Archives : DAILY MARKET OUTLOOK : 16/11/2007
DAILY MARKET OUTLOOK : 16/11/2007
MAJORITY OF OUR RECOMMENDATIONS WERE ON FIRE YESTERDAY. THE STAR OF COURSE BEING BONGAIGAON REFINERY UP BY 30 % !!! RCF, NAGARJUNA FERT, REL CAP, SCI, CESC AND BEML WERE THE OTHER STAR PERFORMERS.
KEEP STOCK SPECIFIC APPROACH AS MARKETS ARE SHOWING TENTATIVENESS AT HIGHER LEVELS. THE WILLINGNESS TO CLOSE ABOVE 20200 AND 6000 ON
SENSEX AND NIFTY IS MISSING. TRADE WITH CAUTION.
STOCK WATCH FOR THE DAY- 16/11/2007

DAILY MARKET OUTLOOK : 16/11/2007
MAJORITY OF OUR RECOMMENDATIONS WERE ON FIRE YESTERDAY. THE STAR OF COURSE BEING BONGAIGAON REFINERY UP BY 30 % !!! RCF, NAGARJUNA FERT, REL CAP, SCI, CESC AND BEML WERE THE OTHER STAR PERFORMERS.
KEEP STOCK SPECIFIC APPROACH AS MARKETS ARE SHOWING TENTATIVENESS AT HIGHER LEVELS. THE WILLINGNESS TO CLOSE ABOVE 20200 AND 6000 ON
SENSEX AND NIFTY IS MISSING. TRADE WITH CAUTION.
SENSEX RESISTANCE AT 19967-20238-20504. SUPPORT AT 19723-19416-19336.
NIFTY RESISTANCE AT 5966-6012-6090. SUPPORT AT 5895-5831-5700.
  • BIOCON 643 SL 620 TGT 682-710.
  • SCI 266 SL 260 TGT 274-281.
  • ALOK IND 70 SL 68 TGT 78-83.
  • SUZLON 2029 SL 1945 TGT 2145-2204.
  • REL CAP 2265 SL 2170 TGT 2404-2464-2620.
  • GMR INFRA 227 SL 221 TGT 237-267.
  • BEML 1770 SL 1735 TGT 1840-1914-1935.
  • ESCORT 124 SL 118 TGT 134-150.
  • INDIA INFO 1201 SL 1141 TGT 1255-1306-1335.
  • GESCO CORP 669 SL 647 TGT 707-824.
  • ITC 189 SL 184 TGT 195-197-212.
  • PETRONET LNG 113 SL 108 TGT 118-125.
  • NAG FERT 71 SL 68 TGT 81-90.
  • INDUSIND BANK 109 SL 103 TGT 119.
  • ORBIT CORP 684 SL 647 TGT 710-786-818.
  • SHIVANI OIL 440 SL 422 TGT 464-487.
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