Archives : DAILY MARKET OUTLOOK : 29/06/2009


Market will be volatile but with a positive bias as the budget nears. Expect sudden sharp reversals for today.

Sensex Resistance 14798-14930-15332. Support 14608-14526-14179.

Nifty Resistance 4391-4419-4448-4479. Support 4321-4279-4206.

Buy Infosys 1827 SL 1799 Tgt 1853-1878.

Buy IB Real 213 SL 208 Tgt 221-233.

Buy IDBI 115 SL 111 Tgt 121-127.

Buy Axis Bank 818 SL 793 Tgt 848-889.

Buy Punj LLoyd 218 SL 214 Tgt 224-235.

Buy HDiL 251 SL 242 Tgt 262-270.

Buy SBi 1749 SL 1734 Tgt 1769-1799.

Buy BemL 905 SL 866 Tgt 930-969.

Buy HPCL 302 SL 293 Tgt 310-323.

Buy BPCL 421 SL 412 Tgt 433-452.

Buy IOC 538 SL 524 Tgt 560-580.

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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