Archives : DAILY MARKET OUTLOOK : 12/03/2009

DAILY MARKET OUTLOOK : 12/03/2009.

Market likely to open gap up, on the back of global rally. But sustainability will be a question mark. Use gap up to go short on specific stocks.

Sensex Resistance 8316-8467-8535. Support 8110-8047-7921.

Nifty Resistance 2628-2639-2663-2701. Support 2555-2539-2502.

Buy Akruti 993 SL 964 Tgt 1028-1057.

Buy Reliance 1153 SL 1143 Tgt 1177-1188-1201.

Buy Divis Lab 844 SL 824 Tgt 860-874.

Buy Satyam 48 SL 46 Tgt 51-54.

Bears can use gap up to go short in :

Rel Cap, L&T, Infosys, SBI and Bank Nifty.

 


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