Archives : DAILY MARKET OUTLOOK : 15/10/2009


Happy Dhanteras to all. May this Deepawali give you prosperity and lot of Lakshmi.

Market has given a breakout as the Nifty managed to close above 5110 and hence the bearish head & shoulders pattern stands negated.

Sensex Resistance 17317-17392-17634. Support 17152-16943-16820..

Nifty Resistance 5136-5168-5220. Support 5092-5077-5036.

Buy GMR Infra 72 SL 70 Tgt 76-79.

Buy HCC 144 SL 138 Tgt 151-157.

Buy Opto 210 SL 204 Tgt 217-227.

Buy Bal Chini 136 SL 133 Tgt 142-145.

Buy Bajaj Hind 202 SL 195 Tgt 208-214.

Buy Renuka 206 SL 201 Tgt 214-226.

Buy Triveni 117 SL 114 Tgt 122-128.

Buy Ind Info 161 SL 156 Tgt 168-173.

Buy LiTL 537 SL 530 Tgt 559-573.

Buy Essar 161 SL 155 Tgt 167-174.

Buy JP Ass 252 SL 246 Tgt 258-269.

Buy Yes Bank 220 SL 213 Tgt 229-237.

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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