Archives : DAILY MARKET OUTLOOK : 01/07/2009


Selling pressure seen at higher levels and today wont be much different.

Sensex Resistance 14635-14688-14780-14907. Support 14420-14347-14179.

Nifty Resistance 4337-4365-4409. Support 4267-4243-4221-4206.

Buy Tulip IT 844 SL 811 Tgt 890-931.

Buy Srei Infra 81 SL 78 Tgt 84-88.

Buy Patel Engg 417 SL 406 Tgt 426-435.

Buy Educomp 3791 SL 3729 Tgt 3850-3980.

Buy NiiT 61 SL 59 Tgt 64-67.

Buy Dabur 125 SL 123 Tgt 129-134.

At Higher Levels one can short

Sell Siemens 471 SL 489 Tgt 456-447.

Sell Alstom Proj 486 SL 501 Tgt 474-468.

Sell Unitech 79 SL 82 Tgt 76-71.

Sell Rel Cap 899 SL 926 Tgt 880-860.

Sell McDowell 871 SL 892 Tgt 847-836.

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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