DAILY MARKET OUTLOOK : 31/12/2007
MARKETS HAVE REBOUNDED NICELY. IT WILL BE INTERESTING TO SEE, IF THE MARKET IS ABLE TO CROSS AND MAKE A NEW HIGH TODAY OR MAY BE IN THIS WEEK.
LAST FRIDAY MAJORITY OF OUR RECOMMENDATIONS REACHED THEIR TARGETS LIKE EDUCOMP, ALOK TEXT, TATA STEEL, NIIT LTD, BEL & IND HOTEL.
SENSEX RESISTANCE AT 20323-20584-21113. SUPPORT AT 20014-19780-1958.
NIFTY RESISTANCE AT 6111-6185-6245. SUPPORT AT 6016-5909-5860.
ALOK TEXT 103 SL 99 TGT 111-116.
JP HYDRO 136 SL 131 TGT 145-153.
SCI 306 SL 290 TGT 314-350.
NIIT 151 SL 136 TGT 156-161-190.
BEL 2097 SL 2020 TGT 2170-2230-2380.
ARVIND 89 SL 86 TGT 94-102.
TORRENT POWER 189 SL 175 TGT 205-245.
SRF 188 SL 176 TGT 199-209.
FINANCIAL TECH 2578 SL 2515 TGT 2679-2740-2940.
TATA STEEL 931 SL 911 TGT 954-1015.
CENTURY TXT 1173 SL 1124 TGT 1238-2740.
CAIRN INDIA 247 SL 242 TGT 258-268.
NTPC 241 SL 237 TGT 253-260.
WHIRLPOOL 56 SL 53 TGT 63-69.
AEGIS LOGISTICS 352 SL 338 TGT 387-407.
ZEE NEWS 77 SL 74 TGT 84-98.
HAVE A GREAT TIME TONITE. PARTY HARD TO KISS GOODBYE BULLISH 2007 AND WELCOME VERY BULLISH 2008.