Archives : DAILY MARKET OUTLOOK : 08/12/2008

DAILY MARKET OUTLOOK : 08/12/2008.

Market will react to the economic stimulus package positively and open with a gap, but sustainability at higher levels will be difficult. As usual volatility will play a major role as the day progresses.

Sensex Resistance 9162-9236-9297-9340. Support 8863-8740-8606-8467.

Nifty Resistance 2764-2790-2832-2860. Support 2670-2627-2570-2502. 

Buy Adlabs 163 SL 156 Tgt 175-189.

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Buy REL 532 SL 510 Tgt 574-582-612.

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Buy Sesa Goa 76 SL 73 Tgt 83-88.

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Buy BEL 704 SL 679 Tgt 734-760-799.

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Buy EKC 161 SL 154 Tgt 175-192.

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Buy Alstom Proj 241 SL 233 Tgt 255-271.

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Buy TTML 20 SL 19 Tgt 22-25.

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Buy Divis Lab 1226 SL 1185 Tgt 1249-1295.

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Buy Tata Motors 153 SL 145 Tgt 164-171.

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Buy GVK Power 18 SL 17 Tgt 21-24.

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Buy ABB 441 SL 424 Tgt 456-477.

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