Archives : DAILY MARKET OUTLOOK : 14/05/2009


Volatility increased dramatically in the last hour yesterday and today we will continue with that. On the downside Critical Support for Sensex exists at 11621 & Nifty 3534.

Sensex Resistance 12128-12211-12282. Support 11934-11849-11621-11430.

Nifty Resistance 3675-3717-3741. Support 3610-3585-3534-3433.

Sell L&T 976 SL 1003 Tgt 946-919.

Sell SBI 1261 SL 1282 Tgt 1230-1185.

Sell Sail 118 SL 121 Tgt 115-110.

Sell Sterlite Ind 474 SL 492 Tgt 448-419.

Sell ICICI 551 SL 575 Tgt 531-513.

Sell Essar Oil 142 SL 149 Tgt 132-121.

Sell Tata Power 892 SL 915 Tgt 878-861-837.

Sell Tata Steel 264 SL 278 Tgt 252-244.

Sell Maruti 839 SL 857 Tgt 821-807.

At Lower Levels Stocks Like Educomp and IDFC look Good.

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