Archives : DAILY MARKET OUTLOOK : 12/10/2009


Nifty has closed just above the support of 4917 and bulls are hoping that this level is not breached.

Sensex Resistance 16709-16846-16963. Support 16561-16494-16119..

Nifty Resistance 4965-4989-5006-5043. Support 4921-4904-4842.

Buy OFSS 2097 SL 2049 Tgt 2170-2243.

Buy IDBI 130 SL 126 Tgt 140-152.

Buy Divis Lab 575 SL 562 Tgt 592-602.

Buy Titan 1423 SL 1400 Tgt 1465-1495.

Buy Neyvelli Lig 137 SL 133 Tgt 142-147.

Buy Thermax 580 SL 563 Tgt 602-630.

At Higher Levels Sell:

Sell L&T 1633 SL 1664 Tgt 1587-1545.

Sell SBi 2067 SL 2084 Tgt 2027-1992.

Sell Grasim 2398 SL 2458 Tgt 2330-2284.

Sell Tata Comm 475 SL 483 Tgt 460-440.

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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