Archives : DAILY MARKET OUTLOOK : 13/03/2009


Market will open gap up because of positive global cues. But higher level selling not ruled out and hence volatility will be high today.

Sensex Resistance 8467-8540-8619. Support 8316-8259-8047.

Nifty Resistance 2686-2701-2742. Support 2570-2539-2502.

Buy Century Tex 176 SL 172 Tgt 182-185-189.

Buy Tata Motors 146 SL 143 Tgt 152-156.

Buy Power Grid 93 SL 92 Tgt 95-98.

Buy RiL 1202 SL 1169 Tgt 1226-1240.

Buy Divis Lab 870 SL 860 Tgt 880-894.

Buy Escorts 37 SL 36 Tgt 39-42.

Buy Core Proj 48 SL 46 Tgt 51-54-57.

Buy Akruti 1074 SL 1055 Tgt 1124-1154.

At higher levels one can short:

Bharati Airtel, Bank of India, HPCL, BPCL.

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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