Archives : DAILY MARKET OUTLOOK : 15/02/2008
DAILY MARKET OUTLOOK - 15/02/2008.
NOW THE VALENTINE DAY IS OVER AND IT WILL BE BACK TO THE VOLATILITY WHICH EVERYONE DREADS.
SELLING ON HIGHER LEVELS IS A GOOD STRATEGY. BOUNCE BACK WILL ALSO BE VISIBLE TODAY. SO IT WILL BE VERY VOLATILE.
NIFTY 5260 AND SENSEX 17964 IMPORTANT RESISTANCE LEVELS, WHICH NEED TO BE SURPASSED ON CLOSING BASIS TO HAVE ANY MEANINGFUL UPWARD RALLY.
YESTERDAY ALL OUR SCRIPTS REACHED THEIR TARGETS. WHAT MORE CAN ONE SAY?
SENSEX RESISTANCE AT 17836-17964-18274. SUPPORT AT 17511-17388-17141-16840.
NIFTY RESISTANCE AT 5220-5238-5260. SUPPORT AT 5121-5100-5069-5011-4962.
CAIRN INDIA 212 SL 205 TGT 217-220.
HPCL 298 SL 281 TGT 308-332.
BPCL 465 SL 447 TGT 476-485.
SIEMENS 1554 SL 1515 TGT 1585-1679.
JPASSOCIATES 273 SL 258 TGT 296-315.
TULIP IT 990 SL 938 TGT 1049-1099.
ADLABS 863 SL 847 TGT 896-910-974.
HERO HONDA 730 SL 705 TGT 749-775.
ONGC 1025 SL 975 TGT 1060-1105.
RIL 2516 SL 2463 TGT 2580-2642.
RCOM 610 TGT 579 TGT 645-675.
PTC 102 SL 97 TGT 106-116.
BUY INDEX HEAVY WEIGHTS WHEN THE MARKET HAS CORRECTED A LOT AND WHEN MARKET JUST STARTS TO MOVE UP.

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