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Archives : DAILY MARKET OUTLOOK : 27/02/2009

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.
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