Archives : DAILY MARKET OUTLOOK : 30/10/2009

DAILY MARKET OUTLOOK : 30/10/2009.

The market fell sharply in the last half hour of trade yesterday. The close below 50dma is a confirmation that the market will now be a sell on rise market in the short term. For today, there is some relief as the global markets are strong and that will give a push for the Nifty.

Sensex Resistance 16146-16334-16494. Support 15893-15740-15600.

Nifty Resistance 4818-4852-4904. Support 4726-4693-4636.

Buy M&M 928 SL 907 Tgt 956-980.

Buy Tata Power 1402 SL 1384 Tgt 1435-1469.

Buy Wipro 624 SL 610 Tgt 640-655.

Buy IDFC 145 SL 143 Tgt 151-156.

Buy Sun Pharma 1402 SL 1384 Tgt 1427-1448.

Buy Bal Chini 152 SL 148 Tgt 160-164-176.

 


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