Archives : DAILY MARKET OUTLOOK : 21/05/2009


Midcaps will be the flavour of the day. Market will show negative movement but the stocks will head northupwards.

Sensex Resistance 14181-14289-14405. Support 13976-13834-13554.

Nifty Resistance 4307-4343-4363. Support 4244-4218-4167-4016.

Buy Escorts 53 SL 49 Tgt 60-65.

Buy DCHL 72 SL 68 Tgt 80-86.

Buy Fin Tech 1056 SL 985 Tgt 1108-1150.

Buy GDL 80 SL 77 Tgt 85-90.

Buy ABG Ship 197 SL 188 Tgt 237-263.

Buy Praj 100 SL 93 Tgt 106-110-131.

Buy Century Tex 410 SL 385 Tgt 432-446.

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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