MARKET OUTLOOK - 30th NOV. 2007

Market likely to open and trade firm today. Sensex has immediate resistance at 19225 and support at 18850.Sensex may touch 19400 if close/sustain above 19225.Sensex may touch 18600 if close/sustain below 18850.

NIFTY(5634.60)- Resistance-5703,5770 Support-5589,5544

Intraday Recommendations:

Buy Godrej Industries @ 270 Sl 267 Tgt 280.

Buy Dish TV @ 82.70 Sl 81.70 Tgt 85.50

Buy NTPC @ 231-235 Sl 225 Tgt 265-285

Buy BONGAIGAON REFIN @ 92.85-95.00, Sl 90 Tgt 110-120

F&O Recommendation: (POSITIONAL)

BUY DEC FUT-RPL ABOVE 220 TARGET 228,233 SL 213

Happy Trading ….All the best………….

MARKET OUTLOOK - 29th NOV. 2007

Market likely to open and trade firm today. Sensex has immediate resistance at 19210 and support at 18775.Sensex may touch 19400 if close/sustain above 19210.Sensex may touch 18600 if close/sustain below 18775.

NIFTY(5617.55)- Resistance-5714,5809 Support-5558,5500

Intraday Recommendations:

Buy IndiaBulls@790 SL 780 Tgt 850

Buy Powergrid@150 SL 140 Tgt 165

Buy Rain Calcining @ 55 Sl 53 Tgt 60

Buy IndusInd Bank @ 112 Sl 110 Tgt 120

F&O Recommendation: (POSITIONAL)

BUY DEC FUT-GMRINFRA ABOVE 250 TARGET 256,259 SL 245

All the best…….Happy Trading………

MARKET OUTLOOK - 28th NOV. 2007

Market likely to open and trade firm today. Sensex has immediate resistance at 19220 and support at 19020.Sensex may touch 19400 if close/sustain above 19220.Sensex may touch 18900 if close/sustain below 19020.

NIFTY(5698.15)- Resistance-5743,5788 Support-5654,5611

Intraday Calls:

Buy Reliance Energy @ 1757 Sl 1751 Tgt 1787

Buy Essar Oil @ 217 Sl 215 TGT 237

Buy Petronet @ 104 SL 102 Tgt 114

Buy Punj Lloyd @ 464.85 Sl 462 Tgt 474-475

F&O Recommendation: (POSITIONAL)

BUY DEC FUT-ESCORTS ABOVE 161 TARGET 167,171 SL 155

All the best …….Happy Trading……..

MARKET OUTLOOK - 26th NOV. 2007

Market likely to open and trade firm today. Sensex has immediate resistance at 19000 and support at 18630.Sensex may touch 19300 if close/sustain above 19000.Sensex may touch 18400 if close/sustain below 18630.

NIFTY(5608.60)- Resistance-5660,5712 Support-5536,5463

Intraday Recommendations:

BUY IFCI ABOVE 90 sl 89 tg 91.5 94

BUY RPL ABOVE 211 sl 209 tg 214 220

BUY TTML ABOVE 48.5 sl 47.8 tg 49.5 51.5

BUY PARSHVANATH CMP FOR A TGT OF 365/400 SL 328

F&O Recommendation: (POSITIONAL)

BUY NOV FUT-RPL ABOVE 219 TARGET 230,237 SL 210

All the best…..Happy Trading………..

Market View:
Markets lost almost 1700 points in four trading sessions on back of some heavy selling pressure from the FII’s. This along with negative cues from all around the world had the indices depict some volatile movements and head down south. The indices have been moving in a huge trading range between 20K & 18K and have not been able to breach the all time highs at 20208 mark. There have been strong resilience at 20K mark and buying supports coming in at 18200-18300 mark. Global pressures could ease out in coming days which could lend support to the markets. Technically the levels of 18600 & 5500 are very important levels for the BULLS and a breach below this could spell problems & take the markets lower to 17K & 5200 mark. I strongly feel that the correction from 20K to 18K may have been over and markets would be headed to test the new highs once again. F&O expiry week could bring in volatility, but remain positive.