Archives : DAILY MARKET OUTLOOK : 30/09/2008
Market has broken strong double bottom support yesterday. This does not augur well and the carnage in the US market as the Financial Bailout package was defeated. We are heading lower. Banking and Financial Stock will face lot of selling fury.
Sensex Support 12316-12179-11998-11824. Resistance 12710-12860-12980.
Nifty Support 3778-3717-3656-3606. Resistance 3895-3940-3992.
Sell RIL 1932 SL 1962 Tgt 1881-1825.
Sell Infosys 1393 SL 1424 Tgt 1366-1348-1318.
Sell BoI 276 SL 282 Tgt 268-261.
Sell Maruti 662 SL 672 Tgt 645-629.
Sell Kotak Bank 540 SL 552 Tgt 522-512.

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