Archives : DAILY MARKET OUTLOOK : 12/08/2009


Market will open lower due to weak global cues but market will try and fight from the support zone of 4400-4380.

Sensex Resistance 15257-15369-15463. Support 14946-14786-14548.

Nifty Resistance 4475-4511-4557. Support 4430-4398-4365.

Buy Bajaj Hind 188 SL 184 Tgt 196-203..

Buy Renuka 186 SL 182 Tgt 193-205.

Buy Aban 1108 SL 1085 Tgt 1150-1208.

Buy NDTV 178 SL 166 Tgt 184-189.

Buy GVK Power 46 SL 44 Tgt 49-51.

At Higher Levels Sell :

Sell ICICI 717 SL 732 Tgt 701-682.

Sell HDFC Bank 1379 SL 1400 Tgt 1347-1325.

Sell Grasim 2638 SL 2680 Tgt 2581-2515.

Sell Abb 658 SL 677 Tgt 645-612.

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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