Archives : DAILY MARKET OUTLOOK : 19/01/2009

DAILY MAKET OUTLOOK : 19/01/2009.

Market will open up, but will find some selling pressure at higher levels. So volatility will be witnessed at higher levels.

Sensex Resistance is at 9361-9412-9506-9633. Support is at 9264-9173-9123-

8946.

Nifty Resistance is at 2842-2869-2879-2911. Support is at 2810-2783-2757-2701.

Buy BPCL 385 SL 372 Tgt 396-404.

Buy IOC 437 SL 426 Tgt 446-454.

Buy HPCL 281 SL 274 Tgt 289-292-304.

Buy REL CAPITAL 428 SL 416 Tgt 442-463-492.

Buy RNRL 53 SL 51 Tgt 56-59-62.

Buy FederaL BanK 155 SL 150 Tgt 161-169.

Buy Triveni Engg. 51 SL 49 Tgt 54-58.

Buy ChambaL 39 SL 38 Tgt 42-44-46.

Buy HDFC 1565 SL 1540 Tgt 1598-1636.

Buy Balrampur Chini 54 SL 51 Tgt 58-60.

Buy Moser Baer 70 SL 66 Tgt 76-83.

Buy NTPC 179 SL 174 Tgt 183-186.

Buy Mercator 31 SL 30 Tgt 34-37.


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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