Archives : DAILY MARKET OUTLOOK : 24/02/2009


Weak global markets will weaken our markets further. Short at every rise should be the strategy.

Sensex Resistance 8922-8977-9017. Support 8725-8631-8540-8467.

Nifty Resistance 2752-2789-2812. Support 2682-2661-2570-2502.

Sell HDFC Bank 866 SL 892 Tgt 845-815.

Sell HDFC 1352 SL 1382 Tgt 1317-1260.

Sell VSNL 390 SL 403 Tgt 380-360-340.

Sell ICICI 336 SL 343 Tgt 327-308.

Sell TCS 474 Tgt 483 Tgt 460-445.

Sell Axis Bank 375 SL 385 Tgt 364-352.

Sell Kotak Bank 245 SL 257 Tgt 237-229-220.

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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