Tuesday, March 8, 2011

Indian Stock Market Daily Outlook


Daily stock Pick


          Our trading pick for tomorrow is MPHASIS.


This stock has been in a consistent downtrend after reacting badly to news.


Stock has support around 457.


Long targets are  467,  476 and 485.


Break below 447 will restore downtrend and stock will move to 437, 428 and 425.




NEXT: Nifty future outlook

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss



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