Archives : DAILY MARKET OUTLOOK : 29/01/2008
DAILY MARKET OUTLOOK : 29/01/2008.
US MARKET RECOVERS ON PEP TALK BY PRES. BUSH. SHARP RECOVERY SUGGEST THAT MORE RATE CUTS BY THE FED IS IN THE OFFING.
TODAY THE FATE OF OUR MARKET IS IN THE HANDS OF DR. REDDY AND IT WILL BE OUT BY NOON.
IF REDDY DECIDES ON A RATE CUT, THEN EXPECTHUGE RALLY BY BANKING STOCKS AND REAL ESTATE AND CONSTRUCTION  STOCKS.
NIFTY RESISTANCE AT 5381-5403-5545. SUPPORT AT 5071-4995-4900.
SENSEX RESISTANCE AT 18690-18919-19013-19600. SUPPORT AT 17443-17070-16951.
BOI 410 SL 389 TGT 424-446.
BOB 428 SL 415 TGT 442-467.
VIJAYA BANK 70 SL 66 TGT 77-81.
ALLAHABAD BANK 120 SL 116 TGT 129-136.
REL 2097 SL 2025 TGT 2156-2290.
UTI BANK 1141 SL 1100 TGT 1195-1275.
UBI 209 SL 195 TGT 214-225.
WELSPUN GUJ 512 SL 504 TGT 525-539.

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