Thursday, November 22, 2007

MARKET OUTLOOK - 22nd NOV. 2007

Market likely to open lower with gap today .However expecting recovery in later of the day. Sensex has immediate resistance at 19040 and support at 18340.Sensex may touch 19700 if close/sustain above 19040.Sensex may touch 18000 if close/sustain below 18340.

NIFTY(5561.05)- Resistance-5724,5887 Support-5464,5368

Intraday Recommendations:

BUY POLARIS ABOVE 116 sl 114 tg119 122
BUY BHARTIARTL ABOVE 905 sl 898 tg 915 930
SELL PFC(238.50) BELOW 236.50 target 230 sl 240
BUY PUNJLLYOD @ 471 SL 460 TGT 490

F&O Recommendation: (POSITIONAL)

BUY NOV FUT-BHARTI ONLY ABOVE 900 TARGET 930,950 SL 875

Be cautious..... All the best..... Happy Trading.....

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Thursday, November 22, 2007

MARKET OUTLOOK - 22nd NOV. 2007

Intraday Recommendations:

F&O Recommendation: (POSITIONAL)

BUY NOV FUT-BHARTI ONLY ABOVE 900 TARGET 930,950 SL 875

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