Archives : DAILY MARKET OUTLOOK : 22/06/2009


Market may show upward momentum in the first half but the second half will be very volatile. Expect selling pressure at higher levels.

Sensex Resistance 14597-14677-14930. Support 14300-14179-14002.

Nifty Resistance 4339-4365-4453. Support 4253-4206-4155.

Buy Bajaj Hind 214 SL 209 Tgt 221-232.

Buy Bal Chini 104 SL 102 Tgt 108-112.

Buy IndusInd 83 SL 80 Tgt 88-92.

Buy Triveni 93 SL 90 Tgt 99-103.

Buy GDL 100 SL 97 Tgt 105-109.

Buy MRPL 83 SL 80 Tgt 88-94.

Buy GT Offshore 396 SL 378 Tgt 416-435.

Buy Suzlon 111 SL 104 Tgt 117-122.

Buy GMR Infra 147 SL 143 Tgt 152-155.

Buy Educomp 3062 SL 3005 Tgt 3138-3188.

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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