Archives : DAILY MARKET OUTLOOK : 07/07/2009


Thanks a lot to all my students for Guru Purnima wishes. May you achieve great heights and success.

Today any recovery will be facing strong selling pressure. So short at higher levels.

Sensex Resistance 14202-14363-14469. Support 13875-13479-13342.

Nifty Resistance 4236-4292-4333-4365. Support 4092-3847-3616.

Sell RCom 269 SL 282 Tgt 259-246-235.

Sell Rel Cap 834 SL 860 Tgt 795-773.

Sell Tata Motors 282 SL 294 Tgt 271-253.

Sell L&T 1464 SL 1537 Tgt 1402-1370-1318.

At Lower Levels one can Buy:

Buy ITC 197 SL 192 Tgt 205-210.

Buy Gail 314 SL 304 Tgt 323-330.

Buy Titan 1233 SL 1196 Tgt 1265-1279.

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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