Archives : DAILY MARKET OUTLOOK : 23/04/2009


Stock specific action will be the order of the day as market keep moving lower towards the support Sensex 10516.

Sensex Resistance 10917-11036-11194. Support 10719-10613-10516.

Nifty Resistance 3356-3378-3401-3441. Support 3311-3263-3240-3198.

Sell Hero Honda 1081 SL 1103 Tgt 1063-1047-1015.

Sell Sterlite Ind 367 SL 379 Tgt 351-339-320.

Sell IRB 97 SL 103 Tgt 91-86.

Sell SBI 1231 SL 1264 Tgt 1216-1190-1146.

At Lower levels one can Buy

Buy LiC Hsg 300 SL 289 Tgt 309-319.

Buy NB Ventures 198 SL 191 Tgt 207-220.

Buy Bajaj Hldg 416 SL 380 Tgt 435-459.

Buy RPower 126 SL 123 Tgt 130-134.

Buy ACC 646 SL 637 Tgt 661-668.

Buy Walchand 137 SL 131 tgt 142-146-153.

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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