Archives : DAILY MARKET OUTLOOK : 07/10/2008
Markets may open in positive in view of announcements of RBI and SEBI yesterday but the recovery will be difficult to sustain as Volatility will be very high. Recovery may be seen in Banking stocks.

Sensex Resistance 12043-12153-12284. Support 11733-11664-11578-11103.

Nifty Resistance 3673-3715-3790. Support 3560-3535-3430.

Buy BPCL 379 SL 367 Tgt 393-400.

Buy HPCL 240 SL 239 Tgt 250-255.

Buy ICICI 490 SL 473 Tgt 510-525.

Buy Union Bank 144 SL 141 Tgt 147-150-154.

Buy SBI 1433 SL 1421 Tgt 1459-1475.

Buy BoB 290 SL 284 Tgt 297-303.

Buy FSL 28.60 SL 27.10 Tgt 30.30-31.45-32.75.

Buy OBC 156 SL 153 Tgt 160-164.

Buy Tata Comm 461 SL 452 Tgt 473-483.

Buy Moser Baer 107 SL 103 Tgt 112-116.

Bharti, HCL Tech, RIL look weak.

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