Archives : DAILY MARKET OUTLOOK : 20/02/2009


Market witnessing lacklustre trading days for the past few days and trading is becoming increasingly boring and difficult. Today will be no different.

Sensex Resistance 9113-9184-9213. Support 8946-8721-8631.

Nifty Resistance 2806-2818-2832. Support 2752-2736-2701-2661.

Sell ICICI Bank 361 SL 374 Tgt 347-338.

Sell Rel Cap 382 SL 391 Tgt 371-363-355.

Sell RiL 1293 SL 1317 Tgt 1271-1240.

Sell SBI 1058 SL 1067 Tgt 1043-1031-1021.

Sell HDFC Bank 884 SL 892 Tgt 874-864-845.

Sell HDFC 1392 SL 1429 Tgt 1365-1337.

Some Stocks to Buy at Lower levels:

Buy Alstom Proj 296 SL 285 Tgt 307-320.

Buy SRF 74 SL 72 Tgt 77-80.

Buy Aurobindo 149 SL 142 Tgt 154-160.

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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