Archives : DAILY MARKET OUTLOOK : 28/01/2009


Market may see one more day of shortcovering atleast in the first half of the day. But then once again the bears will exert control.

Sensex Resistance 9083-9162-9281. Support 8956-8894-8803-8726.

Nifty Resistance 2812-2869-2922. Support 2748-2720-2686-2661.

Some Positive Stocks.....

Buy NTPC 190 SL 185 Tgt 195-201.

Buy Power Grid 89 SL 87 Tgt 92-94.

Buy Oracle 566 SL 525 Tgt 591-629.

Buy Maruti 537 SL 519 Tgt 550-568.

Buy Jet 167 SL 158 Tgt 176-181.

Buy Renuka 70 SL 68 Tgt 74-79.

Buy Bajaj Hind 55 SL 53 Tgt 58-61.

Buy KS Oil 43 SL 42 Tgt 46-48.

Some Stocks to Short at Higher levels....

Sell OnGc 621 SL 643 Tgt 606-597.

Sell Gail 188 SL 191 Tgt 184-179.

L&T, Century Tex, Suzlon, Adlabs look good for shorting at higher levels.


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