Archives : DAILY MARKET OUTLOOK : 03/11/2008
DAILY MARKET OUTLOOK : 03/11/2008.
Today is Labh Pachham, an auspicious day, to start trading. This year on Mahurat day, the market behaved nicely and posted superb gains and today might not be much different.
Todays rally is a Government forced rally with both the arms of the govt, the RBI and SEBI firing on all cylinders. The Bears are now running for cover. Today short covering will push the market further up.
Sensex Resistance 9952-10239-10325-10588. Support 9618-9459-9327.
Nifty Resistance 2957-2996-3046-3111. Support 2834-2778-2753.
Buy Tata Steel 209 SL 200 Tgt 223-235-243.
Buy Jindal Steel 792 SL 771 Tgt 830-990.
Buy Bhel 1291 SL 1279 Tgt 1335-1364-1405.
Buy Rel Cap 652 SL 620 Tgt 725-772.
Buy HCC 41 SL 39 Tgt 44.50-49-57.
Buy DCB 24 SL 22 Tgt 27-31.
Buy RCom 219 SL 207 Tgt 229-249-261.
Buy IBReal 119 SL 111 Tgt 131-141-152.
Buy I-Flex 607 SL 589 Tgt 633-691.
Buy Nag Const 62 SL 59 Tgt 68-73.
Buy Infosys 1385 SL 1364 Tgt 1467-1489-1508.
Buy Walchand Nagar 122 SL 117 Tgt 138-148.
Buy Punj LLoyd 174 SL 165 Tgt 189-195-211.
Buy NIIT 31 SL 29 Tgt 34-36-42.
Buy RIIL 332 SL 320 Tgt 364-375.
Buy Core Proj 62 SL 58 Tgt 75-82.
Buy KLG Sys 108 SL 100 Tgt 120-141.
Buy Everonn 170 SL 158 Tgt 182-215.
Buy MTNL 65 SL 62 Tgt 72-76.

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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