Archives : DAILY MARKET OUTLOOK : 07/02/2008
DAILY MARKET OUTLOOK : 07/02/2008.
JUST RECALL, YESTERDAY WE SAID THAT NIFTY WAS FACING HEAVY RESISTANCE AT 5500 LEVELS AND SEE HOW NIFTY FELL AND IT TOOK SUPPORT AT EXACTLY OUR MENTIONED LEVEL OF 5252 !!!
ALSO NAG FERT, NEYVELLI LIGNITE, RNRL & ISPAT REACHED THEIR TARGETS INSPITE OF THE MARKET BEING DOWN BY 500 POINTS.
VOLATILITY WILL BE THE ORDER OF THE DAY. BUT MOMENTUM STOCKS WILL HOLD THEIR OWN.
SENSEX RESISTANCE 18274-18330-18439. SUPPORT AT 18068-17936-17576.
NIFTY RESISTANCE AT 5365-5403-5500. SUPPORT AT 5295-5252-5177.
LANCO INFRA 538 SL 515 TGT 549-565-648.
ISPAT 48 SL 45 TGT 51-58.
JPHYDRO 88 SL 85 TGT 91-95.
NAG FERT 51 SL 47 TGT 55-57.
CHAMBAL FERT 60 SL 55 TGT 65-68.
ARVIND 53 SL 49 TGT 55-57.
ALOK TEXT 80 SL 75 TGT 86-89.
BONGAIGAON REF 69 SL 65 TGT 74-79.
NEYVELLI LIG 173 SL 165 TGT 183-201.
RNRL 160 SL 151 TGT 172-183.
TATA TELE 40 SL 37 TGT 46-50.
PETRONET LNG 79 SL 75 TGT 87-91.
WWIL 52 SL 47 TGT 56-59-62.
WHIRLPOOL 47 SL 44 TGT 51-55.

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