Archives : DAILY MARKET OUTLOOK : 14/03/2008
Markets are likely to show some recovery, although selling will be seen at higher levels. Use every rise for selling. Remain cautious at higher levels and trade light.
At every decline the valuations will appear more and more attractive, but please remember in a bear market the prices will keep on sliding irrespective of the valuations. The market will move up only after its technical cycle is complete.
SENSEX RESISTANCE AT 15485-15552-15783. SUPPORT AT 15228-15099-14841.
NIFTY RESISTANCE AT 4688-4758. SUPPORT AT 4580-4500-4448.
RANBAXY 458 SL 445 TGT 467-474.
ITC 185 SL 181 TGT 190-195.
BAJAJ AUTO 2101 SL 2055 TGT 2150-2197.
HLL 221 SL 214 TGT 225-229.
SKUMARS 148 SL 144 TGT 152-157.
GTL 234 SL 229 TGT 239-244.

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.

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