Archives : DAILY MARKET OUTLOOK : 13/07/2009


Market will be continue with its short selling. Any rally intraday will be good opportunity to go short. Strategy should be to sell on rise.

Sensex Resistance 13727-14016-14179. Support 13309-13170-12822.

Nifty Resistance 4048-4092-4130. Support 3949-3877-3835.

Sell HDFC 2198 SL 2228 Tgt 2092-2018.

Sell JP Ass 186 SL 192 Tgt 178-166.

Sell Siemens 410 SL 425 Tgt 393-373.

Sell Sail 153 SL 157 Tgt 147-142.

Sell Kotak 555 SL 578 Tgt 529-501.

 Sell Axis 738 SL 754 Tgt 713-698-676.

Sell RiL 1772 SL 1843 Tgt 1715-1684.

Sell ReL Infra 1028 SL 1055 Tgt 984-909.

Sell ReL Cap 742 SL 764 Tgt 708-676.

Sell RNRL 72 SL 78 Tgt 67-63.

Sell L&T 1356 SL 1381 Tgt 1327-1245.


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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