Archives : DAILY MARKET OUTLOOK : 13/05/2009


Market was buoyant yesterday despite weak IIP nos. It seems that the market has got some whiff about the positive outcome of the elections.

Sensex Resistance 12282-12472-12514. Support 11936-11794-11621.

Nifty Resistance 3717-3741-3790. Support 3620-3583-3534.

Buy HDiL 179 SL 172 Tgt 185-210.

Buy IBReal 143 SL 134 Tgt 151-157-162.

Buy JsW Steel 417 SL 404 Tgt 427-447.

Buy JP Ass 141 SL 133 Tgt 145-152.

Buy Polaris 84 SL 76 Tgt 88-93.

Buy Suzlon 80 SL 76 Tgt 87-90.

Buy Adlabs 243 SL 231 Tgt 251-268.

Buy Kotak 484 SL 464 Tgt 510-529.

Buy 3i Info 59 SL 57 Tgt 64-72.

Buy NiiT 30 SL 29 Tgt 33-35.

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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