisable. Dont trade if not sure. Wait for the Support to come in at the Neckline and then take positions.
Sensex Resistance 15130-15259-15314. Support 14997-14878-14620.
Nifty Resistance 4539-4580-4620. Support 4486-4407-4369.
Buy Mphasis BFL 221 SL 217 Tgt 228-235.
Buy Crompton 268 SL 260 tgt 279-285.
Buy Triveni 115 SL 110 Tgt 122-126.
Buy Voltas 138 SL 134 tgt 145-151.
Buy IDBI 98 SL 88 Tgt 96-100.
Buy Balrampur Chini 93 SL 91 Tgt 97-103.
Buy Bajaj Hind 182 SL 175 Tgt 190-197.
Buy Bharat Forge 269 SL 265 Tgt 275-283.
Buy Cairn 237 SL 233 Tgt 242-247.
Buy Moser Baer 97 SL 94 Tgt 102-105.
Buy HOCL 46 SL:44 Tgt 49-51.

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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