Archives : DAILY MARKET OUTLOOK : 01/10/2009

DAILY MARKET OUTLOOK : 01/10/2009.

Sensex is back over 17000. The sentiment is turning bullish but one needs to adopt a cautious approach by taking fewer positions and maintaining strict stop loss.

Sensex Resistance 17171-17265-17392. Support 17040-16928-16802..

Nifty Resistance 5103-5148-5168. Support 5053-5020-4968.

Buy IOB 126 SL 122 Tgt 133-140.

Buy SBi 2194 SL 2154 Tgt 2244-2289.

Buy Triveni 109 SL 107 Tgt 113-116.

Buy BEL 1533 SL 1483 Tgt 1562-1610.

Buy Kotak 729 SL 763 Tgt 800-815.

Buy Axis Bank 985 SL 958 Tgt 1010-1025.

Buy Maruti 1701 SL 1661 Tgt 1773-1810.

Buy Purvankara 125 SL 121 Tgt 136-145.

Buy Aurobindo 780 SL 766 Tgt 808-825.

Buy Everonn 445 SL 430 Tgt 460-489.

Buy Edelweiss 482 SL 462 Tgt 508-525.

Buy ADSL 478 SL 466 Tgt 497-509.


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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