DAILY MARKET OUTLOOK : 27/02/2009.
Stock specific action likely to be the order of the day. It will be difficult for the Nifty to cross and close above 2822.
Sensex Resistance 9002-9042-9159. Support 8833-8788-8631.
Nifty Resistance 2802-2822-2842-2872. Support 2752-2736-2701.
Buy Jindal Steel 1062 SL 1029 Tgt 1096-1122.
Buy Grasim 1465 SL 1442 Tgt 1523-1560.
Buy Tata Motors 149 SL 145 Tgt 156-171.
Buy Tata Comm 406 SL 394 Tgt 418-426.
Buy GSPL 33 SL 32 Tgt 35-37.
Buy Power Grid 92 SL 89 Tgt 95-98.
Buy Oracle Fin 721 SL 691 Tgt 732-780.
Some stocks to short at higher resistance levels.
Short HDFC 1212 Tgt 1249 Tgt 1172-1123.
Short ICICI 324 SL 337 Tgt 312-306.