Archives : DAILY MARKET OUTLOOK : 15/09/2008
Market has given a breakout on the downside. Both Sensex & Nifty has given Bearish Head & Shoulders Breakout. So watch out and sell on every rise. Every Rise will be a Shorting Opportunity.
Critical Support for Sensex - 13458 & Nifty - 4070. If these levels are broken then expect a free fall.
Sensex Support 13727-13458-13042. Resistance 14161-14284-14557.
Nifty Support 4118-4070-3959. Resistance 4277-4309-4369.
Sell Reliance 1932 SL 1980  1892-1839-1795.
Sell DLF 466 SL 478 Tgt 439-422-401.
Sell HDFC 2182 SL 2209 Tgt 2148-2062.
Sell REL 929 SL 955 Tgt 876-836.
Sell Tata Power 1002 SL 1029 Tgt 971-952.
Sell Tata Steel 523 SL 541 Tgt 502-479.
Sell Infosys 1644 SL 1675 Tgt 1618-1587.

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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