Archives : DAILY MARKET OUTLOOK : 22/07/2009


Market witnessed some profit booking at higher levels and one cannot rule out that possibility even today. Nifty will face strong resistance around 4520.

Sensex Resistance 15184-15257-15600. Support 14995-14854-14744.

Nifty Resistance 4509-4558-4586. Support 4446-4411-4365.

Buy HOEC 133 SL 128 Tgt 141-148.

Buy McDowell 962 SL 954 Tgt 996-1015.

Buy Voltas 140 SL 135 Tgt 145-151.

Buy Guj Alkali 101 SL 99 Tgt 105-112.

Buy GNFC 92 SL 90 Tgt 96-102.

Buy SRF 121 SL 116 Tgt 126-134.

Buy Sesa Goa 233 SL 226 Tgt 243-249.

Buy Punj Lloyd 231 SL 224 Tgt 238-248.

Buy Jindal Steel 2799 SL 2727 Tgt 2851-2912.

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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