Outlook for this week 01-DEC-08 to 05-DEC-08

Have a nice trading day...

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Before market open have a glance

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Watch : SenSex, Nifty, Nifty Future & Dow for this Week :

SenSex

Close..............: 9092

Support............: 8650, 8000

Resistance.........: 9500

Next Resistance....: 11000


Nifty

Close...............: 2755

Support.............: 2500, 2300

Resistance..........: 2900

Next Resistance.....: 3150

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DOW Jones

Watch critical point 8000............

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Nifty Future Hourly

Chart

CMP : 2754.50

Buy Above 2780 : Target 2950, 3125

Sell Below 2720: Target 2630, 2500, 2300

SBIN Future

CMP : 1089
Buy Above : 1100
Target 1150, 1230
Sell Below : 1060
Target 1000, 985

RELIENCE Future

CMP : 1157
Buy Above : 1170
Target 1220, 1300
Sell Below : 1130
Target 1090, 1040

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Watch : +Ve Stocks for this Week

TATA Steel : CMP 151
Buy Above :156 Target 164, 175
Sell Below:144 Target 136, 124
Stop Loss 6 Points for Both

BHEL: CMP 1359
Buy Above :1375 Target 1390, 1425
Sell Below:1340 Target 1315, 1270

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Long Term, U can use for SIP plan
L & T, SBI, RIL, HDFC, MARUTI

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Watch : +Ve/-ve Sectors for this Week

Bank - Watch

IT - Exit : Site way movement, enter after sometime

Metal - Only Long Term - Strong

Auto (watch) Overall Weak

Oil & Gas (Good)

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News 2 be Watch for this week

FII's & Domestic Activities...
SEBI & RBI move...
Petrol & Diesel (Govt Plan to Price Cut)
Global Factor
Crude Oil
Inflation
Rs. Vs $
GDP

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for Daily Views, Stay in India’s Live Chat Room

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