Archives : DAILY MARKET OUTLOOK : 26/02/2009


Today being expiry the market will be volatile and since the rollovers are showing more of short rollovers, be careful in taking too many positions.

Sensex Resistance 8986-9017-9087. Support 8849-8734-8631.

Nifty Resistance 2802-2816-2868. Support 2736-2719-2701-2671.

Buy SRF 77 SL 74 Tgt 81-84.

Buy Maruti 663 SL 654 Tgt 675-693.

Buy M&M 317 SL 304 Tgt 323-333.

Buy Tata Motors 140 SL 135 Tgt 144-151.

Buy Century Tex 172 SL 166 Tgt 181-186.

Short HDFC 1254 SL 1290 Tgt 1224-1200.

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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