Archives : DAILY MARKET OUTLOOK : 30/12/2008

DAILY MARKET OUTLOOK : 30/12/2008.

Market likely to be range bound with a mild positive bias.

Sensex Resistance 9586-9631-9706-9838. Support 9412-9314-9226-9162.

Nifty Resistance 2940-2961-3046. Support 2865-2812-2767-2714.

Buy Essar Oil 86 SL 82 Tgt 92-97.

Buy RPL 88 SL 85 Tgt 92-97.

Buy Cairn 172 SL 165 Tgt 178-184-189.

Buy GVK Power 21.25 SL 20.30 Tgt 23.30-24.15-25.80.

Buy RNRL 54 SL 53 Tgt 57-59-61.

Buy IDFC 66 SL 63 Tgt 70-73.

Buy Jet Air 190 SL 185 Tgt 197-204.

Buy Suzlon 60 SL 58 Tgt 63-66-69.

Buy LIC Hsg 224 SL 218 Tgt 231-237.

Buy BPCL 379 SL 374 Tgt 385-389.

Buy IOC 422 SL 412 Tgt 430-434-442.

Buy RIL 1246 SL 1232 Tgt 1267-1282.


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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