Friday, May 11, 2007

MARKET OUTLOOK 11-05-07

NIFTY FUTURE : Will slide to kiss 4015 . There after expect a level of 3985,3975 in PANIC.

ALERT : Two close below 4021,expect Bloodbath on street and u all will see level of 3902 ,3863 in NF

BSE SENSEX : Support @ 13685 break will creat huge panic . resistance at 13830, 13915

TATA STEEL : Support @ 566 , 555 . At upper side go to 585 if cross with volume then go to 597 to 605 in hour trade only. We recommand buy this stock at decline .

RANBAXY : Support @ 381 , 376 . Above 493 go to 401, 405 in hour . Think to buy at decline .

RELIANCE : Support @ 1566 , 1551 . above 1590 go to kiss 1605 1629 if cross 1629 with volume then what you just see. Only think to short if break support .

MCDOWELL : If Today trades above 875 level First tgt :Rs.902 ,910 & there after SKY is LIMIT !!!!! Yes Mcdowell taking over Whyte & Mackay expect this NEWS ANYMOMENT stock will spurt by minimum Rs.100 on announcement day !!

REL.Capital : Below 779 last minor support @ 772 if breaks expect free fall upto 752-745 level.

REL.Comm : Break below 458 will take to 440 ,434 level.

ACC : Three days back written to go short in this stock . Hold short & enjoy free fall tgt :842-829.

CENTURY : Will slide to 564-555 level & there after ?

GRASIM : Will slide to 2433 ,2398 & there after ? Pls exit from long postions .

BHART ELECT : Stock had broken huge triangle it looks will crash to kiss 1495 level very soon .
Minor support @ 1620 ,1597 level.

JETAIRWAYS : Triangle breakout indicates free fall upto 672 level now @ 713 level. Box chart indicates price of Rs.666-657.

INFY : Have u seen a triangle of 210 points ? No u have not. Expect price of Rs.1810 in panic.

PRAJ IND : Have a eye on 457 if break with volumes will take to Rs.424-413 in hrs only.

TATA MOTOR : Below 719 will slide to 696 ,688 level.

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