Archives : DAILY MARKET OUTLOOK : 14/08/2009


Market saw a strong rise yesterday and now runs into resistance area between 4649-4693. Volatility will increase as we approach this zone.

Sensex Resistance 15600-15789-15868. Support 15416-15306-15236.

Nifty Resistance 4649-4679-4693-4731. Support 4575-4544-4521.

Buy JsW 726 SL 718 Tgt 742-762.

Buy Cent Tex 440 SL 433 Tgt 447-453-468.

Buy IOC 551 SL 544 Tgt 559-569.

Buy Guj Alkali 114 SL 110 Tgt 119-124.

Buy Cummins 331 SL 320 Tgt 343-349.

Buy Bajaj Hind 197 SL 194 Tgt 205-213.

Buy IDFC 142 SL 138 Tgt 147-150.

Buy Orchid 105 SL 102 Tgt 111-117.

Buy Aptech 208 SL 202 Tgt 220-227.

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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