Archives : DAILY MARKET OUTLOOK : 21/05/2010


Panic in global market will make sure our market too open with a big gap down. The Nifty being below the 200dma is certainly not helping the market.

Sensex Resistance 16617-16715-16777. Support 16373-16210-16074.

Nifty Resistance 4980-5023-5053. Support 4908-4869-4833.

Sell JsW Steel 1066 SL 1088 Tgt 1036-1012.

Sell McDowell 1191 SL 1202 Tgt 1170-1148.

Sell Tata Steel 508 SL 519 Tgt 492-475.

Sell DLF 271 SL 275 Tgt 261-252.

Sell Grasim 2522 SL 2547 Tgt 2471-2423.

Sell Mphasis 637 SL 648 Tgt 623-610.

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.

Copyright © 2000 - 2019 Jatin Sanghavi. All rights reserved.
No part of the material on this website may be reproduced or distributed in any forms or by any means, electronics or mechanical without the written permission of the author.