Archives : DAILY MARKET OUTLOOK : 18/11/2008


Markets will try and rebound but the real test will be whether it will be able to sustain the gains.

Sensex Resistance 9049-9084-9169-9297. Support 8805-8737-8599.

Nifty Resistance 2742-2802-2860. Support 2645-2629-2502.

Buy HPCL 230 SL 224 Tgt 235-240.

Buy Rolta 187 SL 178 Tgt 196-204.

Buy RIL 1139 SL 1120 Tgt 1165-1195.

Sell Satyam 242 SL 251 Tgt 230-213.

Sell Infosys 1180 SL 1202 Tgt 1160-1120.

Disclaimer : The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness.

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