Archives : DAILY MARKET OUTLOOK : 01/12/2008


Market gave a fitting reply on Friday by not bowing down to terrorist acts. The market was stable to positive on Friday as we had written.

The FM now becomes the Home Minister and the PM becomes the FM. This is a solid and positive development for the market as now we have the right person for the right job.

Sensex Resistance 9182-9297-9361-9435. Support 9030-8925-8889-8787.

Nifty Resistance 2799-2809-2835-2878. Support 2723-2690-2633.

Buy Divis Lab 1226 SL 1190 Tgt 1260-1279-1295.

Buy GTL Infra 45 SL 41 Tgt 49-52-55. (Buy on declines).

Buy Bhel 1359 SL 1314 Tgt 1391-1433.

Buy Infosys 1243 SL 1222 Tgt 1267-1300.

Buy TCS 559 SL 538 Tgt 577-588.

Buy Orchid 83 SL 81 Tgt 90-101.

Buy PFC 110 SL 105 Tgt 115-118.

Buy Titan 935 SL 914 Tgt 965-992.

Buy Hindalco 52 SL 50 Tgt 57-62.

Buy Triveni 37 SL 35 Tgt 41-45.

Buy KS Oil 42 SL 40 Tgt 45-48.

Buy Essar Oil 74 SL 70 Tgt 79-82.

Buy BPCL 355 SL 344 Tgt 366-374.

Buy ANdhra BAnk 55 SL 52 Tgt 58-60.

Buy HPCL 237 SL 229 Tgt 245-251.

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