Archives : DAILY MARKET OUTLOOK : 19/09/2008
The market went down but did not breach the previous lows and is seeing a sharp recovery led by the global markets and short covering. Expect Sensex-14109, Nifty-4231.
Financial, Banking, Infrastructure, Property and Cap Goods will see good bounce back due to short covering.
Sensex Resistance 13727-13933-14109-14205-14305. Support 13225-13140-13085.
Nifty Resistance 4159-4201-4231-4248-4299. Support 4005-3974-3943.
Buy ICICI 577 SL 564 Tgt 609-628.
Buy BoB 327 SL 319 Tgt 338-351.
Buy BOI 281 SL 275 Tgt 297-304.
Buy Punj Lloyd 291 SL 288 Tgt 307-315.
Buy Suzlon 209 SL 203 Tgt 219-227.
Buy HDIL 207 SL 195 Tgt 225-234.
Buy SBI 1566 SL 1513 Tgt 1608-1639.
Buy Rel Cap 1125 SL 1078 Tgt 1200-1257.

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