Archives : DAILY MARKET OUTLOOK : 27/10/2009


Sell Off once again proves that the market is attracting strong selling pressure at around 5030-5050 levels. Today the Nifty will test the support zone of 4931-4904.

Sensex Resistance 16791-16872-16943. Support 16662-16603-16494.

Nifty Resistance 4987-5014-5033. Support 4952-4921-4904.

Sell DLF 429 SL 444 Tgt 412-388.

Sell JP Ass 229 SL 235 Tgt 222-214.

Sell Rel Cap 859 SL 875 Tgt 843-817.

Sell RiL 2015 SL 2036 Tgt 1988-1943.

At Lower Support Levels One can Buy:

Buy OFSS 2178 SL 2144 Tgt 2231-2302.

Buy IDBI 132 SL 129 Tgt 137-144.

Buy Aurobindo 846 SL 832 Tgt 862-887.

Buy Bal Chini 144 SL 140 Tgt 151-157.

Buy Dabur 153 SL 151 Tgt 157-161.


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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