Archives : DAILY MARKET OUTLOOK : 04/08/2010


The market is once again consolidating in a small range. Nifty range is currently between 5400-5460. Anybreach of 5400 will lead the Nifty to test the support of 5350 and in case of upward break above 5460, Nifty can reach 5520.

Sensex Resistance 18167-18237-18315. Support 18072-18030-17975.

Nifty Resistance 5459-5477-5504. Support 5426-5409-5382.

Buy Kotak 801 SL 791 Tgt 817-835.

Buy IOB 119 SL 116 Tgt 123-127.

Buy Balrampur Chini 85 SL 84 Tgt 88-91.

Buy Bhel 2467 SL 2453 Tgt 2491-2519.

Buy Jai Corp 265 SL 260 Tgt 274-283.

Buy Adani Ent 622 SL 606 Tgt 639-656.

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.