Archives : DAILY MARKET OUTLOOK : 20/01/2009


Market likely to bounce back after opening lower. But volatility will be witnessed, so be careful in trading and trade in low volumes.

Sensex Resistance 9412-9486-9605. Support 9162-8992-8894.

Nifty Resistance 2873-2884-2922-2945. Support 2792-2720-2660.

Buy UTV Software 284 SL 269 Tgt 301-311-351.

Buy Jet Air 187 SL 176 Tgt 197-205.

Buy KFA 37 SL 36 Tgt 41-44.

Buy Gwalior Chem 71 SL 70 Tgt 76-81.

Buy GMR Infra 76 SL 72 Tgt 79-84.

Buy IOC 441 SL 430 Tgt 447-460.

Buy Bajaj Hind 61 SL 58 Tgt 66-70.

Buy Akruti 713 SL 700 Tgt 733-740-772.

Buy Alstom Proj 247 SL 241 Tgt 255-259-275.

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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