Archives : DAILY MARKET OUTLOOK : 19/02/2009


Market will be as usual, volatile and unpredictable. So trade less and only where there is sure shot chance of making money.

Sensex Resistance 9113-9213-9279. Support 8949-8894-8829.

Nifty Resistance 2812-2836-2868. Support 2757-2736-2701-2661.

Buy Educomp 2114 SL 2075 Tgt 2157-2180-2262.

Buy Alstom 283 SL 269 Tgt 293-302.

Buy SRF 72 SL 69 Tgt 75-78-82.

Buy IOC 455 SL 447 Tgt 463-469.

Buy HPCL 301 SL 296 Tgt 306-310-315.

Buy BPCL 415 SL 406 Tgt 423-429.

Some Stock to short at higher levels.

Sell HDFC 1362 SL 1427 Tgt 1337-1316.

Sell ICICI 369 SL 383 Tgt 361-346.


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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